Ethena
ENAdefi$0.08547+2.14% (24h)
Mkt Cap$817.53M
FDV$1.28B
Vol 24h$139.68M
TVLN/A
7d+11.71%
30d+0.89%
ATH$1.52reached Apr 2024
From ATH-94.38%
Market data: 17h ago
Risk score data: 6d ago
AI briefing data: 37d ago
AI Briefing
Grade BB · Caution warranted
Ethena presents moderate risk with significant data transparency gaps and unaudited protocol managing substantial capital.
Risk findings (4)
High risk (2)
Unaudited stablecoin managing billions
No security audit found for protocol managing $806M market cap and $1.3B fully diluted value.
Extreme lack of operational transparency
No TVL, revenue, fees, daily active addresses, transactions, or developer activity data available.
Medium risk (2)
No vesting schedule documented
Absence of vesting mechanism creates inflation and insider sell pressure risk.
Team and community metrics absent
Team allocation, investor breakdown, community size, and developer activity all unverified or unavailable.
Quick checks
2 pass3 warn3 fail
Audit
Team
GitHub
Supply cap
FDV/MC
Vesting
Liquidity
Regulatory
Investment perspective
+Stablecoin category remains structurally valuable; Ethena operates in high-demand DeFi segment with significant addressable market.
+Strong 24-hour trading volume ($178.53M) and $806M market cap suggest active user adoption and market confidence.
+Hard supply cap at 15B tokens provides certainty; 62% circulating supply limits near-term dilution relative to theoretical max.
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This is AI-generated analysis for informational purposes only, not financial advice. Always do your own research.
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Risk Matrix
| Impact ↓ / Likelihood → | high | medium | low |
|---|---|---|---|
| high | 1 risk | — | — |
| medium | — | — | — |
| low | — | — | 1 risk |
Click a cell to expand risks