$ENA employs a delta hedging strategy to manage Ethereum's price volatility and maintain USDe's stability against the US dollar.

The USDe stablecoin supply recently reached an all-time high of over $9.3 billion, securing its position as the third-largest stablecoin by market cap.

ENA

0.1083

+2.26%

BTC

77,657.05

-0.62%

ETH

2,313.73

-1.61%