$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

0.0811

-10.08%

BTC

66,902.87

-1.74%

ETH

2,057.66

-3.79%