DEX on SiamDEX · No KYC · Earn in USD
Ethena (ENA) is the governance token of the Ethena protocol, the creator of USDe — a synthetic dollar that generates yield through a delta-neutral trading strategy on crypto futures. USDe has reached a peak TVL of $14.8 billion.
| Asset | Price | Volume 24h | Open Interest | 24h Change |
|---|---|---|---|---|
| Ethena (ENA) | $0.11927 | $21.88M | $32.66M | -3.65% |
| Bitcoin (BTC) | $75907.0 | $1.53B | $2.11B | -0.34% |
| Ethereum (ETH) | $2333.6 | $556.35M | $926.46M | -1.25% |
| Solana (SOL) | $86.341 | $156.36M | $328.78M | -0.51% |
| Hyperliquid (HYPE) | $43.478 | $179.26M | $858.04M | -2.08% |
| ทองคำ (PAXG) (PAXG) | $4790.3 | $2.78M | $39.65M | -0.08% |
| XRP (XRP) | $1.4328 | $34.80M | $105.66M | -0.40% |
| Dogecoin (DOGE) | $0.095223 | $12.09M | $32.74M | -0.97% |
| Fartcoin (FARTCOIN) | $0.20506 | $20.35M | $44.79M | -2.57% |
ENA is closely linked to USDe yield, which decreases when funding rates are low. This can impact TVL and ENA price.
Ethena created USDe, a stablecoin not backed by dollars in a bank but by ETH staking + short futures hedging. This allows it to generate 10-20% yield per year. USDe reached $1 billion in circulation in just 23 days — the fastest in stablecoin history.
Did You Know?
In 2024, Ethena delivered 19% APY to sUSDe holders — roughly 10-20 times higher than Thai bank deposit rates — without holding a single real dollar in a bank account.
You can start with a small amount of USDC. We recommend at least 10-100 USDC to test trading and manage risk effectively.
Up to 40x (depends on the asset and market conditions)
Connect MetaMask → Go to Deposit/Withdraw → Select deposit from a Thai or global exchange → Follow the simple steps, takes only a few minutes
Price volatility, liquidation risk when using high leverage, and funding rate exposure.
Yes. Profits are in USDC → Withdraw to MetaMask → Transfer to Thai Exchange → Sell for THB
Absolutely. SiamDEX has clear guides in Thai and English, simple steps, and no KYC required.