Markets 1 sources

Ethena Jumped 50% and Its Revenue Multiple Is the Lowest We Have Measured All Year

Covered by 1 source · 1 article

In this story

🪙 Ethena (ENA)

Ethena surged 50.4% to $0.1323. The protocol earns $3.58 million a day, putting ENA near 1.1x annualized revenue. The catch is where that revenue comes from.

Covered by

Blockchainreporter

All coverage

Ethena Jumped 50% and Its Revenue Multiple Is the Lowest We Have Measured All Year

Blockchain Reporter 2h ago

Ethena Jumped 50% and Its Revenue Multiple Is the Lowest We Have Measured All Year

Ethena surged 50.4% to $0.1323. The protocol earns $3.58 million a day, putting ENA near 1.1x annualized revenue. The catch is where that revenue comes from.