How Much is Ethena Worth
Evaluate Ethena's worth using your own investment criteria with Fundamentally's Focus system.
Understanding Ethena's Value
Ethena (ENA) is a cryptocurrency in the Manta Network Ecosystem, Stablecoin Issuer, Swellchain Ecosystem sectors. Ranked #61 by market capitalization, Ethena can be evaluated and tracked using Fundamentally.
What Determines Ethena's Worth?
Understanding what Ethena is truly worth requires looking beyond the current price. As a notable cryptocurrency ranked #61, ENA can be evaluated using Fundamentally's Focus system to determine its worth based on your investment thesis.
Price vs. Value
Price is what the market says Ethena costs right now. Value is what ENA is fundamentally worth based on criteria you define—technology, adoption, team, tokenomics, and utility. Fundamentally helps you evaluate this systematically rather than guessing.
Key Factors to Evaluate for Ethena
- Technology and innovation in the Manta Network Ecosystem space
- Network adoption and active user base
- Development activity and roadmap execution
- Tokenomics and supply dynamics
- Your personal conviction based on research
How Fundamentally Helps Evaluate Ethena

Build Your Lens
Your CriteriaCreate a custom Lens with questions that matter for evaluating Ethena. Define criteria like technology, team, adoption, and tokenomics.
Evaluate the Asset
Focus ScoreAnswer your Lens questions for ENA to generate a Focus score (0-100). This score represents your personal conviction based on your research.
Compare Assets
Objective ComparisonUse the same Lens to evaluate multiple assets and compare Focus scores. See how Ethena stacks up against similar investments using your criteria.
Custom Lens
Build evaluation frameworks with questions that matter for Ethena's specific category.
Focus Score
Generate a 0-100 score for ENA based on your answers to your Lens questions.
Asset Comparison
Compare Ethena against similar assets using the same criteria for objective evaluation.
Position Sizing
Your Focus score maps to suggested bet sizes so ENA allocation matches your conviction.
Frequently Asked Questions
Create a custom Lens in Fundamentally with questions relevant to ENA. Answer them based on your research to generate a Focus score (0-100). As a notable cryptocurrency ranked #61, Ethena can be evaluated against the criteria that matter to your investment thesis.
Stablecoins like Ethena compete on trust, transparency, and stability. Evaluate ENA based on reserve composition, audit frequency, peg stability history, and regulatory compliance.
Evaluate Ethena's True Worth
Go beyond price charts with Fundamentally's Focus-based evaluation system.
