Auto-refreshes every 30s · Max leverage: 10x
Trade Ethena (ENA) on Hyperliquid
Ethena created USDe, a synthetic dollar backed by delta-neutral staked ETH positions. ENA governs one of DeFi's fastest-growing stablecoin protocols. Trade ENA-PERP on Hyperliquid.
Hyperliquid's ENA perpetual tracks the ENA/USD price using an oracle-based mark price system. Funding rates are calculated hourly and settle continuously, keeping the perpetual price anchored to spot.
Key Market Facts
Frequently Asked Questions
What leverage is available for ENA on Hyperliquid?
You can trade ENA perpetual futures with up to 10x leverage on Hyperliquid. Start with lower leverage (2-5x) if you are new to the platform.
What are the trading fees for ENA on Hyperliquid?
Base taker fee is 0.045% and maker rebate is 0.015%. Fees decrease with higher volume tiers and HYPE staking. Sign up with our referral code for a 4% discount.
How does ENA funding work on Hyperliquid?
Funding is calculated hourly and settles continuously. When the rate is positive, longs pay shorts. When negative, shorts pay longs. The rate reflects the premium between mark and oracle prices.
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