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Is ENA safe?
BENA·ENA·Ethereum
ENA (ENA) · Ethereum · on-chain safety read, grade B (80/100)
Data snapshot: 2026-09-16 · source: live token feeds + on-chain flags · refreshed weekly · not financial advice
BB · see the safety checks › Swap ENA safely →ENA price and market data
Official links
ExplorerLive candle chart for the most active tracked pool.
ENA markets — tracked pools
Most active tracked pools — read live.
| Pool | Venue | Liquidity | 24h volume | Volume % | |
|---|---|---|---|---|---|
| ENA / WETH 0.3% | Uniswap V3 | $673.25K | $248.81K | 68.4% | Trade |
| ENA / sENA 0.05% | Uniswap V3 | $226.01K | $50.30K | 13.8% | Trade |
| ENA / USDC 0.3% | Uniswap V4 (Ethereum) | $413.80K | $38.61K | 10.6% | Trade |
| ETH / ENA 0.3% | Uniswap V4 (Ethereum) | $81.74K | $23.52K | 6.5% | Trade |
| ENA / WETH 0.05% | Uniswap V3 | $27.25K | $2.74K | 0.8% | Trade |
Trade ENA
Live quote and wallet connect open in the app — free, non-custodial.
ENA to USD converter
Global ENA prices
NexFlow score: higher = safer (0–100)
- contract-level controls not assessed in this snapshot — verify with a live scan
- liquidity depth is healthy liquidity locks
Re-scan ENA live before you trade
On-chain state changes — verify the current read, then swap non-custodially if it clears.
What the data says about ENA
ENA is Ethena's governance token — the asset of the protocol behind USDe, the synthetic dollar that became one of the largest stables on earth by running a delta-neutral hedge rather than holding cash. The deployment 0x57e114b691db790c35207b2e685d4a43181e6061 is the canonical mint; our August 17, 2026 snapshot reads $2.5 million of tracked pool liquidity on this pair set.
The honest shape: ENA's value rides on USDe's durability — a bet on the hedge machinery surviving the negative-funding stress case it was designed for but hasn't fully faced — plus the fee economics of Ethena's stack (USDe, sUSDe, USDtb, and now USDat). It's a governance claim on real, measurable protocol revenue, which puts it a tier above pure attention assets while keeping the tail risk its whole design carries.
Figures are NexFlow's read dated August 17, 2026; the live scan refreshes them.
Contract
0x57e114b691db790c35207b2e685d4a43181e6061
Verify ENA by this address, never by name or ticker.
Put the ENA grade on your site
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<a href="https://nexflowscan.com/token/ethereum/ena/" target="_blank" rel="noopener"><img src="https://nexflowscan.com/api/badge/ethereum/0x57e114b691db790c35207b2e685d4a43181e6061.svg" alt="ENA safety grade B on NexFlow"></a><iframe src="https://nexflowscan.com/embed/badge/ethereum/0x57e114b691db790c35207b2e685d4a43181e6061" width="380" height="62" style="border:0" loading="lazy" title="ENA safety grade — NexFlow"></iframe>[](https://nexflowscan.com/token/ethereum/ena/)FAQ
Is ENA a safe token?
As of the 2026-08-17 snapshot, ENA scores 80/100 (grade B) on NexFlow's on-chain read — based on its unconfirmed mint authority, unconfirmed freeze authority, liquidity of $2.47M. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell ENA, or is it a honeypot?
Our Ethereum read covers market structure, not sell-side contract behaviour like honeypots or transfer taxes, as of 2026-08-17. Before assuming you can exit freely, run the live scan above — it reads the contract directly.
Who holds most of ENA?
Per-wallet distribution for ENA wasn't resolved in the 2026-08-17 snapshot. Run the live scan, which reads holder concentration directly from the chain.
Can ENA's supply be inflated?
This snapshot grades market structure only — contract-level supply controls on Ethereum aren't assessed here yet. Run the live scanner, which reads the contract in real time.
What is the ENA contract address?
The ENA contract address on Ethereum is 0x57e114b691db790c35207b2e685d4a43181e6061. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy ENA safely?
Run the live on-chain scan at the top of this page first; if ENA clears, you can swap it here directly. Whatever venue you use, match the contract address (0x57e114b691db790c35207b2e685d4a43181e6061) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.
