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ENA Perpetual on Hyperliquid

Perpetual marketsnapshot · 2026-09-06 18:45 UTC
Trade ENA Perpetual on Hyperliquid

ENA Perpetual on Hyperliquid — price $0.17523 (+5.23% 24h), funding +0.0049%/1h, open interest $71.0M, 24h volume $33.3M. Annualized funding +43.0%. Source: Hyperliquid official · as of 2026-09-06 18:45 UTC

Price
$0.17523
+5.23% 24h
Funding (1h)
+0.0049%
+43.0% annualized
Open Interest
$71.0M
24h Volume
$33.3M
Positioning & range
Positioning
Funding gauge (position proxy)
Shorts payNeutralLongs pay
Whale skew (top-20 whale positioning bias — not whole market)
0% Long
100%
Price range
All-time high
$1.526
2024-04-11
All-time low
$0.06989
2026-06-10
52W high
$0.87359
2025-09-09
52W low
$0.06989
2026-06-10
History
History trajectoryApr 24Jun 25Sep 26

Daily closes spanning the full history since listing. Switch to 1M for finer hourly-snapshot detail (our moat, collected since 2026-06-14).

Export / download
Date range
Granularity
⬇ CSV⬇ JSON/api/hl/markets/ena-perp/history?format=csv&from=2026-06-14&to=2026-09-06&granularity=daily

Daily/weekly/monthly rollups from D1. File header carries the attribution line.

Historical data is free to cite and reuse with attribution — link this page or hyperacademy.io.

Cross-exchange · Predicted funding

Predicted funding (Binance/Bybit normalized to a 1h basis). Informational only — not investment advice.

About this market

Ethena's ENA token is tied to one of the more actively discussed stablecoin designs in the market — the protocol issues a synthetic dollar, USDe, backed by a delta-neutral hedging strategy rather than traditional cash reserves, and ENA is the governance and value-accrual token layered on top of that system. On Hyperliquid, ENA's price and volume often move with sentiment around the synthetic-dollar sector broadly: yield levels on USDe, funding-rate conditions across the market, and any protocol updates tend to be the more relevant catalysts, on top of general crypto conditions. Leverage sits at a solid mid-tier, consistent with a token that has real liquidity without the scale of the top L1s. Because Ethena's core strategy relies on funding-rate income from perpetual futures markets — including on venues like Hyperliquid itself — ENA can be unusually sensitive to shifts in market-wide funding conditions compared to most other assets on this list. Traders who follow DeFi yield trends often watch ENA more closely for that reason.

What is the max leverage for ENA on Hyperliquid?

ENA-USD perpetuals support up to 10x leverage.

What does Ethena do?

Ethena issues USDe, a synthetic dollar backed by a delta-neutral hedging strategy rather than traditional bank reserves; ENA is the protocol's governance and value-accrual token.

Why might ENA be sensitive to funding-rate conditions market-wide?

Ethena's core yield strategy depends on funding-rate income from perpetual futures markets, so broad shifts in funding conditions across the industry can flow through to sentiment around ENA specifically.

What are ENA Perpetual's 24h volume and open interest?

ENA Perpetual currently has $33.3M in 24h volume and $71.0M in open interest. As of 2026-09-06 18:45 UTC.

What is ENA Perpetual's all-time high on Hyperliquid?

ENA Perpetual's all-time high is $1.526 on 2024-04-11; the all-time low is $0.06989 on 2026-06-10. The 52-week range is $0.06989–$0.87359. As of 2026-09-06 18:45 UTC.

Can I trade ENA Perpetual 24/7 on Hyperliquid?

Yes. ENA Perpetual is a crypto market, so it trades 24/7/365 on Hyperliquid with no market open or close, and funding settles every hour.

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