DeFi
Not yet rated

Ethena

A synthetic dollar protocol offering a delta-hedged stablecoin.

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Category
DeFi
Chains
Ethereum
Onyx rating
Pending review

Is Ethena rated by Onyx?

Not yet. Ethena is listed in the store but has not been through an Onyx review. When it is assessed, it will be scored 0 to 100 across legal standing, security posture, operating history, financial transparency and user outcomes, the same public methodology applied to every rated app. Until then, treat it as unrated and do your own research.

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Questions

What is Ethena?

A synthetic dollar protocol offering a delta-hedged stablecoin.

Is Ethena rated by Onyx?

Not yet. Ethena is listed in the store and awaiting an Onyx review against the public methodology.

What chains does Ethena run on?

Ethena runs on Ethereum.