Token Unlock Details
Unlock Date: Apr 2nd, 2026
Tokens to be Unlocked: 40.63 million ENA
%Circulating supply- 0.52%
Total Supply- 15 billion ENA
Ethena is set to release around 40.63 million ENA tokens on April 2, 2026. This amounts to about 0.52% of the currently available supply of roughly 7.84 to 8.49 billion ENA tokens, out of a total supply of 15 billion. Most of these tokens are designated for the Ethena Foundation to help maintain the protocol and support the growth of the ecosystem.
Some sources indicate a lower count of roughly 11.095 million ENA (valued at almost $11.92 million at current prices of $0.09), most likely reflecting discrepancies in reporting or particular linear vesting tranches; however, the consensus points to the 40.63 million release.
This is included in Ethena's monthly vesting plan, which runs through 2026, with complete unlocks expected around April 2027; prior related events have sometimes sparked selling pressure and price volatility (though effects vary). With about 52% of the total supply already available, today's small release is expected to add to the supply overhang, though only slightly and continuously.
|
Round |
% of Allocation |
|
Ecosystem Incentives |
+1.19% (+53.55M tokens) |
|
Foundation |
+1.81% (+40.64M tokens) |


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