How to Stake Ethena Staked ENA in 2026
How much can you earn?
Estimate your rewards from staking Ethena Staked ENA.
What is Ethena Staked ENA staking?
Ethena Staked ENA is a liquid staking token: you deposit the underlying asset and receive SENA, which keeps earning about 4.0% APY while staying tradeable. That means you can use it across DeFi instead of locking it up.
Is staking Ethena Staked ENA worth it in 2026?
Ethena Staked ENA's ~4.0% APY is on the higher end, and higher yield means higher risk: newer networks, thinner liquidity, and more price volatility. It can be worth it if you believe in the project long-term and only stake what you're comfortable holding through swings.
Follow the step-by-step guide below to start staking SENA.
How to stake Ethena Staked ENA
Get SENA
Purchase SENA on a supported exchange.
Connect your wallet
Connect your wallet to a liquid staking protocol.
Deposit and receive tokens
Deposit SENA to receive liquid staking tokens that earn yield automatically.
Use in DeFi (optional)
Your liquid tokens can be used in DeFi protocols for additional yield on top of staking rewards.
What to watch out for
Ethena Staked ENA staking — common questions
What is the current SENA staking APY?
The current Ethena Staked ENA staking APY is approximately 4.00%. This rate fluctuates based on network participation and total staked supply. Data is updated every few hours.
Is there a minimum to stake SENA?
No minimum stake required for Ethena Staked ENA. You can start with any amount.
How risky is SENA staking?
Ethena Staked ENA staking is a higher-risk option, with potential for significant slashing, smart contract exploits, or high volatility.
What type of staking does SENA use?
Ethena Staked ENA uses liquid staking. Get tradeable tokens representing your staked position while still earning rewards.
What percentage of SENA is staked?
About 100.0% of the total Ethena Staked ENA supply is currently staked, worth $83.24M.