{"id":410561,"date":"2025-11-08T06:57:51","date_gmt":"2025-11-08T01:27:51","guid":{"rendered":"https:\/\/dripp.zone\/news\/ethena-season-4-rewards-go-live-crypto-news\/"},"modified":"2025-11-08T07:04:14","modified_gmt":"2025-11-08T01:34:14","slug":"ethena-season-4-rewards-go-live-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/ethena-season-4-rewards-go-live-crypto-news\/","title":{"rendered":"Ethena Season 4 Rewards Go Live &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Users were left waiting for over a month after the synthetic dollar protocol\u2019s Season 4 concluded in September.<\/p>\n<div>\n<p>Synthetic dollar protocol Ethena released its Season 4 rewards today, with ENA tokens claimable by participants who have been waiting since September for their earnings.<\/p>\n<p>Season 4 <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/mirror.xyz\/0xF99d0E4E3435cc9C9868D1C6274DfaB3e2721341\/o17hNR5XCDPPlqo1Kv76h6Hes77ilk-yWZkKfa_W_GY\" target=\"__blank\" rel=\"noopener noreferrer \">concluded on Sept. 24<\/a>, which also kicked off Season 5, expected to run until March 2026.<\/p>\n<p>Today\u2019s rewards drop distributes 3.5% of the total ENA supply, with 1.5% instantly claimable, an additional 1% vested for the top 2000 wallets and instantly available for smaller users, and the remaining 1% to be distributed when Hyena Trade, Ethena\u2019s <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/defi\/tokenized-nasdaq-futures-enter-top-10-by-volume-on-hyperliquid\" target=\"__blank\" rel=\"noopener noreferrer \">HIP-3 instance<\/a>, goes live.<\/p>\n<p>ENA, which initially didn\u2019t react to the news, rallied alongside the rest of the altcoin market today and is up almost 9% in the last 24 hours. Despite the surge, ENA has some ways to go before it recovers from its <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/thedefiant.io\/news\/tokens\/ethena-usde-market-cap-drops-40-percent-since-black-friday-10-10\" target=\"__blank\" rel=\"noopener noreferrer \">10\/10 selloff.<\/a> The token is currently changing hands at $0.34, <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.coingecko.com\/en\/coins\/ethena\" target=\"__blank\" rel=\"noopener noreferrer \">down 38%<\/a> since Oct 10.<\/p>\n<figure><figcaption class=\"text-center text-xs\">ENA Chart &#8211; CoinGecko<\/figcaption><\/figure>\n<p>Partially fueled by ENA price action, Ethena\u2019s total value locked (TVL) is down 41% from its all-time high of $15 billion. However, it remains the <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/\" target=\"__blank\" rel=\"noopener noreferrer \">sixth-largest <\/a>protocol in decentralized finance (DeFi) by TVL, only trailing Aave, Lido, EigenLayer, Binance Staked ETH, and Spark.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Users were left waiting for over a month after the synthetic dollar protocol\u2019s Season 4 concluded in September. Synthetic dollar protocol Ethena released its Season 4 rewards today, with ENA tokens claimable by participants who have been waiting since September for their earnings. Season 4 concluded on Sept. 24, which also kicked off Season 5, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":410562,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-410561","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/410561","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=410561"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/410561\/revisions"}],"predecessor-version":[{"id":410563,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/410561\/revisions\/410563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/410562"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=410561"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=410561"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=410561"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}