Ethena (ENA) News Today: Why ENA Is Down – 03 October 2026

• Ethena launched beta Ethena Pay and partnered with Binance for equity perpetuals in September. • USDe became second-largest collateral on Morpho and largest dollar-denominated collateral there. • Standard Chartered set ENA year-end 2028 target of $2 and USDe supply projection of $40 billion. • Ethena completed SOC 2 Type II audit with clean opinion and no exceptions identified. • October 5 unlock listed at $39.68M, or 1.88% of supply, by Tokenomist.