What is Ethereum Name Service?
Ethereum Name Service (ENS) is a DeFi protocol governance token currently ranked 127th by market capitalization across all crypto assets we track. DeFi governance tokens grant voting rights over protocol parameters and, in some cases, a share of protocol revenue.
Market position
At the current price of $6.28, Ethereum Name Service carries a market capitalization of $232.19M. Daily trading volume across exchanges sits at roughly $14.63M. That works out to a 24-hour turnover of about 6.30% of the float — consistent with healthy market activity for a mid-to-large cap asset.
Price action across timeframes
Over the past 24 hours, Ethereum Name Service has moved -0.82%; over the past week, Ethereum Name Service has moved -6.74%; over the past 30 days, Ethereum Name Service has moved ++3.27%; over the past year, Ethereum Name Service has moved -72.89%. The trend reads as broadly negative across timeframes — short-, mid-, and long-term momentum align downward.
Cycle position
Ethereum Name Service is currently trading far below its all-time high (all-time high of $60.53, -89.6% from peak). Late-stage capitulation territory — the riskiest end of the cycle but historically the highest-reward. From its all-time low of $4.82, current pricing represents a +30% recovery.
Supply & dilution
The circulating supply stands at 100,000,000 ENS. With 100.0% of the maximum supply already issued, future dilution is near-zero — almost all token issuance is behind us.
Volatility profile
Recent price action puts Ethereum Name Service in the Moderate-volatility bucket. The asset shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the past 30 days, the 30-day move totals +3.27%, which traders should weigh against position sizing and stop-loss placement.
How to evaluate Ethereum Name Service
A balanced read on ENS typically considers three lenses:
- Network & on-chain activity — does usage justify the valuation? Live activity (above) should ideally trend up over time.
- Cycle position — current price relative to ATH (above) sets the risk/reward asymmetry. Closer to ATL is mathematically lower downside; closer to ATH is higher downside.
- Comparable assets — how is ENS performing against the broader crypto market (BTC, total market cap) and against peers in the same sector? The benchmarks chart on this page shows this directly.
This page combines live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model so you can answer those three questions in one place. Nothing on this page is investment advice — it's a structured starting point for your own due diligence.
Project description
Ethereum Name Service (ENS) is a decentralized domain name system built on the Ethereum blockchain that allows users to register human-readable domain names mapped to Ethereum addresses. This enhances usability by simplifying transactions and interactions with Ethereum addresses. Source: CoinPaprika.com