Airdrop How to Earn Seasons Docs Governance
Season 5 Airdrop — Claim Is Live

Claim Your
$ENA Now_

The Season 5 $ENA airdrop is live. Connect your wallet, verify your allocation, and claim your tokens in one step.

How to Earn
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S5 Sats Issued
0
Total points across S5
Eligible Wallets
0
Season 5 participants
Airdrops Available
0
Separate $ENA drops — claim both
Claim Status
LIVE
Connect wallet to claim now
$ENA Season 5 Distribution

Two Airdrops.
Claim Both Now._

Every Season 5 participant receives two separate $ENA allocations. Your share is proportional to your Sats earned across the season. Both are claimable today.

Airdrop 01
$ENA — Primary Distribution
Your main $ENA allocation from Season 5. Proportional to your Sats earned across the full season. Connect your wallet to see your exact amount and claim instantly.
SnapshotMarch 25, 2026
Token$ENA
StatusLive — Claim Now
EligibleUSDe · sUSDe · sENA holders
AllocationBased on your Sats share
Airdrop 02
$ENA — Second Drop
A second separate $ENA allocation for all Season 5 participants. Both drops are claimable now. Each is an independent on-chain transaction.
Claimable Now
Eligibility
Are You Eligible?
Any wallet that held USDe, sUSDe, or sENA — or deployed these assets across supported integrations — before the March 25 snapshot qualifies for both drops.
Connect to Verify →
Security reminder: Always verify you are on the correct domain. Ethena will never DM you a claim link. Your $ENA allocation is determined by your on-chain Sats from Season 5 — no action was needed before claiming.
How To Claim

Three Steps
To Your $ENA_

Claiming takes under a minute. Connect the wallet you used during Season 5 and your full allocation loads automatically.

01
Connect Your Wallet
Connect the EVM wallet you used during Season 5. Your $ENA allocation is tied to your on-chain address at the March 25 snapshot.
02
View Your Allocation
Your exact $ENA amounts for both Airdrop 1 and Airdrop 2 are displayed instantly — based on your proportional Sats share of 23.46T total.
03
Claim Both Drops
Confirm two separate transactions in your wallet — one per drop. $ENA lands in your wallet immediately after each confirmation.
✓
Who Is Eligible?
Any wallet that held USDe, sUSDe, or sENA — or deployed them across supported integrations — before March 25, 2026 qualifies.
✓
No Registration Needed
There is no sign-up or whitelist. Your allocation is automatically calculated from your on-chain activity during Season 5.
✓
Claim Window
The claim window is open now. Claims do not expire immediately — but do not delay. Unclaimed tokens may be subject to protocol governance decisions.
Season Timeline

Season 5 Closed.
Airdrop Is Live._

Season 5 → Airdrop claim window Claim open now
Completed
Season 1 — Shard Campaign
Initial launch season. USDe adoption incentives. $ENA distributed to early participants at TGE.
Completed
Season 2
Expanded integrations, sUSDe yield, sENA governance locking introduced as new reward path.
Completed
Season 3
Broader DeFi deployment support. Chaoslabs and Llamarisk risk integrations. USDtb launch.
Completed
Season 4
Multi-chain expansion. Deepened exchange partnerships: Binance, Bybit, Kraken, Hyperliquid.
Mar 25, 2026
Season 5 — Snapshot Taken
Final snapshot at block height. 23.46 trillion Sats recorded across 924,000+ wallets. Allocations locked.
Apr 10, 2026
$ENA Airdrop — Claim Live Open Now
Both Season 5 $ENA drops are live and claimable. Connect your wallet to claim your full allocation instantly.

Claim Your
$ENA_

Your Season 5 $ENA allocation is ready. Connect the wallet you used during Season 5 — your amounts for both drops load automatically. Claim in two transactions.

Snapshot: March 25, 2026  ·  2 drops available  ·  Claim window open

Supported by leading institutions & protocols

Binance Bybit Kraken Deribit Aave Morpho Pendle Chainlink Hyperliquid Wintermute