Ongoing Airdrop

Ethena ($ENA) Season 6 Crypto Airdrop — Earn Stable Yield and Free ENA Rewards

Editor-verifiedUpdated September 11, 2026by CoinCoverage Editorial Team

Ethena Season 5 ended on March 25, 2026. Season 6 started immediately after and is now live. It runs the same model — earn Sats (points) through protocol activ…

Token: ENA
Est. value: TBA
Deadline: Sep 26, 2026
Chains: Ethereum

About the Ethena Airdrop

Ethena Season 5 ended on March 25, 2026. Season 6 started immediately after and is now live. It runs the same model — earn Sats (points) through protocol activity, and those Sats determine your $ENA allocation at season close. The exact ENA pool for Season 6 has not been disclosed. Season 6 is expected to run approximately six months. If you participated in Season 5, two separate airdrops are pending for you: Airdrop 1 — $ENA: Distribution details and the exact claim date have not yet been officially announced. Watch @ethena_labs for the claim link. Based on previous seasons, claiming opens roughly one week after the snapshot closes. Airdrop 2 — $BASED: Ethena partnered with BasedOneX during Season 5, allowing sENA holders to earn Based Points throughout the season. The final snapshot is done and points have stopped accumulating. BasedOneX TGE is March 30, 2026. Eligible sENA holders can claim $BASED tokens within 72 hours of TGE. Track your Based Points on the Ethena Overview dashboard. For Season 6, participation mechanics are the same as previous seasons. Staking USDe mints sUSDe and earns protocol yield from perpetual funding and basis spreads. Staking and locking ENA mints sENA, which earns governance rewards and a Sats multiplier boost. Deploying USDe or sUSDe across Ethena-aligned integrations such as Pendle, Aave, Morpho, and Ethereal adds further multipliers. Previous season participants receive an automatic reward boost in Season 6. USDe and ENA have a 7-day unlock period after unstaking.

Eligibility Requirements

Eligibility checklist3 requirements
Required token balance held at snapshot
Active stake for the campaign period
Fresh Web3 wallet (never share seed phrases)

How to Claim ENA — Step by Step

Open the official Ethena portal
Connect a fresh wallet on the official page (linked here), complete each listed action, and confirm your entry is recorded.
Open official link
Stake the required assets
Keep the stake active for the full campaign period — early unstaking usually disqualifies you.
Earn points before the conversion
Points accrue for each completed action and convert to tokens at TGE. Track your rank — late joiners earn at worse rates.
Hold the required balance at snapshot
Keep the required tokens in your wallet when the snapshot is taken. Moving funds across the snapshot block disqualifies that wallet.
Provide liquidity
Add liquidity to the designated pools and hold the LP position through the campaign window.
Submit and track before the deadline
Entries close September 27, 2026. Confirm your entry is recorded and re-check this page — we re-verify status and deadlines regularly.

Token Contracts

Ethereum: 0x57e114b691db790c35207b2e685d4a43181e6061

Ethena Airdrop — FAQ

How do I join the Ethena (ENA) airdrop?

To join, start from the official link on this page and complete each listed action, then: stake the required assets; earn points before the conversion; hold the required balance at snapshot. Entries close September 27, 2026.