Current ENS Token Price & Market Overview
The latest ENS token price is $19.17**, with a 24-hour trading volume of **$36,210,964. Over the past day, the price has changed by -0.48%. The circulating market cap stands at $674,970,928.
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What Is Ethereum Name Service (ENS)?
Ethereum Name Service (ENS) is a distributed, open, and extensible naming system based on the Ethereum blockchain. Its primary function is to map human-readable names (like "alice.eth") to machine-readable identifiers such as:
- Ethereum addresses
- Other cryptocurrency addresses
- Content hashes
- Metadata
ENS also supports reverse resolution, allowing metadata like canonical names or interface descriptions to be associated with Ethereum addresses.
Key Features of ENS
- Hierarchical Domain System: Operates on a dot-separated naming system similar to DNS, where domain owners have full control over subdomains.
- Top-Level Domains: Smart contracts called "registrars" own TLDs like ".eth" and ".test", setting rules for subdomain allocation.
- DNS Integration: Supports importing existing DNS names for use on ENS.
- Multi-Network Deployment: Available on Ethereum mainnet and several testnets, automatically detected by compatible apps like the ensjs Javascript library.
ENS Founding Team
Originally launched in 2017 under the Ethereum Foundation, ENS became independent in 2018. Development is managed by True Names LTD, a Singapore-based nonprofit.
Core Team Members:
- Nick Johnson (Founder & Lead Developer)
- Jeff Lau (Developer at ensdomains, Co-founder of wearekickback)
The ENS Token ($ENS)
$ENS serves as the governance token for Ethereum Name Service. Total supply is 100 million tokens, distributed as:
| Allocation | Recipients |
|---|---|
| 25% | .ETH holders (>137k accounts) |
| 25% | ENS contributors (>100 individuals/groups + Discord users) |
| 50% | DAO Community Treasury |
ENS Market Data Across Exchanges
| Rank | Exchange | Trading Pair | Price (USD) | 24H Volume | 24H Volume (USD) |
|---|---|---|---|---|---|
| 1 | Binance | ENS/USDT | 19.46 | 197,188 | 3,837,284 |
| 2 | Huobi | ENS/USDT | 19.45 | 150,448 | 2,926,424 |
| 3 | Bitget | ENS/USDT | 19.46 | 61,252 | 1,191,941 |
| 4 | OKX | ENS/USDT | 19.45 | 55,249 | 1,074,308 |
| 5 | Lbank | ENS/USDT | 19.47 | 38,109 | 741,975 |
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Frequently Asked Questions
How does ENS differ from DNS?
While both use hierarchical naming systems, ENS leverages Ethereum's blockchain capabilities for decentralized control and integrates with crypto-native functionalities like wallet addresses.
Can I use my existing DNS name with ENS?
Yes! ENS supports DNS name imports, allowing you to link traditional web domains with Ethereum functionalities.
What determines ENS token value?
Key factors include:
- Adoption of .ETH domains
- Governance utility in ENS DAO
- Integration with DeFi/NFT platforms
How secure is ENS?
Built on Ethereum's battle-tested blockchain, ENS benefits from the same security mechanisms that protect billions in DeFi assets.
Social & Contract Information
Contract Address: 0xC18360217D8F7Ab5e7c516566761Ea12Ce7F9D72 (Ethereum)
(Note: Exchange links and promotional content have been removed in compliance with guidelines.)