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Crypto pair

VS

ENA vs XPL: Side-by-Side

Crypto vs Crypto up to 10x Funding every 1h 0.07% per side 86 markets

Ethena and Plasma, side by side on the dimensions that matter for a perp trader: class, structure and behaviour.

On this page Returns Risk and funding Side by side Verdict FAQ

EthenaENA-PERP · Canton

PlasmaXPL-PERP · Canton

VS

Price

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24h

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YTD return ——

30D volatility ——

Max leverage 10x10x

Both legs on Canborsa Sign up›

ENA-PERP vs XPL-PERP

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Ethena–Plasma Price ratio

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90d

Correlation

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XPL vs ENA

Volatility ratio · 90d

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ENA

1Y return spread

Returns by window · winner marked

Who returned more, window by window

Window

ENA

XPL

Spread

1W

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1M

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3M

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1Y

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Performance · indexed overlay

ENA vs XPL, indexed to 100

ENA·XPL

Risk · volatility and correlation

Volatility and correlation

Realized volatility (annualized)

ENAXPL

30D · ENA

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30D · XPL

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90D · ENA

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90D · XPL

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Wider bar = more volatile. Values load with the live window.

Correlation · window

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−1−0.50+0.5+1

Daily returns on the measured window. +1 lockstep, 0 unrelated, −1 mirrors. Not a forecast.

Funding · APR on each leg

Funding on each side

ENA-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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XPL-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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Head-to-head · spec by spec

Ethena vs Plasma — the numbers side by side

Spec

EthenaENA-PERP · Canton

PlasmaXPL-PERP · Canton

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Asset class

Crypto

Crypto

Max leverage on Canborsa

10x

10x

Funding interval

1h

1h

Also trades on

19 platforms

14 platforms

Trading fees

 0.07% / side · 0.14% round-trip 

 0.07% / side · 0.14% round-trip 

Funding · APR

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Verdict

Both legs are crypto perpetuals on Canborsa, settled in USDC.

ENA is live at up to 10x ; XPL is live at up to 10x . Trading fees are 0.07% per side ( 0.14% round-trip).

Both legs have their own market pages: Ethena (ENA) market hub ›Plasma (XPL) market hub ›

Frequently asked questions

What are the trading fees for Ethena and Plasma on Canborsa?›

Canborsa charges 0.07% per side (0.14% round trip) on every perpetual market, including Ethena and Plasma.

What is Ethena's ticker compared to Plasma's?›

Ethena trades under the ticker ENA and Plasma under XPL.

What category is Ethena in versus Plasma?›

Canborsa categorizes Ethena as Decentralized Finance (DeFi) and Plasma as Smart Contract Platform.

Are Ethena and Plasma both crypto assets on Canborsa?›

Ethena and Plasma are both crypto assets on Canborsa.

What's the max leverage on Ethena on Canborsa?›

Of the two, only Ethena is live on Canborsa, with up to 10x leverage.

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Crypto pair · Perpetual · —

Trade ENA and XPL on Canborsa

More markets · one venue · crypto-native

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0.07% per side

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