Ethereum Name Service (ENS) is a decentralized, open, and extensible naming system built on the Ethereum blockchain. It simplifies cryptocurrency transactions by replacing complex wallet addresses with human-readable domain names (e.g., yourname.eth).
Key Metrics (Live Data)
- Current Price: $0 (Check CoinEx for updates)
- 24H Change: -3.72%
- Circulating Supply: 36.49M ENS (36.49% of total supply)
- Max Supply: 100M ENS
👉 Track ENS price movements on CoinEx
How ENS Works
ENS transforms Ethereum addresses into memorable domains, enhancing usability for:
- Crypto Payments – Send funds to
name.ethinstead of0x3b8…7f5. - Decentralized Websites – Host content on IPFS with ENS-linked URLs.
- Identity Verification – Securely associate domains with user profiles.
Blockchain: Ethereum (ERC-20 token)
Launch Date: November 8, 2021
Why Invest in ENS?
- Growing Adoption: Over 2M registered domains as of 2024.
- Utility-Driven Demand: Used by wallets (MetaMask), dApps, and DAOs.
- Decentralized Governance: ENS token holders vote on protocol upgrades.
FAQs
Q: How do I buy ENS domains?
A: Purchase directly via ENS official site or trade ENS tokens on exchanges like CoinEx.
Q: Can I stake ENS tokens?
A: Yes, stake ENS to participate in governance and earn rewards.
Q: What’s the difference between ENS and DNS?
A: ENS is blockchain-based, censorship-resistant, and supports crypto integrations, unlike traditional DNS.
Risks to Consider
- Market Volatility: Crypto prices fluctuate rapidly.
- Regulatory Changes: Compliance shifts may impact adoption.
- Technical Risks: Smart contract vulnerabilities (though ENS is audited).
Always conduct independent research before investing.
🔗 Official Resources:
Data accuracy not guaranteed. Prices update every 60 seconds.