Market cap
$261.03M
-1.69 %
Volume (24h)
$10.28M
-1.69 %
Circulating supply
36,999,020 ENS
Total supply
100,000,000 ENS
Max. supply
100,000,000 ENS
Ethereum Name Service (ENS)
$ 6.25
-1.69 %
Main info
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Key data
updated $0Market cap$261.03M
Volume 24h$10.28M
Circulating supply37M37% of max 100M
All-time high$83.4-93% from peak · 2021-11-10
Ethereum Name Service (ENS) is a decentralized naming protocol built on Ethereum that replaces long, machine-readable crypto addresses with human-readable names ending in .eth, like alice.eth. The ENS token (ticker: ENS) is the governance token of the project, giving holders a vote in how the service is run. In simple terms, it works like a phonebook for blockchain: instead of copying a 42-character address, you just send funds to a name you can actually remember.
Frequently asked questions
What is ENS and how is it different from other cryptocurrencies?
ENS is the governance token of the Ethereum Name Service, a protocol that maps human-readable .eth names to wallet addresses and other on-chain data. Unlike payment coins, it is not designed for buying things — its core purpose is voting on protocol upgrades, fee settings, and treasury spending. The .eth names themselves are NFTs, while ENS is the ERC-20 token that governs the whole system.
How does ENS work under the hood?
ENS is not its own blockchain — it is a set of smart contracts (a registry, registrars, and resolvers) deployed on Ethereum that link names to records. Because it lives on Ethereum, it inherits the network's proof-of-stake security instead of having a separate consensus mechanism. Registering a name requires an annual renewal fee paid in ETH, and names expire if the owner stops renewing them.
How is the ENS token supply structured?
ENS has a hard cap of 100,000,000 coins, so no tokens can ever be minted beyond that limit. The full supply was distributed at launch, mostly through an airdrop to people who held .eth names, with the rest going to early contributors and the DAO treasury. There is no mining or staking-based emission, which means the total supply does not grow over time.
How do you store and use ENS?
As a standard ERC-20 token, ENS can be kept in any Ethereum-compatible wallet, from browser extensions like MetaMask to hardware wallets like Ledger. Holding tokens lets you vote in the ENS DAO directly or delegate your voting power to a community member you trust. The .eth names are separate assets — NFTs stored in the same wallets — and are used to receive payments, host profiles, or point to websites.