CME Adds Regional ENA Benchmarks Across Three Markets
CME Group has added three regional U.S. dollar reference rates and real-time indices for Ethena's ENA token, providing standardized pricing data to institutions.
The new benchmarks cover the London, New York, and APAC market closes, with daily publication beginning on August 24th.
Cf Benchmarks calculates the rates using trades from eligible spot exchanges, rather than relying on a single exchange's order book or temporary pricing differences.
The reference rates provide a fixed valuation point for portfolio valuation, net asset value calculations, and contract settlement, while real-time indices offer updated dollar prices throughout the day to assist with trading, collateral monitoring, and risk controls.