CME Group Adds ENA Reference Rates Across Three Regions
The CME Group has expanded its cryptocurrency benchmark suite by adding three regional U.S. dollar reference rates and real-time indices for Ethena's ENA token, starting August 24th.
The new products will be published daily by CF Benchmarks, the administrator of CME's cryptocurrency indices, at 4 p.m. in each region: London, New York, and APAC. The reference rates provide a fixed valuation point, while real-time indices update during the trading day to assist with intraday exposure monitoring.
Ethena's ENA token is now part of CME's single-asset cryptocurrency benchmark suite, alongside other assets like Solana, XRP, and Chainlink. The addition allows firms to select a valuation point that corresponds with their working day instead of applying one global cutoff.