Ethena Long/Short Ratio (ENA)

Compare Ethena perpetual long/short ratio across exchanges in real time · account ratio as primary metric, Binance also provides position & taker ratios · updated every minute

Ethena current price: $0.1685

LS Ratio OverviewLS Ratio Matrix

ENA Long/Short Ratio by Exchange

Live updated
#ExchangeLong/Short RatioLong %Short %
1Binance1.440859.0%41.0%
2Bybit2.297169.7%30.3%
3Gate1.182354.2%45.8%
4HTXmost extreme2.333370.0%30.0%
Cross-Exchange Avg Ratio
1.8134
Avg Long %
63.2%
Avg Short %
36.8%

ENA Long/Short Ratio History

Data based on Binance account-ratio hourly snapshots, reflecting retail-account-level long/short positioning.

About Ethena Long/Short Ratio

What is the ENA long/short ratio?

The ENA long/short ratio measures the balance of buying (long) versus selling (short) positions on Ethena perpetual futures, tracked by account count, position size, or active taker volume. A ratio of 2.0 means longs outnumber (or outsize) shorts two to one; 0.5 means the opposite. It's a key gauge of market sentiment and position crowding.

What does a high or low ENA long/short ratio mean?

A persistently high ENA long/short ratio suggests retail accounts are heavily long and positioning is crowded — a reversal can trigger cascading long liquidations. A low ratio signals short dominance. Extreme readings in either direction are often treated as a contrarian signal.

What is the current ENA long/short ratio?

As of now, the ENA account-ratio averages 1.8134 across 4 exchanges CoinBoss tracks, and positioning is long-dominant. This updates in real time — see the table above for the full per-exchange breakdown plus position and taker ratios.

Which exchange shows the most extreme ENA long/short ratio?

Right now htx shows the most extreme (furthest from 1.0) ENA long/short ratio among tracked exchanges, at 2.3333. Differences across exchanges mainly stem from user base composition and trading behavior — large divergences are often watched as a smart-money signal.
A ratio above 1 means longs dominate; below 1 means shorts dominate. Extreme retail-account ratios are often used as a contrarian indicator.

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