CME Group adds ENA reference rates across three global regions

CME Group has expanded its cryptocurrency benchmark suite by adding Ethena’s ENA token. The new suite, administered by CF Benchmarks, provides standardized U.S. dollar reference rates and real-time indices across three major trading regions: London, New York, and the Asia-Pacific (APAC).

Starting August 24, these regional reference rates are published daily at 4 p.m. local time, allowing institutions to select valuation points that align with their specific working days. The benchmarks are published seven days a week, including weekends and holidays, to accommodate the continuous nature of cryptocurrency markets.

In addition to daily rates, real-time indices are available for intraday monitoring of exposure, execution costs, and risk management. The pricing methodology utilizes transactions from multiple eligible spot exchanges to reduce reliance on any single venue's liquidity or order book. This expansion follows the inclusion of other assets like Solana, XRP, and Cardano in CME’s crypto benchmark offerings.