Top Pairs for Ethereum Name Service

AVAXENS

BTCENS

BNBENS

ADAENS

LINKENS

DOGEENS

ETHENS

STETHENS

DOTENS

SHIBENS

SOLENS

XLMENS

Frequently Asked Questions About Ethereum Name Service (ENS) Interest Rates

What is the Ethereum Name Service (ENS) and what problem does it solve?

The Ethereum Name Service (ENS) is a decentralized domain name system built on the Ethereum blockchain. It lets users register human-readable names (like alice.eth) that map to Ethereum addresses, smart contracts, decentralized websites, and other resources. This simplifies sending funds, interacting with dApps, and managing on-chain assets by replacing long hexadecimal addresses with easy-to-remember names. ENS also supports subdomains, enabling users to create a branded namespace for themselves or projects. While it adds convenience, ENS relies on on-chain registrations, auctions for popular names, and gas costs for transactions.

How does ENS work, and what are the main components I should know about?

ENS operates through a few key components: the registry (on-chain storage of all name records), registrars (control the registration and renewal of names, often via auctions for premium names), and resolvers (the logic that translates a name into an address or other resource). Users register a name by interacting with the registrar contracts and paying gas fees. Once registered, they can set various records (address, content hash for IPFS, text records, etc.) through a resolver. Importantly, ENS names are non-custodial—you control the private keys of your wallet, but you must keep your private key secure to maintain control over your name.

What is the current market status of ENS (price, supply, and tokenomics)?

As of the latest data, ENS has a circulating supply of about 38.19 million tokens out of a max supply of 100 million, with a current price around $9.10 and a 24-hour price change of roughly -4.42%. Market capitalization sits near $347.4 million. ENS is an ERC-20 token used for governance within the ENS ecosystem, including staking and potential fee reductions for certain operations. Prices can be volatile due to market demand, network activity, and broader crypto market conditions. Always verify current figures on a reliable price tracker before trading or making financial decisions.

How can I buy, store, and stake ENS tokens securely?

To acquire ENS, you can trade on supported decentralized and centralized exchanges. After purchase, store your ENS in a secure wallet that supports ERC-20 tokens, preferably with hardware wallet integration (e.g., Ledger or Trezor) for enhanced security. If you plan to stake ENS for governance or network participation, check whether staking is available directly via the ENS ecosystem or through affiliated platforms. When storing, use a unique, strong seed phrase, enable two-factor authentication on exchange accounts, and consider transferring large holdings to a cold wallet for long-term security.

What are the practical use cases for ENS in everyday crypto activity?

Practical use cases for ENS include: sending and receiving funds with human-readable names (e.g., alice.eth instead of a long address), linking wallets across platforms for easier identity management, hosting decentralized websites or content hashes associated with your name, and configuring domain-level permissions or subdomains for teams and projects. ENS also supports text records and content hashes, which can point to IPFS-hosted sites or reveal metadata. For developers, ENS integrates with smart contracts to resolve addresses, enabling cleaner user experiences in dApps.

Best Ethereum Name Service (ENS) Rates