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Enjin Coin

ENJ/USD #435 Crypto
$0.0250+1.89%24h
24h Range
$0.0243$0.0257

ENJ to USDT Converter

1 ENJ = 0.0250495 USDT · updated 06:22 UTC

Volume Bubbles Chart (1h)

Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.

Seasonal Chart

Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.

Enjin Coin Markets

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Enjin Coin Historical Data

About Enjin Coin (ENJ)

ENJ on Enjin Blockchain

Enjin Coin, or ENJ, is the native coin of the Enjin Blockchain. Enjin’s current documentation describes it as the main token for network actions, including transactions, staking and governance. ENJ is also used for storage deposits and for adding ENJ backing to MultiTokens. The project originally launched ENJ on Ethereum in June 2018 and migrated it to the Enjin Blockchain in September 2023.

Staking and security

Enjin uses a nominated proof-of-stake model. ENJ holders can stake through nomination pools or other supported mechanisms, while validators and nominators help secure the network. Enjin documentation describes sENJ as a liquid representation of staked ENJ. When ENJ is bonded to a nomination pool, sENJ can represent the staked position while the stake factor changes with rewards or penalties.

Fees and token creation

ENJ is required to pay transaction fees on the Enjin Blockchain. The network also uses ENJ for token-account deposits and for creating or minting blockchain assets. Enjin’s documentation explains that a 0.01 ENJ storage deposit can apply to a new MultiToken holder. ENJ Infusion can also lock ENJ inside MultiToken units as backing value.

Governance and NFTs

ENJ has roles beyond paying gas. Enjin identifies governance as a core function, allowing participants to help steer the ecosystem. The token also connects to the network’s NFT design because ENJ can be infused into MultiTokens and recovered when those assets are melted. This gives the token a protocol-level relationship with digital assets rather than treating it only as a payment coin.

ENJ risks

ENJ is exposed to blockchain execution, staking, smart-contract and NFT ecosystem risks. Staking can involve lockups or unbonding periods, while the Stake Factor can change when validators behave poorly. Older information about ERC-20 ENJ can also be confusing because the native Enjin Blockchain token has been the project’s main home since 2023. Current documentation should take precedence over legacy migration descriptions.

This page separates project documentation from live FMchart market fields. Historical tokenomics, staking rules and roadmap statements are dated where relevant, while live figures are intended to refresh independently when market data is available. Readers should use current project documentation for changes after the review date.

For FMchart readers, ENJ market statistics should be separated from Enjin’s protocol documentation and from the older ERC-20 migration history. The current native coin operates on Enjin Blockchain, while historical Ethereum balances describe an earlier stage of the project. Price, market cap, rank and circulating supply are live fields and can change without any change to the protocol documentation. Staking information also depends on the current validator and nomination-pool implementation, including unbonding rules and the behavior of the sENJ representation. Historical price data on FMchart is a composite USD series assembled from supported market sources, so its start date may differ from the date ENJ was first announced or launched. This page uses dated sources for migration and staking details and avoids treating older Ethereum-era descriptions as if they were the current network architecture.

Sources: Enjin Coin, Enjin Coin (ENJ), Enjin Token Migration FAQs

Last reviewed: Oct 8, 2026

Enjin Coin (ENJ) FAQ

What is ENJ?

ENJ is the native coin of the Enjin Blockchain, used for network fees, staking, governance and several NFT-related functions.

What is the current ENJ price?

The current ENJ price is $0.025 in FMchart’s composite market data, shown as a USD reference across supported exchanges.

What is ENJ used for?

ENJ pays Enjin Blockchain transaction fees, supports staking and governance, and can be infused into MultiTokens as backing value.

Can ENJ be staked?

Yes. ENJ can be staked to support Enjin’s proof-of-stake security model through validators or nomination pools.

What is the current ENJ supply?

Enjin’s migration documentation describes an initial post-migration supply of 1.75 billion ENJ, while current circulating supply is a live market field.

What is ENJ’s market cap and rank?

ENJ has a market cap of $50.31M and a market rank of 435 in FMchart’s current market-data fields when available.

How has ENJ performed historically?

FMchart summarizes the available Enjin Coin price history using its composite USD series. The monthly and annual tables on this page depend on the historical market data available for the asset.

What is ENJ Infusion?

ENJ Infusion locks ENJ inside MultiToken units as backing value. Enjin says the infused amount can increase but cannot be decreased after infusion.

What is sENJ?

sENJ is a MultiToken representation of staked ENJ. It is created when ENJ is staked and can support liquid-staking functions within the Enjin ecosystem.

What are the risks of ENJ?

Important risks include blockchain security, staking lockups, validator performance, smart contracts and changes in the NFT ecosystem that uses Enjin infrastructure.