Local conformational fluctuations in proteins can affect the coupling between ligand binding and global structural transitions. This finding was established by monitoring quantitatively how the population distribution in the ensemble of microstates of staphylococcal nuclease was affected by proton binding. Analysis of acid unfolding and proton-binding data with an ensemble-based model suggests that local fluctuations: (i) can be effective modulators of ligand-binding affinities, (ii) are important determinants of the cooperativity of ligand-driven global structural transitions, and (iii) are well represented thermodynamically as local unfolding processes. These studies illustrate how an ensemble-based description of proteins can be used to describe quantitatively the interdependence of local conformational fluctuations, ligand-binding processes, and global structural transitions. This level of understanding of the relationship between conformation, energy, and dynamics is required for a detailed mechanistic understanding of allostery, cooperativity, and other complex functional and regulatory properties of macromolecules.cooperativity ͉ ensemble ͉ linkage ͉ dynamics ͉ electrostatics T he native states of proteins are conformationally heterogeneous (1-8). This characteristic is primarily the result of local structural fluctuations that are thought to contribute to stability and to function (9-11). As a consequence of these spontaneous conformational fluctuations, proteins in solution exist as ensembles of closely related, transient, and interconverting conformational microstates that, when averaged, describe the conformational state represented by the crystal structure. NMR spectroscopy can be used to study the very fast motions of proteins (9-11). Nevertheless, the probability and structural character of the full spectrum of microstates sampled by proteins is not yet known (12, 13). The sensitivity of the ensemble of microstates to changes in environmental conditions (i.e., pH, temperature, pressure, ligand binding, and concentrations of osmolytes and denaturants) is also not well understood, and neither is the manner in which local fluctuations are coupled to larger, more global structural transitions. Here, we introduce an ensemble-based description of proteins that accounts for the complex interplay between local conformational fluctuations, global stability, and ligand binding. This ensemble view of proteins can contribute innovative mechanistic insight into the evolution of enzymatic and regulatory functions of proteins.To investigate the coupling between ligand binding, conformational fluctuations, and global stability, the proton-binding properties of staphylococcal nuclease (SNase) were studied. Proton-binding processes are particularly useful for this purpose because they are experimentally measurable and because the pK a values of ionizable groups are exquisitely sensitive to their local microenvironments (14-27). Each proton-binding site acts as a site-specific probe of local conformation.Proton-bindi...