Calculate the price of Ethena USDe with the market cap of Tether

Select two assets — we recalculate what the first would cost if it matched the second's total market value.

Ethena USDe price with the market cap of Tether

$37.39 (37.39x)

If Ethena USDe had Tether's market cap, its price would sit 3,639.4% above today's — a 37.39x move from the current price.

USDE mcap #25 $4.90B
USDT mcap #3 $183.37B
Holdings
USDE

At a glance

Coin A may offer better value relative to market cap

Ethena USDeUSDETetherUSDT
Spot price $0.9998 $0.9999
Market cap $4.90B $183.37B
Fully diluted valuation $4.90B $188.83B
Global rank #25 #3
24h high $1.00 $1.00
24h low $0.9986 $0.9996
24h volume $179.73M $81.69B
Volume / market cap +3.67% +44.55%

Performance, extremes & supply

Both coins showing similar momentum today

Ethena USDeUSDETetherUSDT
24h change -0.04% -0.02%
7d change +0.04% +0.04%
30d change 0.00% +0.01%
All-time high $1.03 $1.32
From ATH -3.31% -24.43%
All-time low $0.9295 $0.5725
Circulating supply 4,904,645,966 USDE 183,384,649,782 USDT
Total supply 4,904,590,680 USDE 188,851,595,759 USDT
Max supply Unlimited Unlimited

Sentiment & social reach

Crowd signals, watchlist traction, and audience scale across public channels.

Ethena USDeUSDETetherUSDT
Bullish sentiment +0.00% +55.56%
Watchlist users $25.91K $534.22K
Reddit subscribers $0.00 $0.00
Telegram users $0.00 $0.00

Frequently asked questions

Answers about these assets and how the comparison is calculated.

What is Ethena USDe?

Ethena USDe (USDE) is a cryptocurrency that operates on blockchain technology. It can be used for peer-to-peer transactions, investments, and various decentralized applications depending on its specific features and use cases.

What is Tether?

Tether (USDT) is a cryptocurrency that operates on blockchain technology. It can be used for peer-to-peer transactions, investments, and various decentralized applications depending on its specific features and use cases.

What makes Ethena USDe different from Tether?

Ethena USDe (USDE) and Tether (USDT) are different cryptocurrencies with distinct use cases, technical implementations, and market positions. They may differ in consensus mechanisms, transaction speeds, supply models, and ecosystem development. Compare their market caps, trading volumes, and historical performance to understand their relative positions in the crypto market.

Should I buy USDE or USDT?

This comparison tool helps you understand the market valuations, but it does not constitute financial advice. Both cryptocurrencies have different use cases, risk profiles, and market positions. Do your own research, understand the technology, and consider your risk tolerance before investing. Past performance does not guarantee future results.

Where can I buy Ethena USDe and Tether?

Both Ethena USDe and Tether can be purchased on most major cryptocurrency exchanges including Coinbase, Binance, Kraken, and others. You will need to create an account, verify your identity, deposit funds, and then trade for the cryptocurrency you want.

How does Ethena USDe work?

Ethena USDe operates on blockchain technology using a consensus mechanism to validate transactions. The specific technical details depend on whether it uses Proof of Work, Proof of Stake, or another consensus algorithm. Transactions are recorded on a distributed ledger maintained by network nodes.

How does Tether work?

Tether operates on blockchain technology using a consensus mechanism to validate transactions. The specific technical details depend on whether it uses Proof of Work, Proof of Stake, or another consensus algorithm. Transactions are recorded on a distributed ledger maintained by network nodes.