LIVE
BTC$83,924.00▼ 0.91%ETH$2,689.34▼ 0.21%USDT$0.9998▲ 0.01%BNB$775.61▼ 0.35%XRP$1.57▲ 1.21%USDC$0.9999▲ 0.01%SOL$121.70▲ 3.48%TRX$0.3375▼ 0.79%ZEC$1,540.36▼ 0.71%FIGR_HELOC$1.03▼ 0.05%HYPE$91.74▼ 0.19%DOGE$0.0987▲ 2.05%XMR$556.10▼ 2.41%LINK$13.98▲ 4.05%WBT$83.80▼ 0.73%USDS$0.9998▲ 0.00%ADA$0.2582▲ 2.51%LEO$8.81▼ 1.32%RAIN$0.0110▼ 8.68%XLM$0.2197▼ 0.58%BCH$341.26▲ 0.30%NEAR$4.92▲ 6.76%UNI$9.56▲ 3.51%LTC$72.52▲ 1.41%CC$0.1315▲ 14.37%USDE$0.9998▲ 0.02%SUI$1.18▲ 12.59%AVAX$10.65▲ 3.66%DAI$1.00▲ 0.01%USD1$0.9994▲ 0.04%BTC$83,924.00▼ 0.91%ETH$2,689.34▼ 0.21%USDT$0.9998▲ 0.01%BNB$775.61▼ 0.35%XRP$1.57▲ 1.21%USDC$0.9999▲ 0.01%SOL$121.70▲ 3.48%TRX$0.3375▼ 0.79%ZEC$1,540.36▼ 0.71%FIGR_HELOC$1.03▼ 0.05%HYPE$91.74▼ 0.19%DOGE$0.0987▲ 2.05%XMR$556.10▼ 2.41%LINK$13.98▲ 4.05%WBT$83.80▼ 0.73%USDS$0.9998▲ 0.00%ADA$0.2582▲ 2.51%LEO$8.81▼ 1.32%RAIN$0.0110▼ 8.68%XLM$0.2197▼ 0.58%BCH$341.26▲ 0.30%NEAR$4.92▲ 6.76%UNI$9.56▲ 3.51%LTC$72.52▲ 1.41%CC$0.1315▲ 14.37%USDE$0.9998▲ 0.02%SUI$1.18▲ 12.59%AVAX$10.65▲ 3.66%DAI$1.00▲ 0.01%USD1$0.9994▲ 0.04%
G.MARKETS/PAIR ANALYSIS·Bittensor logoTAO→Ethena logoENA· LIVE· as of 01:14 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

TAO WOULD BE
$0.00000000
currently $312.08 · target mcap $2.68B
▼ 0.00x TO MATCHTAO WOULD FALL TO 0.76x OF TODAY AT ENA'S VALUATION
COIN PROFILES·TAO vs ENA
Bittensor logo
Bittensor
SOURCE

Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network.

PRICE$312.08
24H CHANGE▲ 4.39%
MARKET CAP$3.54BFDV $6.55B · 46% supply locked
RANK#34
SUPPLY11.3M TAO
DOMINANCE0.12%
7d▲ 25.68%
VS
Ethena logo
Ethena
TARGET
PRICE$0.2656
24H CHANGE▲ 14.46%
MARKET CAP$2.68BFDV $3.99B · 33% supply locked
RANK#40
SUPPLY10.1B ENA
DOMINANCE0.09%
7d▲ 53.35%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
75.9% the size
TAO$3.54B
ENA$2.68B
THE CLIMBBittensor logoTAO→Ethena logoENAMULTIPLIER▼ 1.32xGAP$854.49M
Bittensor logo
SOURCETAO$3.54B
Ethena logo
TARGETENA$2.68B
MemeCore logo
M$2.74B
PayPal USD logo
PYUSD$2.79B
Global Dollar logo
USDG$3.25B
Cronos logo
CRO$3.27B
Shiba Inu logo
SHIB$3.50B
log scale · mcap in USDSep 26, 2026
Bittensor logo
TAOBittensor
$3.54BSOURCE
MemeCore logo
M
$2.74B
PayPal USD logo
PYUSD
$2.79B
Global Dollar logo
USDG
$3.25B
Cronos logo
CRO
$3.27B
Shiba Inu logo
SHIB
$3.50B
Ethena logo
ENAEthena
$2.68BTARGET
mcap in USDSep 26, 2026
BAG SCENARIOS·IF TAO HIT ENA MCAP·TARGET $236.74
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 TAO$31,208.00$23,674.24−$7,533.76
Coffee money1K TAO$312,080.00$236,742.37−$75,337.63
Small bag10K TAO$3,120,800.00$2,367,423.70−$753,376.30
Real bag100K TAO$31,208,000.00$23,674,236.95−$7,533,763.05
Whale bag1M TAO$312,080,000.00$236,742,369.54−$75,337,630.46
Generational10M TAO$3,120,800,000.00$2,367,423,695.35−$753,376,304.65
$2.68B compared to the world
NikeNKE
$130.00B
ENA mcap is 2.1% of Nike
StarbucksSBUX
$100.00B
ENA mcap is 2.7% of Starbucks
SpotifySPOT
$90.00B
ENA mcap is 3.0% of Spotify
RobloxRBLX
$30.00B
ENA mcap is 8.9% of Roblox
RedditRDDT
$25.00B
ENA mcap is 10.7% of Reddit
SnapchatSNAP
$20.00B
ENA mcap is 13.4% of Snapchat

About this comparison

This page compares the market capitalizations of Bittensor (TAO) and Ethena (ENA). With Bittensor currently at $312.08 per coin and a market cap of $3.54B, and Ethena at $0.2656 with a market cap of $2.68B, applying Ethena's market cap to Bittensor's circulating supply produces a hypothetical TAO price of $236.74 — a 0.76x move from current.

Bittensor: Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Bittensor had Ethena's market cap, what would the price be?

If Bittensor (TAO) had Ethena's (ENA) current market cap of $2.68B, each TAO would be worth approximately $236.74 based on the circulating supply of 11,339,646 TAO. That is 0.76x the current TAO price of $312.08.

What is the current market cap of Bittensor?

Bittensor (TAO) currently has a market cap of $3.54B, ranking #34 by market capitalization. Each TAO trades at $312.08.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $2.68B, ranking #40 by market capitalization. Each ENA trades at $0.2656.

How does TAO compare to ENA?

Bittensor's market cap of $3.54B sits below Ethena's $2.68B. For TAO to reach ENA's current valuation, the price would need to move 0.76x from its current level.

Is this comparison financial advice?

No. G.MARKETS is an informational tool. The hypothetical price shown is a mathematical calculation assuming Bittensor's circulating supply stays constant — it is not a prediction, recommendation, or any form of financial, investment, legal, or tax advice. Always do your own research before making any decision related to crypto assets.