ACTIVE
LINK→
USDE
LINK→USDELINK WOULD BE$6.52
MULTIPLIER▼ 0.52x
TARGET MCAP$4.88B
THE ORIGINAL G.MARKETS CALCULATION · LIVE
If had 's mcap →
LINK WOULD BE
$0.00000000
currently $12.49 · target mcap $4.88B
#16 · LINK
#24 · USDE▼ 0.00x TO MATCHLINK WOULD FALL TO 0.52x OF TODAY AT USDE'S VALUATION
LINK
Chainlink
Chainlink is the industry-standard decentralized oracle network that solves the "oracle problem" by connecting smart contracts with real-world data.
PRICE$12.49
24H CHANGE▲ 0.39%
MARKET CAP$9.34BFDV $12.49B · 25% supply locked
RANK#16
SUPPLY748.1M LINK
DOMINANCE0.31%
7d▲ 11.44%
VS
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
PRICE$0.9999
24H CHANGE▲ 0.02%
MARKET CAP$4.88BFDV $4.88B · Fully circulating
RANK#24
SUPPLY4.9B USDE
DOMINANCE0.16%
7d▲ 0.04%
MARKET CAParea = proportional cap
LINK$9.34B
USDE$4.88B
THE CLIMB
LINK→
USDEMULTIPLIER▼ 1.92xGAP$4.46B
LINK→USDEMULTIPLIER▼ 1.92xGAP$4.46B
AVAX$5.01B
BCH$5.03B
NEAR$5.41B
UNI$5.42B
XLM$6.91B
LEO$8.23B
ADA$8.57B
log scale · mcap in USDSep 20, 2026
LINKChainlink
$9.34BSOURCE
AVAX
$5.01BBCH
$5.03BNEAR
$5.41BUNI
$5.42BXLM
$6.91BLEO
$8.23BADA
$8.57BUSDEEthena USDe
$4.88BTARGET
mcap in USDSep 20, 2026
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 LINK$1,249.00$651.88−$597.12
Coffee money1K LINK$12,490.00$6,518.75−$5,971.25
Small bag10K LINK$124,900.00$65,187.50−$59,712.50
Real bag100K LINK$1,249,000.00$651,875.03−$597,124.97
Whale bag1M LINK$12,490,000.00$6,518,750.33−$5,971,249.67
Generational10M LINK$124,900,000.00$65,187,503.30−$59,712,496.70
FOR CONTEXT
$4.88B compared to the worldNikeNKE
$130.00B
USDE mcap is 3.8% of Nike
StarbucksSBUX
$100.00B
USDE mcap is 4.9% of Starbucks
SpotifySPOT
$90.00B
USDE mcap is 5.4% of Spotify
RobloxRBLX
$30.00B
USDE mcap is 16.3% of Roblox
RedditRDDT
$25.00B
USDE mcap is 19.5% of Reddit
SnapchatSNAP
$20.00B
USDE mcap is 24.4% of Snapchat
About this comparison
This page compares the market capitalizations of Chainlink (LINK) and Ethena USDe (USDE). With Chainlink currently at $12.49 per coin and a market cap of $9.34B, and Ethena USDe at $0.9999 with a market cap of $4.88B, applying Ethena USDe's market cap to Chainlink's circulating supply produces a hypothetical LINK price of $6.52 — a 0.52x move from current.
Chainlink: Chainlink is the industry-standard decentralized oracle network that solves the "oracle problem" by connecting smart contracts with real-world data.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Chainlink had Ethena USDe's market cap, what would the price be?
If Chainlink (LINK) had Ethena USDe's (USDE) current market cap of $4.88B, each LINK would be worth approximately $6.52 based on the circulating supply of 748,099,970 LINK. That is 0.52x the current LINK price of $12.49.
What is the current market cap of Chainlink?
Chainlink (LINK) currently has a market cap of $9.34B, ranking #16 by market capitalization. Each LINK trades at $12.49.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $4.88B, ranking #24 by market capitalization. Each USDE trades at $0.9999.
How does LINK compare to USDE?
Chainlink's market cap of $9.34B sits below Ethena USDe's $4.88B. For LINK to reach USDE's current valuation, the price would need to move 0.52x 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 Chainlink'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.