If had 's mcap →
LINK would drop to 0.63x of its current price at USDE's valuation
Chainlink is the industry-standard decentralized oracle network that solves the "oracle problem" by connecting smart contracts with real-world data.
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
FOR CONTEXT
$3.88B compared to the worldAbout this comparison
This page compares the market capitalizations of Chainlink (LINK) and Ethena USDe (USDE). With Chainlink currently at $8.22 per coin and a market cap of $6.15B, and Ethena USDe at $0.9995 with a market cap of $3.88B, applying Ethena USDe's market cap to Chainlink's circulating supply produces a hypothetical LINK price of $5.19 — a 0.63x 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 $3.88B, each LINK would be worth approximately $5.19 based on the circulating supply of 748,099,970 LINK. That is 0.63x the current LINK price of $8.22.
What is the current market cap of Chainlink?
Chainlink (LINK) currently has a market cap of $6.15B, ranking #19 by market capitalization. Each LINK trades at $8.22.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $3.88B, ranking #24 by market capitalization. Each USDE trades at $0.9995.
How does LINK compare to USDE?
Chainlink's market cap of $6.15B sits below Ethena USDe's $3.88B. For LINK to reach USDE's current valuation, the price would need to move 0.63x 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.