ACTIVE

DAI→

USDE

DAI WOULD BE$0.9866

MULTIPLIER▼ 0.99x

TARGET MCAP$4.58B

G.MARKETS/PAIR ANALYSIS·

DAI→

USDE· LIVE· as of 02:11 UTC

THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

DAI WOULD BE

$0.00000000

currently $1.00 · target mcap $4.58B

#23 · DAI$1.00▼ 0.0%

#24 · USDE$0.9995▲ 0.0%

▼ 0.00x TO MATCHDAI WOULD FALL TO 0.99x OF TODAY AT USDE'S VALUATION

COIN PROFILES·DAI vs USDE

DAIUnverified

Dai

SOURCE

MakerDAO has launched Multi-collateral DAI (MCD).

PRICE$1.00

24H CHANGE▼ 0.01%

MARKET CAP$4.64BFDV $4.64B · Fully circulating

RANK#23

SUPPLY4.6B DAI

DOMINANCE0.15%

7d▼ 0.01%

USDEUnverified

Ethena USDe

TARGET

Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

PRICE$0.9995

24H CHANGE▲ 0.01%

MARKET CAP$4.58BFDV $4.58B · Fully circulating

RANK#24

SUPPLY4.6B USDE

DOMINANCE0.15%

7d▼ 0.01%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

DAI$4.64B

USDE$4.58B

THE CLIMB

DAI→

USDEMULTIPLIER▼ 1.01xGAP$62.31M

SOURCEDAI$4.64B

TARGETUSDE$4.58B

log scale · mcap in USDOct 26, 2026

DAIDai

$4.64BSOURCE

USDEEthena USDe

$4.58BTARGET

mcap in USDOct 26, 2026

BAG SCENARIOS·IF DAI HIT USDE MCAP·TARGET $0.9865

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 DAI$100.00$98.65−$1.35

Coffee money1K DAI$1,000.00$986.51−$13.49

Small bag10K DAI$10,000.00$9,865.09−$134.91

Real bag100K DAI$100,000.00$98,650.88−$1,349.12

Whale bag1M DAI$1,000,000.00$986,508.80−$13,491.20

Generational10M DAI$10,000,000.00$9,865,088.03−$134,911.97

FOR CONTEXT

$4.58B compared to the world

NikeNKE

$130.00B

USDE mcap is 3.5% of Nike

StarbucksSBUX

$100.00B

USDE mcap is 4.6% of Starbucks

SpotifySPOT

$90.00B

USDE mcap is 5.1% of Spotify

RobloxRBLX

$30.00B

USDE mcap is 15.3% of Roblox

RedditRDDT

$25.00B

USDE mcap is 18.3% of Reddit

SnapchatSNAP

$20.00B

USDE mcap is 22.9% of Snapchat

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Dai (DAI) and Ethena USDe (USDE). With Dai currently at $1.00 per coin and a market cap of $4.64B, and Ethena USDe at $0.9995 with a market cap of $4.58B, applying Ethena USDe's market cap to Dai's circulating supply produces a hypothetical DAI price of $0.9865 — a 0.99x move from current.

Dai: MakerDAO has launched Multi-collateral DAI (MCD).

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 Dai had Ethena USDe's market cap, what would the price be?

If Dai (DAI) had Ethena USDe's (USDE) current market cap of $4.58B, each DAI would be worth approximately $0.9865 based on the circulating supply of 4,644,667,076 DAI. That is 0.99x the current DAI price of $1.00.

What is the current market cap of Dai?

Dai (DAI) currently has a market cap of $4.64B, ranking #23 by market capitalization. Each DAI trades at $1.00.

What is the current market cap of Ethena USDe?

Ethena USDe (USDE) currently has a market cap of $4.58B, ranking #24 by market capitalization. Each USDE trades at $0.9995.

How does DAI compare to USDE?

Dai's market cap of $4.64B sits below Ethena USDe's $4.58B. For DAI to reach USDE's current valuation, the price would need to move 0.99x 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 Dai'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.

If DAI▾ had USDE▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

More comparisons

If had 's mcap →