If had 's mcap →
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Avalanche is a high throughput smart contract blockchain platform.
FOR CONTEXT
$4.68B compared to the worldAbout this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Avalanche (AVAX). With Ethena USDe currently at $0.9994 per coin and a market cap of $4.78B, and Avalanche at $10.56 with a market cap of $4.68B, applying Avalanche's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.9786 — a 0.98x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Avalanche: Avalanche is a high throughput smart contract blockchain platform.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Ethena USDe had Avalanche's market cap, what would the price be?
If Ethena USDe (USDE) had Avalanche's (AVAX) current market cap of $4.68B, each USDE would be worth approximately $0.9786 based on the circulating supply of 4,782,828,630 USDE. That is 0.98x the current USDE price of $0.9994.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $4.78B, ranking #25 by market capitalization. Each USDE trades at $0.9994.
What is the current market cap of Avalanche?
Avalanche (AVAX) currently has a market cap of $4.68B, ranking #26 by market capitalization. Each AVAX trades at $10.56.
How does USDE compare to AVAX?
Ethena USDe's market cap of $4.78B sits below Avalanche's $4.68B. For USDE to reach AVAX's current valuation, the price would need to move 0.98x 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 Ethena USDe'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.