USDE→
DAIIf had 's mcap →
#25 · USDE
#24 · DAI
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
MakerDAO has launched Multi-collateral DAI (MCD).
USDE→
DAIMULTIPLIER▲ 1.00xGAP$21.32MFOR CONTEXT
$4.56B compared to the world
About this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Dai (DAI). With Ethena USDe currently at $0.9994 per coin and a market cap of $4.54B, and Dai at $1.00 with a market cap of $4.56B, applying Dai's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $1.00 — a 1.00x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Dai: MakerDAO has launched Multi-collateral DAI (MCD).
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 Dai's market cap, what would the price be?
If Ethena USDe (USDE) had Dai's (DAI) current market cap of $4.56B, each USDE would be worth approximately $1.00 based on the circulating supply of 4,538,887,957 USDE. That is 1.00x 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 $4.54B, ranking #25 by market capitalization. Each USDE trades at $0.9994.
What is the current market cap of Dai?
Dai (DAI) currently has a market cap of $4.56B, ranking #24 by market capitalization. Each DAI trades at $1.00.
How does USDE compare to DAI?
Ethena USDe's market cap of $4.54B sits slightly above Dai's $4.56B. For USDE to reach DAI's current valuation, the price would need to move 1.00x 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.