USDE→
USDGIf had 's mcap →
#24 · USDE
#38 · USDG
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar.
USDE→
USDGMULTIPLIER▼ 1.52xGAP$1.63B
FOR CONTEXT
$3.14B compared to the world
About this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Global Dollar (USDG). With Ethena USDe currently at $0.9993 per coin and a market cap of $4.78B, and Global Dollar at $0.9999 with a market cap of $3.14B, applying Global Dollar's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.6578 — a 0.66x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Global Dollar: Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar.
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 Global Dollar's market cap, what would the price be?
If Ethena USDe (USDE) had Global Dollar's (USDG) current market cap of $3.14B, each USDE would be worth approximately $0.6578 based on the circulating supply of 4,779,672,822 USDE. That is 0.66x the current USDE price of $0.9993.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $4.78B, ranking #24 by market capitalization. Each USDE trades at $0.9993.
What is the current market cap of Global Dollar?
Global Dollar (USDG) currently has a market cap of $3.14B, ranking #38 by market capitalization. Each USDG trades at $0.9999.
How does USDE compare to USDG?
Ethena USDe's market cap of $4.78B sits below Global Dollar's $3.14B. For USDE to reach USDG's current valuation, the price would need to move 0.66x 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.