ACTIVE
USDE→
HBAR
USDE→HBARUSDE WOULD BE$0.8512
MULTIPLIER▼ 0.85x
TARGET MCAP$4.07B
THE ORIGINAL G.MARKETS CALCULATION · LIVE
If had 's mcap →
USDE WOULD BE
$0.00000000
currently $0.9994 · target mcap $4.07B
#25 · USDE
#33 · HBAR▼ 0.00x TO MATCHUSDE WOULD FALL TO 0.85x OF TODAY AT HBAR'S VALUATION
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
PRICE$0.9994
24H CHANGE▲ 0.02%
MARKET CAP$4.78BFDV $4.78B · Fully circulating
RANK#25
SUPPLY4.8B USDE
DOMINANCE0.16%
7d▼ 0.04%
VS
Hedera is a decentralized public network where developers can build secure, fair applications with near real-time consensus.
PRICE$0.0925
24H CHANGE▼ 0.02%
MARKET CAP$4.07BFDV $4.63B · 12% supply locked
RANK#33
SUPPLY44.0B HBAR
DOMINANCE0.14%
7d▼ 8.34%
MARKET CAParea = proportional cap
USDE$4.78B
HBAR$4.07B
THE CLIMB
USDE→
HBARMULTIPLIER▼ 1.17xGAP$709.01M
USDE→HBARMULTIPLIER▼ 1.17xGAP$709.01M
GRAM$4.14B
USD1$4.26B
BTW$4.37B
SUI$4.54B
DAI$4.55B
UNI$4.66B
AVAX$4.67B
log scale · mcap in USDOct 10, 2026
USDEEthena USDe
$4.78BSOURCE
GRAM
$4.14BUSD1
$4.26BBTW
$4.37BSUI
$4.54BDAI
$4.55BUNI
$4.66BAVAX
$4.67BHBARHedera
$4.07BTARGET
mcap in USDOct 10, 2026
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDE$99.94$85.12−$14.81
Coffee money1K USDE$999.36$851.22−$148.14
Small bag10K USDE$9,993.64$8,512.20−$1,481.44
Real bag100K USDE$99,936.40$85,121.99−$14,814.41
Whale bag1M USDE$999,364.00$851,219.86−$148,144.14
Generational10M USDE$9,993,640.00$8,512,198.63−$1,481,441.37
FOR CONTEXT
$4.07B compared to the worldNikeNKE
$130.00B
HBAR mcap is 3.1% of Nike
StarbucksSBUX
$100.00B
HBAR mcap is 4.1% of Starbucks
SpotifySPOT
$90.00B
HBAR mcap is 4.5% of Spotify
RobloxRBLX
$30.00B
HBAR mcap is 13.6% of Roblox
RedditRDDT
$25.00B
HBAR mcap is 16.3% of Reddit
SnapchatSNAP
$20.00B
HBAR mcap is 20.4% of Snapchat
About this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Hedera (HBAR). With Ethena USDe currently at $0.9994 per coin and a market cap of $4.78B, and Hedera at $0.0925 with a market cap of $4.07B, applying Hedera's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.8512 — a 0.85x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Hedera: Hedera is a decentralized public network where developers can build secure, fair applications with near real-time consensus.
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 Hedera's market cap, what would the price be?
If Ethena USDe (USDE) had Hedera's (HBAR) current market cap of $4.07B, each USDE would be worth approximately $0.8512 based on the circulating supply of 4,785,857,625 USDE. That is 0.85x 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 Hedera?
Hedera (HBAR) currently has a market cap of $4.07B, ranking #33 by market capitalization. Each HBAR trades at $0.0925.
How does USDE compare to HBAR?
Ethena USDe's market cap of $4.78B sits below Hedera's $4.07B. For USDE to reach HBAR's current valuation, the price would need to move 0.85x 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.