USDE→
NEARIf had 's mcap →
#20 · USDE
#23 · NEAR
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
NEAR Protocol is the blockchain for AI.
USDE→
NEARMULTIPLIER▼ 1.11xGAP$487.29M
FOR CONTEXT
$4.44B compared to the world
About this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and NEAR Protocol (NEAR). With Ethena USDe currently at $0.9992 per coin and a market cap of $4.93B, and NEAR Protocol at $3.39 with a market cap of $4.44B, applying NEAR Protocol's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.9004 — a 0.90x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
NEAR Protocol: NEAR Protocol is the blockchain for AI.
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 NEAR Protocol's market cap, what would the price be?
If Ethena USDe (USDE) had NEAR Protocol's (NEAR) current market cap of $4.44B, each USDE would be worth approximately $0.9004 based on the circulating supply of 4,933,965,105 USDE. That is 0.90x the current USDE price of $0.9992.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $4.93B, ranking #20 by market capitalization. Each USDE trades at $0.9992.
What is the current market cap of NEAR Protocol?
NEAR Protocol (NEAR) currently has a market cap of $4.44B, ranking #23 by market capitalization. Each NEAR trades at $3.39.
How does USDE compare to NEAR?
Ethena USDe's market cap of $4.93B sits below NEAR Protocol's $4.44B. For USDE to reach NEAR's current valuation, the price would need to move 0.90x 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.