USDE→
ONDOIf had 's mcap →
#25 · USDE
#40 · ONDO
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
The Ondo Foundation was founded in 2022 as an independently governed and nonprofit Cayman Islands Foundation Company with no beneficial owners.
USDE→
ONDOMULTIPLIER▼ 1.89xGAP$2.30B
FOR CONTEXT
$2.60B compared to the world
About this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Ondo (ONDO). With Ethena USDe currently at $0.9998 per coin and a market cap of $4.90B, and Ondo at $0.5340 with a market cap of $2.60B, applying Ondo's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.5302 — a 0.53x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Ondo: The Ondo Foundation was founded in 2022 as an independently governed and nonprofit Cayman Islands Foundation Company with no beneficial owners.
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 Ondo's market cap, what would the price be?
If Ethena USDe (USDE) had Ondo's (ONDO) current market cap of $2.60B, each USDE would be worth approximately $0.5302 based on the circulating supply of 4,899,344,767 USDE. That is 0.53x the current USDE price of $0.9998.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $4.90B, ranking #25 by market capitalization. Each USDE trades at $0.9998.
What is the current market cap of Ondo?
Ondo (ONDO) currently has a market cap of $2.60B, ranking #40 by market capitalization. Each ONDO trades at $0.5340.
How does USDE compare to ONDO?
Ethena USDe's market cap of $4.90B sits below Ondo's $2.60B. For USDE to reach ONDO's current valuation, the price would need to move 0.53x 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.