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Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
FOR CONTEXT
$3.00B compared to the worldAbout this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Pump.fun (PUMP). With Ethena USDe currently at $0.9997 per coin and a market cap of $4.91B, and Pump.fun at $0.006448 with a market cap of $3.00B, applying Pump.fun's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.6104 — a 0.61x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
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 Pump.fun's market cap, what would the price be?
If Ethena USDe (USDE) had Pump.fun's (PUMP) current market cap of $3.00B, each USDE would be worth approximately $0.6104 based on the circulating supply of 4,906,994,173 USDE. That is 0.61x the current USDE price of $0.9997.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $4.91B, ranking #28 by market capitalization. Each USDE trades at $0.9997.
What is the current market cap of Pump.fun?
Pump.fun (PUMP) currently has a market cap of $3.00B, ranking #40 by market capitalization. Each PUMP trades at $0.006448.
How does USDE compare to PUMP?
Ethena USDe's market cap of $4.91B sits below Pump.fun's $3.00B. For USDE to reach PUMP's current valuation, the price would need to move 0.61x 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.