LIVE
BTC$79,964.00▼ 1.07%ETH$2,311.80▼ 1.64%USDT$0.9989▲ 0.02%BNB$753.43▲ 1.26%XRP$1.29▼ 2.47%USDC$0.9994▲ 0.01%SOL$99.99▼ 1.92%TRX$0.3308▼ 0.12%FIGR_HELOC$1.03▲ 0.08%ZEC$1,246.23▼ 4.76%HYPE$79.02▼ 3.02%DOGE$0.0782▼ 1.90%XMR$589.08▼ 4.60%USDS$0.9997▼ 0.00%WBT$76.68▼ 1.27%LINK$11.45▼ 2.47%LEO$9.46▲ 2.28%ADA$0.1984▼ 3.89%XLM$0.1680▼ 1.90%NEAR$4.46▼ 5.21%BCH$279.68▼ 6.50%DAI$0.9997▼ 0.03%USDE$0.9994▲ 0.01%RAIN$0.006284▼ 11.07%LTC$57.36▼ 0.25%UNI$7.04▼ 1.92%USD1$0.9988▼ 0.01%AVAX$8.71▼ 3.34%CC$0.0961▼ 2.70%SUI$0.9119▼ 2.65%BTC$79,964.00▼ 1.07%ETH$2,311.80▼ 1.64%USDT$0.9989▲ 0.02%BNB$753.43▲ 1.26%XRP$1.29▼ 2.47%USDC$0.9994▲ 0.01%SOL$99.99▼ 1.92%TRX$0.3308▼ 0.12%FIGR_HELOC$1.03▲ 0.08%ZEC$1,246.23▼ 4.76%HYPE$79.02▼ 3.02%DOGE$0.0782▼ 1.90%XMR$589.08▼ 4.60%USDS$0.9997▼ 0.00%WBT$76.68▼ 1.27%LINK$11.45▼ 2.47%LEO$9.46▲ 2.28%ADA$0.1984▼ 3.89%XLM$0.1680▼ 1.90%NEAR$4.46▼ 5.21%BCH$279.68▼ 6.50%DAI$0.9997▼ 0.03%USDE$0.9994▲ 0.01%RAIN$0.006284▼ 11.07%LTC$57.36▼ 0.25%UNI$7.04▼ 1.92%USD1$0.9988▼ 0.01%AVAX$8.71▼ 3.34%CC$0.0961▼ 2.70%SUI$0.9119▼ 2.65%
G.MARKETS/PAIR ANALYSIS·Ethena USDe logoUSDE→Rain logoRAIN· LIVE· as of 06:27 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDE WOULD BE
$0.00000000
currently $0.9994 · target mcap $4.46B
▼ 0.00x TO MATCHUSDE WOULD FALL TO 0.98x OF TODAY AT RAIN'S VALUATION
COIN PROFILES·USDE vs RAIN
Ethena USDe logo
Ethena USDe
SOURCE

Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

PRICE$0.9994
24H CHANGE▲ 0.01%
MARKET CAP$4.54BFDV $4.54B · Fully circulating
RANK#23
SUPPLY4.5B USDE
DOMINANCE0.15%
7d▼ 0.03%
VS
Rain logo
Rain
TARGET

Rain is a decentralized options protocol built on Arbitrum.

PRICE$0.006284
24H CHANGE▼ 11.07%
MARKET CAP$4.46BFDV $7.17B · 38% supply locked
RANK#24
SUPPLY710.8B RAIN
DOMINANCE0.15%
7d▼ 29.29%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
98.4% the size
USDE$4.54B
RAIN$4.46B
THE CLIMBEthena USDe logoUSDE→Rain logoRAINMULTIPLIER▼ 1.02xGAP$73.97M
Ethena USDe logo
SOURCEUSDE$4.54B
Rain logo
TARGETRAIN$4.46B
log scale · mcap in USDOct 29, 2026
Ethena USDe logo
USDEEthena USDe
$4.54BSOURCE
Rain logo
RAINRain
$4.46BTARGET
mcap in USDOct 29, 2026
BAG SCENARIOS·IF USDE HIT RAIN MCAP·TARGET $0.9831
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDE$99.94$98.31−$1.63
Coffee money1K USDE$999.37$983.11−$16.26
Small bag10K USDE$9,993.67$9,831.07−$162.60
Real bag100K USDE$99,936.70$98,310.65−$1,626.05
Whale bag1M USDE$999,367.00$983,106.53−$16,260.47
Generational10M USDE$9,993,670.00$9,831,065.29−$162,604.71
$4.46B compared to the world
NikeNKE
$130.00B
RAIN mcap is 3.4% of Nike
StarbucksSBUX
$100.00B
RAIN mcap is 4.5% of Starbucks
SpotifySPOT
$90.00B
RAIN mcap is 5.0% of Spotify
RobloxRBLX
$30.00B
RAIN mcap is 14.9% of Roblox
RedditRDDT
$25.00B
RAIN mcap is 17.9% of Reddit
SnapchatSNAP
$20.00B
RAIN mcap is 22.3% of Snapchat

About this comparison

This page compares the market capitalizations of Ethena USDe (USDE) and Rain (RAIN). With Ethena USDe currently at $0.9994 per coin and a market cap of $4.54B, and Rain at $0.006284 with a market cap of $4.46B, applying Rain's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.9831 — a 0.98x move from current.

Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate

Rain: Rain is a decentralized options protocol built on Arbitrum.

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 Rain's market cap, what would the price be?

If Ethena USDe (USDE) had Rain's (RAIN) current market cap of $4.46B, each USDE would be worth approximately $0.9831 based on the circulating supply of 4,539,943,819 USDE. That is 0.98x 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 $4.54B, ranking #23 by market capitalization. Each USDE trades at $0.9994.

What is the current market cap of Rain?

Rain (RAIN) currently has a market cap of $4.46B, ranking #24 by market capitalization. Each RAIN trades at $0.006284.

How does USDE compare to RAIN?

Ethena USDe's market cap of $4.54B sits below Rain's $4.46B. For USDE to reach RAIN's current valuation, the price would need to move 0.98x 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.