USDE→
XAUTIf had 's mcap →
#26 · USDE
#35 · XAUT
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Each XAU₮ token represents ownership of one troy fine ounce of physical gold on a specific gold bar.
USDE→
XAUTMULTIPLIER▼ 1.49xGAP$1.63B
FOR CONTEXT
$3.35B compared to the world
About this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Tether Gold (XAUT). With Ethena USDe currently at $0.9994 per coin and a market cap of $4.97B, and Tether Gold at $4,137.85 with a market cap of $3.35B, applying Tether Gold's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.6725 — a 0.67x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Tether Gold: Each XAU₮ token represents ownership of one troy fine ounce of physical gold on a specific gold bar.
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 Tether Gold's market cap, what would the price be?
If Ethena USDe (USDE) had Tether Gold's (XAUT) current market cap of $3.35B, each USDE would be worth approximately $0.6725 based on the circulating supply of 4,977,729,660 USDE. That is 0.67x 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 $4.97B, ranking #26 by market capitalization. Each USDE trades at $0.9994.
What is the current market cap of Tether Gold?
Tether Gold (XAUT) currently has a market cap of $3.35B, ranking #35 by market capitalization. Each XAUT trades at $4,137.85.
How does USDE compare to XAUT?
Ethena USDe's market cap of $4.97B sits below Tether Gold's $3.35B. For USDE to reach XAUT's current valuation, the price would need to move 0.67x 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.