If had 's mcap →
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.
FOR CONTEXT
$4.09B compared to the worldAbout this comparison
This page compares the market capitalizations of Ethena USDe (USDE) and Gram (prev. Toncoin) (GRAM). With Ethena USDe currently at $0.9994 per coin and a market cap of $4.78B, and Gram (prev. Toncoin) at $1.45 with a market cap of $4.09B, applying Gram (prev. Toncoin)'s market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.8552 — a 0.86x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
Gram (prev. Toncoin): TON (The Open Network) is a general-purpose blockchain that allows developers to build decentralized apps and tokens.
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 Gram (prev. Toncoin)'s market cap, what would the price be?
If Ethena USDe (USDE) had Gram (prev. Toncoin)'s (GRAM) current market cap of $4.09B, each USDE would be worth approximately $0.8552 based on the circulating supply of 4,782,828,630 USDE. That is 0.86x 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 $4.78B, ranking #25 by market capitalization. Each USDE trades at $0.9994.
What is the current market cap of Gram (prev. Toncoin)?
Gram (prev. Toncoin) (GRAM) currently has a market cap of $4.09B, ranking #32 by market capitalization. Each GRAM trades at $1.45.
How does USDE compare to GRAM?
Ethena USDe's market cap of $4.78B sits below Gram (prev. Toncoin)'s $4.09B. For USDE to reach GRAM's current valuation, the price would need to move 0.86x 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.