ACTIVE

USDE→

USD1

USDE WOULD BE$0.9012

MULTIPLIER▼ 0.90x

TARGET MCAP$4.43B

G.MARKETS/PAIR ANALYSIS·

USDE→

USD1· LIVE· as of 03:20 UTC

THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDE WOULD BE

$0.00000000

currently $0.9996 · target mcap $4.43B

#27 · USDE$0.9996▼ 0.0%

#31 · USD1$0.9997▲ 0.0%

▼ 0.00x TO MATCHUSDE WOULD FALL TO 0.90x OF TODAY AT USD1'S VALUATION

COIN PROFILES·USDE vs USD1

USDEUnverified

Ethena USDe

SOURCE

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

PRICE$0.9996

24H CHANGE▼ 0.01%

MARKET CAP$4.91BFDV $4.91B · Fully circulating

RANK#27

SUPPLY4.9B USDE

DOMINANCE0.16%

7d▼ 0.01%

USD1Unverified

USD1

TARGET

PRICE$0.9997

24H CHANGE▲ 0.02%

MARKET CAP$4.43BFDV $4.43B · Fully circulating

RANK#31

SUPPLY4.4B USD1

DOMINANCE0.15%

7d▲ 0.01%

PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

USDE$4.91B

USD1$4.43B

THE CLIMB

USDE→

USD1MULTIPLIER▼ 1.11xGAP$482.89M

SOURCEUSDE$4.91B

TARGETUSD1$4.43B

HBAR$4.56B

DAI$4.60B

AVAX$4.86B

log scale · mcap in USDOct 5, 2026

USDEEthena USDe

$4.91BSOURCE

HBAR

$4.56B

DAI

$4.60B

AVAX

$4.86B

USD1USD1

$4.43BTARGET

mcap in USDOct 5, 2026

BAG SCENARIOS·IF USDE HIT USD1 MCAP·TARGET $0.9012

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 USDE$99.96$90.12−$9.83

Coffee money1K USDE$999.56$901.23−$98.33

Small bag10K USDE$9,995.63$9,012.33−$983.30

Real bag100K USDE$99,956.30$90,123.29−$9,833.01

Whale bag1M USDE$999,563.00$901,232.91−$98,330.09

Generational10M USDE$9,995,630.00$9,012,329.13−$983,300.87

FOR CONTEXT

$4.43B compared to the world

NikeNKE

$130.00B

USD1 mcap is 3.4% of Nike

StarbucksSBUX

$100.00B

USD1 mcap is 4.4% of Starbucks

SpotifySPOT

$90.00B

USD1 mcap is 4.9% of Spotify

RobloxRBLX

$30.00B

USD1 mcap is 14.8% of Roblox

RedditRDDT

$25.00B

USD1 mcap is 17.7% of Reddit

SnapchatSNAP

$20.00B

USD1 mcap is 22.1% of Snapchat

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Ethena USDe (USDE) and USD1 (USD1). With Ethena USDe currently at $0.9996 per coin and a market cap of $4.91B, and USD1 at $0.9997 with a market cap of $4.43B, applying USD1's market cap to Ethena USDe's circulating supply produces a hypothetical USDE price of $0.9012 — a 0.90x 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 USD1's market cap, what would the price be?

If Ethena USDe (USDE) had USD1's (USD1) current market cap of $4.43B, each USDE would be worth approximately $0.9012 based on the circulating supply of 4,911,141,052 USDE. That is 0.90x the current USDE price of $0.9996.

What is the current market cap of Ethena USDe?

Ethena USDe (USDE) currently has a market cap of $4.91B, ranking #27 by market capitalization. Each USDE trades at $0.9996.

What is the current market cap of USD1?

USD1 (USD1) currently has a market cap of $4.43B, ranking #31 by market capitalization. Each USD1 trades at $0.9997.

How does USDE compare to USD1?

Ethena USDe's market cap of $4.91B sits below USD1's $4.43B. For USDE to reach USD1's current valuation, the price would need to move 0.90x 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.

If USDE▾ had USD1▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

More comparisons

If had 's mcap →