LIVE
BTC$72,603.00▼ 1.58%ETH$2,013.41▼ 1.95%USDT$0.9990▼ 0.02%BNB$656.80▼ 3.62%USDC$0.9995▼ 0.01%XRP$1.04▼ 2.24%SOL$81.63▼ 3.28%TRX$0.3157▼ 0.44%FIGR_HELOC$1.07▲ 2.77%HYPE$70.62▼ 3.23%ZEC$967.61▼ 2.33%DOGE$0.0658▼ 3.58%XMR$544.25▼ 6.62%USDS$0.9997▼ 0.02%LEO$9.21▼ 0.92%WBT$69.92▼ 1.62%LINK$9.93▼ 4.13%ADA$0.1709▼ 3.41%XLM$0.1446▼ 3.08%USDE$0.9991▼ 0.02%BCH$225.73▼ 2.14%DAI$0.9998▼ 0.01%NEAR$3.39▼ 9.80%LTC$49.00▼ 4.25%AVAX$8.34▼ 2.50%UNI$6.08▼ 6.45%CC$0.0893▼ 2.97%GRAM$1.25▼ 0.35%SUI$0.7968▼ 4.33%USD1$0.9983▲ 0.02%BTC$72,603.00▼ 1.58%ETH$2,013.41▼ 1.95%USDT$0.9990▼ 0.02%BNB$656.80▼ 3.62%USDC$0.9995▼ 0.01%XRP$1.04▼ 2.24%SOL$81.63▼ 3.28%TRX$0.3157▼ 0.44%FIGR_HELOC$1.07▲ 2.77%HYPE$70.62▼ 3.23%ZEC$967.61▼ 2.33%DOGE$0.0658▼ 3.58%XMR$544.25▼ 6.62%USDS$0.9997▼ 0.02%LEO$9.21▼ 0.92%WBT$69.92▼ 1.62%LINK$9.93▼ 4.13%ADA$0.1709▼ 3.41%XLM$0.1446▼ 3.08%USDE$0.9991▼ 0.02%BCH$225.73▼ 2.14%DAI$0.9998▼ 0.01%NEAR$3.39▼ 9.80%LTC$49.00▼ 4.25%AVAX$8.34▼ 2.50%UNI$6.08▼ 6.45%CC$0.0893▼ 2.97%GRAM$1.25▼ 0.35%SUI$0.7968▼ 4.33%USD1$0.9983▲ 0.02%
G.MARKETS/PAIR ANALYSIS·Ethena logoENA→Circle USYC logoUSYC· LIVE· as of 13:48 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

ENA WOULD BE
$0.00000000
currently $0.1398 · target mcap $2.10B
▲ 0.00x TO MATCHENA NEEDS A 1.11x MOVE TO MATCH USYC
COIN PROFILES·ENA vs USYC
Ethena logo
Ethena
SOURCE
PRICE$0.1398
24H CHANGE▼ 8.50%
MARKET CAP$1.89BFDV $2.10B · 10% supply locked
RANK#45
SUPPLY13.5B ENA
DOMINANCE0.06%
7d▼ 21.11%
VS
Circle USYC logo
Circle USYC
TARGET

USYC: Tokenized Money Market Fund

PRICE$1.14
24H CHANGE▲ 0.00%
MARKET CAP$2.10BFDV $2.10B · Fully circulating
RANK#42
SUPPLY1.8B USYC
DOMINANCE0.07%
7d▲ 0.07%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.11x bigger
ENA$1.89B
USYC$2.10B
THE CLIMBEthena logoENA→Circle USYC logoUSYCMULTIPLIER▲ 1.11xGAP$213.26M
Ethena logo
SOURCEENA$1.89B
Circle USYC logo
TARGETUSYC$2.10B
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO$1.95B
OKB logo
OKB$2.04B
log scale · mcap in USDNov 12, 2026
Ethena logo
ENAEthena
$1.89BSOURCE
Spiko Amundi Overnight Swap Fund (EUR) logo
EURSAFO
$1.95B
OKB logo
OKB
$2.04B
Circle USYC logo
USYCCircle USYC
$2.10BTARGET
mcap in USDNov 12, 2026
BAG SCENARIOS·IF ENA HIT USYC MCAP·TARGET $0.1556
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 ENA$13.98$15.56+$1.58
Coffee money1K ENA$139.79$155.61+$15.83
Small bag10K ENA$1,397.87$1,556.13+$158.26
Real bag100K ENA$13,978.70$15,561.28+$1,582.58
Whale bag1M ENA$139,787.00$155,612.82+$15,825.82
Generational10M ENA$1,397,870.00$1,556,128.19+$158,258.19
$2.10B compared to the world
NikeNKE
$130.00B
USYC mcap is 1.6% of Nike
StarbucksSBUX
$100.00B
USYC mcap is 2.1% of Starbucks
SpotifySPOT
$90.00B
USYC mcap is 2.3% of Spotify
RobloxRBLX
$30.00B
USYC mcap is 7.0% of Roblox
RedditRDDT
$25.00B
USYC mcap is 8.4% of Reddit
SnapchatSNAP
$20.00B
USYC mcap is 10.5% of Snapchat

About this comparison

This page compares the market capitalizations of Ethena (ENA) and Circle USYC (USYC). With Ethena currently at $0.1398 per coin and a market cap of $1.89B, and Circle USYC at $1.14 with a market cap of $2.10B, applying Circle USYC's market cap to Ethena's circulating supply produces a hypothetical ENA price of $0.1556 — a 1.11x move from current.

Circle USYC: USYC: Tokenized Money Market Fund

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 had Circle USYC's market cap, what would the price be?

If Ethena (ENA) had Circle USYC's (USYC) current market cap of $2.10B, each ENA would be worth approximately $0.1556 based on the circulating supply of 13,500,000,000 ENA. That is 1.11x the current ENA price of $0.1398.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $1.89B, ranking #45 by market capitalization. Each ENA trades at $0.1398.

What is the current market cap of Circle USYC?

Circle USYC (USYC) currently has a market cap of $2.10B, ranking #42 by market capitalization. Each USYC trades at $1.14.

How does ENA compare to USYC?

Ethena's market cap of $1.89B sits slightly above Circle USYC's $2.10B. For ENA to reach USYC's current valuation, the price would need to move 1.11x 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'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.