LIVE
BTC$79,619.00 0.36%ETH$2,496.60 0.22%USDT$0.9999 0.02%BNB$745.91 2.20%XRP$1.41 0.91%USDC$0.9999 0.01%SOL$105.11 0.77%TRX$0.3360 0.83%FIGR_HELOC$1.06 0.00%ZEC$1,192.07 10.95%HYPE$86.19 0.10%DOGE$0.0896 1.09%RAIN$0.0167 2.59%XMR$533.29 3.71%USDS$0.9998 0.01%LINK$13.08 7.75%WBT$73.43 0.35%LEO$9.25 0.86%ADA$0.2189 0.82%XLM$0.1910 2.65%BCH$256.17 1.41%DAI$0.9999 0.01%USDE$0.9997 0.02%CC$0.1099 0.56%UNI$6.96 1.95%USD1$0.9996 0.01%LTC$54.29 0.01%GRAM$1.42 0.10%HBAR$0.0808 0.62%AVAX$7.80 2.03%BTC$79,619.00 0.36%ETH$2,496.60 0.22%USDT$0.9999 0.02%BNB$745.91 2.20%XRP$1.41 0.91%USDC$0.9999 0.01%SOL$105.11 0.77%TRX$0.3360 0.83%FIGR_HELOC$1.06 0.00%ZEC$1,192.07 10.95%HYPE$86.19 0.10%DOGE$0.0896 1.09%RAIN$0.0167 2.59%XMR$533.29 3.71%USDS$0.9998 0.01%LINK$13.08 7.75%WBT$73.43 0.35%LEO$9.25 0.86%ADA$0.2189 0.82%XLM$0.1910 2.65%BCH$256.17 1.41%DAI$0.9999 0.01%USDE$0.9997 0.02%CC$0.1099 0.56%UNI$6.96 1.95%USD1$0.9996 0.01%LTC$54.29 0.01%GRAM$1.42 0.10%HBAR$0.0808 0.62%AVAX$7.80 2.03%
G.MARKETS/PAIR ANALYSIS·Ethena logoENAMorpho logoMORPHO· LIVE· as of 04:37 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap

ENA WOULD BE
$0.00000000
currently $0.1750 · target mcap $1.78B
0.00x TO MATCHENA NEEDS A 1.01x MOVE TO MATCH MORPHO
COIN PROFILES·ENA vs MORPHO
Ethena logo
Ethena
SOURCE
PRICE$0.1750
24H CHANGE 0.27%
MARKET CAP$1.77BFDV $2.62B · 33% supply locked
RANK#51
SUPPLY10.1B ENA
DOMINANCE0.06%
7d 16.42%
VS
Morpho logo
Morpho
TARGET

Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets.

PRICE$2.59
24H CHANGE 0.17%
MARKET CAP$1.78BFDV $2.58B · 31% supply locked
RANK#50
SUPPLY688.7M MORPHO
DOMINANCE0.06%
7d 4.32%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.01x bigger
ENA$1.77B
MORPHO$1.78B
THE CLIMBEthena logoENAMorpho logoMORPHOMULTIPLIER 1.01xGAP$12.59M
Ethena logo
SOURCEENA$1.77B
Morpho logo
TARGETMORPHO$1.78B
log scale · mcap in USDSep 7, 2026
Ethena logo
ENAEthena
$1.77BSOURCE
Morpho logo
MORPHOMorpho
$1.78BTARGET
mcap in USDSep 7, 2026
BAG SCENARIOS·IF ENA HIT MORPHO MCAP·TARGET $0.1762
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 ENA$17.50$17.62+$0.1161
Coffee money1K ENA$175.03$176.19+$1.16
Small bag10K ENA$1,750.26$1,761.87+$11.61
Real bag100K ENA$17,502.60$17,618.65+$116.05
Whale bag1M ENA$175,026.00$176,186.52+$1,160.52
Generational10M ENA$1,750,260.00$1,761,865.17+$11,605.17
$1.78B compared to the world
NikeNKE
$130.00B
MORPHO mcap is 1.4% of Nike
StarbucksSBUX
$100.00B
MORPHO mcap is 1.8% of Starbucks
SpotifySPOT
$90.00B
MORPHO mcap is 2.0% of Spotify
RobloxRBLX
$30.00B
MORPHO mcap is 5.9% of Roblox
RedditRDDT
$25.00B
MORPHO mcap is 7.1% of Reddit
SnapchatSNAP
$20.00B
MORPHO mcap is 8.9% of Snapchat

About this comparison

This page compares the market capitalizations of Ethena (ENA) and Morpho (MORPHO). With Ethena currently at $0.1750 per coin and a market cap of $1.77B, and Morpho at $2.59 with a market cap of $1.78B, applying Morpho's market cap to Ethena's circulating supply produces a hypothetical ENA price of $0.1762 — a 1.01x move from current.

Morpho: Morpho is an open, efficient, and resilient platform that allows anyone to earn yield and borrow assets.

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

If Ethena (ENA) had Morpho's (MORPHO) current market cap of $1.78B, each ENA would be worth approximately $0.1762 based on the circulating supply of 10,095,312,500 ENA. That is 1.01x the current ENA price of $0.1750.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $1.77B, ranking #51 by market capitalization. Each ENA trades at $0.1750.

What is the current market cap of Morpho?

Morpho (MORPHO) currently has a market cap of $1.78B, ranking #50 by market capitalization. Each MORPHO trades at $2.59.

How does ENA compare to MORPHO?

Ethena's market cap of $1.77B sits slightly above Morpho's $1.78B. For ENA to reach MORPHO's current valuation, the price would need to move 1.01x 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.