ACTIVE

ENA→

USDY

ENA WOULD BE$0.2233

MULTIPLIER▲ 1.01x

TARGET MCAP$2.26B

G.MARKETS/PAIR ANALYSIS·

ENA→

USDY· LIVE· as of 12:15 UTC

THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

ENA WOULD BE

$0.00000000

currently $0.2203 · target mcap $2.26B

#47 · ENA$0.2203▲ 6.4%

#46 · USDY$1.15▲ 0.0%

▲ 0.00x TO MATCHENA NEEDS A 1.01x MOVE TO MATCH USDY

REALITY CHECKAt ENA's current 24h rate of +6.36%, compounding daily would take ~1 days to reach USDY's market cap.

COIN PROFILES·ENA vs USDY

ENAUnverified

Ethena

SOURCE

PRICE$0.2203

24H CHANGE▲ 6.36%

MARKET CAP$2.22BFDV $3.31B · 33% supply locked

RANK#47

SUPPLY10.1B ENA

DOMINANCE0.07%

7d▲ 60.29%

USDYUnverified

Ondo US Dollar Yield

TARGET

PRICE$1.15

24H CHANGE▲ 0.03%

MARKET CAP$2.26BFDV $2.26B · Fully circulating

RANK#46

SUPPLY2.0B USDY

DOMINANCE0.08%

7d▼ 0.59%

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

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

ENA$2.22B

USDY$2.26B

THE CLIMB

ENA→

USDYMULTIPLIER▲ 1.01xGAP$30.94M

SOURCEENA$2.22B

TARGETUSDY$2.26B

log scale · mcap in USDSep 21, 2026

ENAEthena

$2.22BSOURCE

USDYOndo US Dollar Yield

$2.26BTARGET

mcap in USDSep 21, 2026

BAG SCENARIOS·IF ENA HIT USDY MCAP·TARGET $0.2234

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 ENA$22.03$22.34+$0.3143

Coffee money1K ENA$220.26$223.40+$3.14

Small bag10K ENA$2,202.59$2,234.02+$31.43

Real bag100K ENA$22,025.90$22,340.22+$314.32

Whale bag1M ENA$220,259.00$223,402.23+$3,143.23

Generational10M ENA$2,202,590.00$2,234,022.32+$31,432.32

FOR CONTEXT

$2.26B compared to the world

NikeNKE

$130.00B

USDY mcap is 1.7% of Nike

StarbucksSBUX

$100.00B

USDY mcap is 2.3% of Starbucks

SpotifySPOT

$90.00B

USDY mcap is 2.5% of Spotify

RobloxRBLX

$30.00B

USDY mcap is 7.5% of Roblox

RedditRDDT

$25.00B

USDY mcap is 9.0% of Reddit

SnapchatSNAP

$20.00B

USDY mcap is 11.3% of Snapchat

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Ethena (ENA) and Ondo US Dollar Yield (USDY). With Ethena currently at $0.2203 per coin and a market cap of $2.22B, and Ondo US Dollar Yield at $1.15 with a market cap of $2.26B, applying Ondo US Dollar Yield's market cap to Ethena's circulating supply produces a hypothetical ENA price of $0.2234 — a 1.01x move from current.

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 Ondo US Dollar Yield's market cap, what would the price be?

If Ethena (ENA) had Ondo US Dollar Yield's (USDY) current market cap of $2.26B, each ENA would be worth approximately $0.2234 based on the circulating supply of 10,095,312,500 ENA. That is 1.01x the current ENA price of $0.2203.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $2.22B, ranking #47 by market capitalization. Each ENA trades at $0.2203.

What is the current market cap of Ondo US Dollar Yield?

Ondo US Dollar Yield (USDY) currently has a market cap of $2.26B, ranking #46 by market capitalization. Each USDY trades at $1.15.

How does ENA compare to USDY?

Ethena's market cap of $2.22B sits slightly above Ondo US Dollar Yield's $2.26B. For ENA to reach USDY'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.

If ENA▾ had USDY▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

More comparisons

If had 's mcap →