LIVE
BTC$82,891.00▼ 4.27%ETH$2,559.12▼ 5.92%USDT$0.9997▼ 0.02%BNB$765.25▼ 2.62%XRP$1.42▼ 6.37%USDC$0.9998▼ 0.01%SOL$115.73▼ 5.05%TRX$0.3344▼ 0.38%FIGR_HELOC$1.04▼ 0.26%ZEC$1,315.45▼ 4.49%HYPE$88.16▼ 5.18%DOGE$0.0881▼ 8.48%XMR$549.06▼ 2.49%USDS$0.9993▼ 0.06%LINK$13.34▼ 5.23%WBT$82.53▼ 4.52%ADA$0.2524▼ 8.33%LEO$8.88▼ 0.12%RAIN$0.0109▼ 3.53%XLM$0.2000▼ 7.55%NEAR$5.02▼ 2.24%BCH$299.64▼ 5.28%LTC$65.87▼ 5.97%USDE$0.9995▼ 0.02%AVAX$11.17▼ 3.72%UNI$7.79▼ 11.77%CC$0.1181▼ 8.29%SUI$1.12▼ 6.89%DAI$0.9997▼ 0.04%USD1$0.9992▼ 0.04%BTC$82,891.00▼ 4.27%ETH$2,559.12▼ 5.92%USDT$0.9997▼ 0.02%BNB$765.25▼ 2.62%XRP$1.42▼ 6.37%USDC$0.9998▼ 0.01%SOL$115.73▼ 5.05%TRX$0.3344▼ 0.38%FIGR_HELOC$1.04▼ 0.26%ZEC$1,315.45▼ 4.49%HYPE$88.16▼ 5.18%DOGE$0.0881▼ 8.48%XMR$549.06▼ 2.49%USDS$0.9993▼ 0.06%LINK$13.34▼ 5.23%WBT$82.53▼ 4.52%ADA$0.2524▼ 8.33%LEO$8.88▼ 0.12%RAIN$0.0109▼ 3.53%XLM$0.2000▼ 7.55%NEAR$5.02▼ 2.24%BCH$299.64▼ 5.28%LTC$65.87▼ 5.97%USDE$0.9995▼ 0.02%AVAX$11.17▼ 3.72%UNI$7.79▼ 11.77%CC$0.1181▼ 8.29%SUI$1.12▼ 6.89%DAI$0.9997▼ 0.04%USD1$0.9992▼ 0.04%
G.MARKETS/PAIR ANALYSIS·Ethena logoENA→USDC logoUSDC· LIVE· as of 15:04 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

ENA WOULD BE
$0.00000000
currently $0.2272 · target mcap $74.08B
▲ 0.00x TO MATCHENA NEEDS A 24.3x MOVE TO MATCH USDC
COIN PROFILES·ENA vs USDC
Ethena logo
Ethena
SOURCE
PRICE$0.2272
24H CHANGE▼ 5.11%
MARKET CAP$3.05BFDV $3.41B · 11% supply locked
RANK#40
SUPPLY13.4B ENA
DOMINANCE0.10%
7d▼ 12.07%
VS
USDC logo
USDCVerified by G.MARKETS
USDC
TARGET

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9998
24H CHANGE▼ 0.01%
MARKET CAP$74.08BFDV $74.08B · Fully circulating
RANK#6
SUPPLY74.1B USDC
DOMINANCE2.47%
7d▲ 0.01%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
24.3x bigger
ENA$3.05B
USDC$74.08B
THE CLIMBEthena logoENA→USDC logoUSDCMULTIPLIER▲ 24.3xGAP$71.04B
$10.00B
Ethena logo
SOURCEENA$3.05B
USDC logo
TARGETUSDC$74.08B
Cronos logo
CRO$3.09B
Bittensor logo
TAO$3.25B
Quant logo
QNT$3.48B
Hedera logo
HBAR$4.06B
Sui logo
SUI$4.59B
Avalanche logo
AVAX$4.95B
Bitcoin Cash logo
BCH$6.02B
Stellar logo
XLM$7.01B
Cardano logo
ADA$9.48B
USDS logo
USDS$10.21B
Hyperliquid logo
HYPE$19.61B
Figure Heloc logo
FIGR_HELOC$24.39B
log scale · mcap in USDOct 7, 2026
Ethena logo
ENAEthena
$3.05BSOURCE
Cronos logo
CRO
$3.09B
Bittensor logo
TAO
$3.25B
Quant logo
QNT
$3.48B
Hedera logo
HBAR
$4.06B
Sui logo
SUI
$4.59B
Avalanche logo
AVAX
$4.95B
Bitcoin Cash logo
BCH
$6.02B
Stellar logo
XLM
$7.01B
Cardano logo
ADA
$9.48B
USDS logo
USDS
$10.21B
Hyperliquid logo
HYPE
$19.61B
Figure Heloc logo
FIGR_HELOC
$24.39B
USDC logo
USDCUSDC
$74.08BTARGET
mcap in USDOct 7, 2026
BAG SCENARIOS·IF ENA HIT USDC MCAP·TARGET $5.53
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 ENA$22.72$552.60+$529.87
Coffee money1K ENA$227.25$5,525.99+$5,298.74
Small bag10K ENA$2,272.46$55,259.88+$52,987.42
Real bag100K ENA$22,724.60$552,598.84+$529,874.24
Whale bag1M ENA$227,246.00$5,525,988.40+$5,298,742.40
Generational10M ENA$2,272,460.00$55,259,883.99+$52,987,423.99
$74.08B compared to the world
UberUBER
$160.00B
USDC mcap is 46.3% of Uber
NikeNKE
$130.00B
USDC mcap is 57.0% of Nike
StarbucksSBUX
$100.00B
USDC mcap is 74.1% of Starbucks
SpotifySPOT
$90.00B
USDC mcap is 82.3% of Spotify
RobloxRBLX
$30.00B
USDC mcap is 2.47× Roblox
RedditRDDT
$25.00B
USDC mcap is 2.96× Reddit

About this comparison

This page compares the market capitalizations of Ethena (ENA) and USDC (USDC). With Ethena currently at $0.2272 per coin and a market cap of $3.05B, and USDC at $0.9998 with a market cap of $74.08B, applying USDC's market cap to Ethena's circulating supply produces a hypothetical ENA price of $5.53 — a 24.3x move from current.

USDC: USDC is a fully collateralized US dollar stablecoin.

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

If Ethena (ENA) had USDC's (USDC) current market cap of $74.08B, each ENA would be worth approximately $5.53 based on the circulating supply of 13,406,250,000 ENA. That is 24.3x the current ENA price of $0.2272.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $3.05B, ranking #40 by market capitalization. Each ENA trades at $0.2272.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $74.08B, ranking #6 by market capitalization. Each USDC trades at $0.9998.

How does ENA compare to USDC?

Ethena's market cap of $3.05B sits well above USDC's $74.08B. For ENA to reach USDC's current valuation, the price would need to move 24.3x 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.