ACTIVE

USDG→

ENA

USDG WOULD BE$0.8270

MULTIPLIER▼ 0.83x

TARGET MCAP$2.68B

G.MARKETS/PAIR ANALYSIS·

USDG→

ENA· LIVE· as of 01:18 UTC

THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDG WOULD BE

$0.00000000

currently $1.00 · target mcap $2.68B

#37 · USDG$1.00▲ 0.0%

#40 · ENA$0.2658▲ 14.5%

▼ 0.00x TO MATCHUSDG WOULD FALL TO 0.83x OF TODAY AT ENA'S VALUATION

COIN PROFILES·USDG vs ENA

USDGUnverified

Global Dollar

SOURCE

Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar.

PRICE$1.00

24H CHANGE▲ 0.00%

MARKET CAP$3.25BFDV $3.24B · Fully circulating

RANK#37

SUPPLY3.2B USDG

DOMINANCE0.11%

7d▲ 0.00%

ENAUnverified

Ethena

TARGET

PRICE$0.2658

24H CHANGE▲ 14.47%

MARKET CAP$2.68BFDV $3.99B · 33% supply locked

RANK#40

SUPPLY10.1B ENA

DOMINANCE0.09%

7d▲ 53.35%

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

SCALE·AREA = MARKET CAP

MARKET CAParea = proportional cap

USDG$3.25B

ENA$2.68B

THE CLIMB

USDG→

ENAMULTIPLIER▼ 1.21xGAP$561.40M

SOURCEUSDG$3.25B

TARGETENA$2.68B

M$2.74B

PYUSD$2.79B

log scale · mcap in USDSep 26, 2026

USDGGlobal Dollar

$3.25BSOURCE

$2.74B

PYUSD

$2.79B

ENAEthena

$2.68BTARGET

mcap in USDSep 26, 2026

BAG SCENARIOS·IF USDG HIT ENA MCAP·TARGET $0.8270

SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN

$10 starter100 USDG$100.00$82.70−$17.30

Coffee money1K USDG$1,000.00$827.00−$173.00

Small bag10K USDG$10,000.00$8,269.96−$1,730.04

Real bag100K USDG$100,000.00$82,699.56−$17,300.44

Whale bag1M USDG$1,000,000.00$826,995.64−$173,004.36

Generational10M USDG$10,000,000.00$8,269,956.39−$1,730,043.61

FOR CONTEXT

$2.68B compared to the world

NikeNKE

$130.00B

ENA mcap is 2.1% of Nike

StarbucksSBUX

$100.00B

ENA mcap is 2.7% of Starbucks

SpotifySPOT

$90.00B

ENA mcap is 3.0% of Spotify

RobloxRBLX

$30.00B

ENA mcap is 8.9% of Roblox

RedditRDDT

$25.00B

ENA mcap is 10.7% of Reddit

SnapchatSNAP

$20.00B

ENA mcap is 13.4% of Snapchat

RELATED COMPARISONS·OTHER WAYS TO ASK

About this comparison

This page compares the market capitalizations of Global Dollar (USDG) and Ethena (ENA). With Global Dollar currently at $1.00 per coin and a market cap of $3.25B, and Ethena at $0.2658 with a market cap of $2.68B, applying Ethena's market cap to Global Dollar's circulating supply produces a hypothetical USDG price of $0.8270 — a 0.83x move from current.

Global Dollar: Global Dollar (USDG) is a single-currency stablecoin pegged to the US dollar.

All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.

Frequently asked

If Global Dollar had Ethena's market cap, what would the price be?

If Global Dollar (USDG) had Ethena's (ENA) current market cap of $2.68B, each USDG would be worth approximately $0.8270 based on the circulating supply of 3,245,247,890 USDG. That is 0.83x the current USDG price of $1.00.

What is the current market cap of Global Dollar?

Global Dollar (USDG) currently has a market cap of $3.25B, ranking #37 by market capitalization. Each USDG trades at $1.00.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $2.68B, ranking #40 by market capitalization. Each ENA trades at $0.2658.

How does USDG compare to ENA?

Global Dollar's market cap of $3.25B sits below Ethena's $2.68B. For USDG to reach ENA's current valuation, the price would need to move 0.83x 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 Global Dollar'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 USDG▾ had ENA▾'s mcap →

FOR CONTEXT

About this comparison

Frequently asked

More comparisons

If had 's mcap →