LIVE
BTC$86,328.00▲ 1.82%ETH$2,724.88▲ 1.38%USDT$0.9999▲ 0.00%BNB$795.25▲ 0.86%XRP$1.52▲ 1.96%USDC$0.9999▼ 0.00%SOL$121.77▲ 1.57%TRX$0.3358▲ 0.15%FIGR_HELOC$1.07▲ 0.11%ZEC$1,351.72▲ 3.66%HYPE$90.33▲ 0.72%DOGE$0.0966▲ 3.84%LINK$14.22▲ 0.66%XMR$548.01▼ 1.77%WBT$85.86▲ 1.84%USDS$0.9999▲ 0.01%ADA$0.2629▲ 7.16%LEO$8.98▼ 0.11%RAIN$0.0112▼ 1.32%XLM$0.2232▲ 3.38%NEAR$4.95▲ 3.21%BCH$318.86▲ 0.73%UNI$9.02▼ 0.19%LTC$70.60▲ 1.10%CC$0.1287▲ 4.58%SUI$1.21▲ 2.66%AVAX$11.09▼ 0.18%USDE$0.9996▼ 0.00%DAI$1.0000▼ 0.01%HBAR$0.1038▲ 1.75%BTC$86,328.00▲ 1.82%ETH$2,724.88▲ 1.38%USDT$0.9999▲ 0.00%BNB$795.25▲ 0.86%XRP$1.52▲ 1.96%USDC$0.9999▼ 0.00%SOL$121.77▲ 1.57%TRX$0.3358▲ 0.15%FIGR_HELOC$1.07▲ 0.11%ZEC$1,351.72▲ 3.66%HYPE$90.33▲ 0.72%DOGE$0.0966▲ 3.84%LINK$14.22▲ 0.66%XMR$548.01▼ 1.77%WBT$85.86▲ 1.84%USDS$0.9999▲ 0.01%ADA$0.2629▲ 7.16%LEO$8.98▼ 0.11%RAIN$0.0112▼ 1.32%XLM$0.2232▲ 3.38%NEAR$4.95▲ 3.21%BCH$318.86▲ 0.73%UNI$9.02▼ 0.19%LTC$70.60▲ 1.10%CC$0.1287▲ 4.58%SUI$1.21▲ 2.66%AVAX$11.09▼ 0.18%USDE$0.9996▼ 0.00%DAI$1.0000▼ 0.01%HBAR$0.1038▲ 1.75%
G.MARKETS/PAIR ANALYSIS·Circle USYC logoUSYC→Ethena logoENA· LIVE· as of 22:39 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USYC WOULD BE
$0.00000000
currently $1.14 · target mcap $2.45B
▲ 0.00x TO MATCHUSYC NEEDS A 1.02x MOVE TO MATCH ENA
COIN PROFILES·USYC vs ENA
Circle USYC logo
Circle USYC
SOURCE

USYC: Tokenized Money Market Fund

PRICE$1.14
24H CHANGE▲ 0.00%
MARKET CAP$2.41BFDV $2.41B · Fully circulating
RANK#47
SUPPLY2.1B USYC
DOMINANCE0.08%
7d▲ 0.06%
VS
Ethena logo
Ethena
TARGET
PRICE$0.2422
24H CHANGE▲ 1.28%
MARKET CAP$2.45BFDV $3.64B · 33% supply locked
RANK#45
SUPPLY10.1B ENA
DOMINANCE0.08%
7d▼ 13.85%
PERFORMANCE·NORMALIZED % CHANGE·7D / 30D / 90D / 1Y
SCALE·AREA = MARKET CAP
MARKET CAParea = proportional cap
1.02x bigger
USYC$2.41B
ENA$2.45B
THE CLIMBCircle USYC logoUSYC→Ethena logoENAMULTIPLIER▲ 1.02xGAP$41.22M
Circle USYC logo
SOURCEUSYC$2.41B
Ethena logo
TARGETENA$2.45B
Ondo logo
ONDO$2.42B
log scale · mcap in USDOct 4, 2026
Circle USYC logo
USYCCircle USYC
$2.41BSOURCE
Ondo logo
ONDO
$2.42B
Ethena logo
ENAEthena
$2.45BTARGET
mcap in USDOct 4, 2026
BAG SCENARIOS·IF USYC HIT ENA MCAP·TARGET $1.16
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USYC$114.00$115.89+$1.89
Coffee money1K USYC$1,140.00$1,158.87+$18.87
Small bag10K USYC$11,400.00$11,588.73+$188.73
Real bag100K USYC$114,000.00$115,887.26+$1,887.26
Whale bag1M USYC$1,140,000.00$1,158,872.61+$18,872.61
Generational10M USYC$11,400,000.00$11,588,726.13+$188,726.13
$2.45B compared to the world
NikeNKE
$130.00B
ENA mcap is 1.9% of Nike
StarbucksSBUX
$100.00B
ENA mcap is 2.4% of Starbucks
SpotifySPOT
$90.00B
ENA mcap is 2.7% of Spotify
RobloxRBLX
$30.00B
ENA mcap is 8.2% of Roblox
RedditRDDT
$25.00B
ENA mcap is 9.8% of Reddit
SnapchatSNAP
$20.00B
ENA mcap is 12.2% of Snapchat

About this comparison

This page compares the market capitalizations of Circle USYC (USYC) and Ethena (ENA). With Circle USYC currently at $1.14 per coin and a market cap of $2.41B, and Ethena at $0.2422 with a market cap of $2.45B, applying Ethena's market cap to Circle USYC's circulating supply produces a hypothetical USYC price of $1.16 — a 1.02x 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 Circle USYC had Ethena's market cap, what would the price be?

If Circle USYC (USYC) had Ethena's (ENA) current market cap of $2.45B, each USYC would be worth approximately $1.16 based on the circulating supply of 2,111,938,763 USYC. That is 1.02x the current USYC price of $1.14.

What is the current market cap of Circle USYC?

Circle USYC (USYC) currently has a market cap of $2.41B, ranking #47 by market capitalization. Each USYC trades at $1.14.

What is the current market cap of Ethena?

Ethena (ENA) currently has a market cap of $2.45B, ranking #45 by market capitalization. Each ENA trades at $0.2422.

How does USYC compare to ENA?

Circle USYC's market cap of $2.41B sits slightly above Ethena's $2.45B. For USYC to reach ENA's current valuation, the price would need to move 1.02x 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 Circle USYC'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.