If had 's mcap →
LEO would drop to 0.43x of its current price at USDE's valuation
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
FOR CONTEXT
$3.88B compared to the worldAbout this comparison
This page compares the market capitalizations of LEO Token (LEO) and Ethena USDe (USDE). With LEO Token currently at $9.76 per coin and a market cap of $8.98B, and Ethena USDe at $0.9995 with a market cap of $3.88B, applying Ethena USDe's market cap to LEO Token's circulating supply produces a hypothetical LEO price of $4.22 — a 0.43x move from current.
Ethena USDe: Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If LEO Token had Ethena USDe's market cap, what would the price be?
If LEO Token (LEO) had Ethena USDe's (USDE) current market cap of $3.88B, each LEO would be worth approximately $4.22 based on the circulating supply of 920,035,802 LEO. That is 0.43x the current LEO price of $9.76.
What is the current market cap of LEO Token?
LEO Token (LEO) currently has a market cap of $8.98B, ranking #14 by market capitalization. Each LEO trades at $9.76.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $3.88B, ranking #24 by market capitalization. Each USDE trades at $0.9995.
How does LEO compare to USDE?
LEO Token's market cap of $8.98B sits well below Ethena USDe's $3.88B. For LEO to reach USDE's current valuation, the price would need to move 0.43x 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 LEO Token'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.