ACTIVE
NEAR→
USDE
NEAR→USDENEAR WOULD BE$3.68
MULTIPLIER▼ 0.99x
TARGET MCAP$4.81B
THE ORIGINAL G.MARKETS CALCULATION · LIVE
If had 's mcap →
NEAR WOULD BE
$0.00000000
currently $3.71 · target mcap $4.81B
#23 · NEAR
#24 · USDE▼ 0.00x TO MATCHNEAR WOULD FALL TO 0.99x OF TODAY AT USDE'S VALUATION
NEAR
NEAR Protocol
NEAR Protocol is the blockchain for AI.
PRICE$3.71
24H CHANGE▲ 29.10%
MARKET CAP$4.86BFDV $4.86B · Fully circulating
RANK#23
SUPPLY1.3B NEAR
DOMINANCE0.16%
7d▲ 33.85%
VS
Ethena is a delta-hedged synthetic dollar with native crypto yield derived from staking and perpetual funding rate
PRICE$0.9998
24H CHANGE▲ 0.03%
MARKET CAP$4.81BFDV $4.81B · Fully circulating
RANK#24
SUPPLY4.8B USDE
DOMINANCE0.16%
7d▼ 0.03%
MARKET CAParea = proportional cap
NEAR$4.86B
USDE$4.81B
THE CLIMB
NEAR→
USDEMULTIPLIER▼ 1.01xGAP$44.90M
NEAR→USDEMULTIPLIER▼ 1.01xGAP$44.90Mlog scale · mcap in USDSep 18, 2026
NEARNEAR Protocol
$4.86BSOURCE
USDEEthena USDe
$4.81BTARGET
mcap in USDSep 18, 2026
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 NEAR$371.00$368.21−$2.79
Coffee money1K NEAR$3,710.00$3,682.10−$27.90
Small bag10K NEAR$37,100.00$36,821.00−$279.00
Real bag100K NEAR$371,000.00$368,210.05−$2,789.95
Whale bag1M NEAR$3,710,000.00$3,682,100.46−$27,899.54
Generational10M NEAR$37,100,000.00$36,821,004.61−$278,995.39
FOR CONTEXT
$4.81B compared to the worldNikeNKE
$130.00B
USDE mcap is 3.7% of Nike
StarbucksSBUX
$100.00B
USDE mcap is 4.8% of Starbucks
SpotifySPOT
$90.00B
USDE mcap is 5.3% of Spotify
RobloxRBLX
$30.00B
USDE mcap is 16.0% of Roblox
RedditRDDT
$25.00B
USDE mcap is 19.2% of Reddit
SnapchatSNAP
$20.00B
USDE mcap is 24.1% of Snapchat
About this comparison
This page compares the market capitalizations of NEAR Protocol (NEAR) and Ethena USDe (USDE). With NEAR Protocol currently at $3.71 per coin and a market cap of $4.86B, and Ethena USDe at $0.9998 with a market cap of $4.81B, applying Ethena USDe's market cap to NEAR Protocol's circulating supply produces a hypothetical NEAR price of $3.68 — a 0.99x move from current.
NEAR Protocol: NEAR Protocol is the blockchain for AI.
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 NEAR Protocol had Ethena USDe's market cap, what would the price be?
If NEAR Protocol (NEAR) had Ethena USDe's (USDE) current market cap of $4.81B, each NEAR would be worth approximately $3.68 based on the circulating supply of 1,306,650,906 NEAR. That is 0.99x the current NEAR price of $3.71.
What is the current market cap of NEAR Protocol?
NEAR Protocol (NEAR) currently has a market cap of $4.86B, ranking #23 by market capitalization. Each NEAR trades at $3.71.
What is the current market cap of Ethena USDe?
Ethena USDe (USDE) currently has a market cap of $4.81B, ranking #24 by market capitalization. Each USDE trades at $0.9998.
How does NEAR compare to USDE?
NEAR Protocol's market cap of $4.86B sits below Ethena USDe's $4.81B. For NEAR to reach USDE's current valuation, the price would need to move 0.99x 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 NEAR Protocol'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.