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FOR CONTEXT
$2.25B compared to the worldAbout this comparison
This page compares the market capitalizations of Ondo US Dollar Yield (USDY) and Ethena (ENA). With Ondo US Dollar Yield currently at $1.14 per coin and a market cap of $2.26B, and Ethena at $0.2230 with a market cap of $2.25B, applying Ethena's market cap to Ondo US Dollar Yield's circulating supply produces a hypothetical USDY price of $1.14 — a 1.00x move from current.
All figures are live from the underlying market data feed. Past performance and hypothetical valuations are not indicative of future results.
Frequently asked
If Ondo US Dollar Yield had Ethena's market cap, what would the price be?
If Ondo US Dollar Yield (USDY) had Ethena's (ENA) current market cap of $2.25B, each USDY would be worth approximately $1.14 based on the circulating supply of 1,967,073,061 USDY. That is 1.00x the current USDY price of $1.14.
What is the current market cap of Ondo US Dollar Yield?
Ondo US Dollar Yield (USDY) currently has a market cap of $2.26B, ranking #45 by market capitalization. Each USDY trades at $1.14.
What is the current market cap of Ethena?
Ethena (ENA) currently has a market cap of $2.25B, ranking #46 by market capitalization. Each ENA trades at $0.2230.
How does USDY compare to ENA?
Ondo US Dollar Yield's market cap of $2.26B sits slightly above Ethena's $2.25B. For USDY to reach ENA's current valuation, the price would need to move 1.00x 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 Ondo US Dollar Yield'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.