LIVE
BTC$83,940.00▼ 0.86%ETH$2,689.76▼ 0.16%USDT$0.9998▲ 0.01%BNB$775.72▼ 0.28%XRP$1.57▲ 1.58%USDC$0.9999▲ 0.00%SOL$121.83▲ 3.61%TRX$0.3375▼ 0.79%ZEC$1,540.55▼ 0.72%FIGR_HELOC$1.03▼ 0.04%HYPE$91.74▼ 0.18%DOGE$0.0988▲ 2.37%XMR$556.25▼ 2.64%LINK$13.99▲ 4.16%WBT$83.82▼ 0.68%USDS$0.9997▼ 0.01%ADA$0.2584▲ 2.44%LEO$8.81▼ 1.25%RAIN$0.0110▼ 8.67%XLM$0.2200▼ 0.32%BCH$341.80▲ 0.59%NEAR$4.92▲ 7.36%UNI$9.58▲ 3.95%LTC$72.84▲ 1.71%CC$0.1321▲ 14.69%USDE$0.9998▲ 0.01%SUI$1.18▲ 13.18%AVAX$10.68▲ 3.94%DAI$1.00▲ 0.01%USD1$0.9994▲ 0.03%BTC$83,940.00▼ 0.86%ETH$2,689.76▼ 0.16%USDT$0.9998▲ 0.01%BNB$775.72▼ 0.28%XRP$1.57▲ 1.58%USDC$0.9999▲ 0.00%SOL$121.83▲ 3.61%TRX$0.3375▼ 0.79%ZEC$1,540.55▼ 0.72%FIGR_HELOC$1.03▼ 0.04%HYPE$91.74▼ 0.18%DOGE$0.0988▲ 2.37%XMR$556.25▼ 2.64%LINK$13.99▲ 4.16%WBT$83.82▼ 0.68%USDS$0.9997▼ 0.01%ADA$0.2584▲ 2.44%LEO$8.81▼ 1.25%RAIN$0.0110▼ 8.67%XLM$0.2200▼ 0.32%BCH$341.80▲ 0.59%NEAR$4.92▲ 7.36%UNI$9.58▲ 3.95%LTC$72.84▲ 1.71%CC$0.1321▲ 14.69%USDE$0.9998▲ 0.01%SUI$1.18▲ 13.18%AVAX$10.68▲ 3.94%DAI$1.00▲ 0.01%USD1$0.9994▲ 0.03%
G.MARKETS/PAIR ANALYSIS·USDC logoUSDC→Ethena logoENA· LIVE· as of 01:18 UTC
THE ORIGINAL G.MARKETS CALCULATION · LIVE

If had 's mcap →

USDC WOULD BE
$0.00000000
currently $0.9999 · target mcap $2.68B
▼ 0.00x TO MATCHUSDC WOULD FALL TO 0.04x OF TODAY AT ENA'S VALUATION
COIN PROFILES·USDC vs ENA
USDC logo
USDCVerified by G.MARKETS
USDC
SOURCE

USDC is a fully collateralized US dollar stablecoin.

PRICE$0.9999
24H CHANGE▲ 0.00%
MARKET CAP$75.35BFDV $75.35B · Fully circulating
RANK#6
SUPPLY75.4B USDC
DOMINANCE2.51%
7d▲ 0.01%
VS
Ethena logo
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
3.6% the size
USDC$75.35B
ENA$2.68B
THE CLIMBUSDC logoUSDC→Ethena logoENAMULTIPLIER▼ 28.1xGAP$72.66B
$10.00B
USDC logo
SOURCEUSDC$75.35B
Ethena logo
TARGETENA$2.68B
MemeCore logo
M$2.74B
Cronos logo
CRO$3.28B
Bitway logo
BTW$3.63B
Hedera logo
HBAR$4.14B
Avalanche logo
AVAX$4.73B
Canton logo
CC$5.24B
NEAR Protocol logo
NEAR$6.43B
Stellar logo
XLM$7.69B
Cardano logo
ADA$9.70B
Chainlink logo
LINK$10.46B
Hyperliquid logo
HYPE$20.41B
Zcash logo
ZEC$26.10B
log scale · mcap in USDSep 26, 2026
USDC logo
USDCUSDC
$75.35BSOURCE
MemeCore logo
M
$2.74B
Cronos logo
CRO
$3.28B
Bitway logo
BTW
$3.63B
Hedera logo
HBAR
$4.14B
Avalanche logo
AVAX
$4.73B
Canton logo
CC
$5.24B
NEAR Protocol logo
NEAR
$6.43B
Stellar logo
XLM
$7.69B
Cardano logo
ADA
$9.70B
Chainlink logo
LINK
$10.46B
Hyperliquid logo
HYPE
$20.41B
Zcash logo
ZEC
$26.10B
Ethena logo
ENAEthena
$2.68BTARGET
mcap in USDSep 26, 2026
BAG SCENARIOS·IF USDC HIT ENA MCAP·TARGET $0.0356
SCENARIOBAG SIZECOST TODAYVALUE AT TARGETGAIN
$10 starter100 USDC$99.99$3.56−$96.43
Coffee money1K USDC$999.88$35.61−$964.26
Small bag10K USDC$9,998.75$356.15−$9,642.60
Real bag100K USDC$99,987.50$3,561.48−$96,426.02
Whale bag1M USDC$999,875.00$35,614.80−$964,260.20
Generational10M USDC$9,998,750.00$356,148.04−$9,642,601.96
$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

About this comparison

This page compares the market capitalizations of USDC (USDC) and Ethena (ENA). With USDC currently at $0.9999 per coin and a market cap of $75.35B, and Ethena at $0.2658 with a market cap of $2.68B, applying Ethena's market cap to USDC's circulating supply produces a hypothetical USDC price of $0.0356 — a 0.04x move from current.

USDC: USDC is a fully collateralized US dollar stablecoin.

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

Frequently asked

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

If USDC (USDC) had Ethena's (ENA) current market cap of $2.68B, each USDC would be worth approximately $0.0356 based on the circulating supply of 75,356,467,391 USDC. That is 0.04x the current USDC price of $0.9999.

What is the current market cap of USDC?

USDC (USDC) currently has a market cap of $75.35B, ranking #6 by market capitalization. Each USDC trades at $0.9999.

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 USDC compare to ENA?

USDC's market cap of $75.35B sits far below Ethena's $2.68B. For USDC to reach ENA's current valuation, the price would need to move 0.04x 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 USDC'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.