Ethereum vs Ethena USDe — ETH/USDE Comparison
Side-by-side market data for Ethereum and Ethena USDe, updated continuously.
Ethereum (ETH) has a larger market capitalization than Ethena USDe (USDE) — about 64.2× bigger. Ethereum is ranked #2 and Ethena USDe is ranked #25 by market cap.
| Metric | Ethereum (ETH) | Ethena USDe (USDE) |
|---|---|---|
| Price | $2,502.20 | $0.9991 |
| Market Cap | $305.53B | $4.76B |
| Rank | #2 | #25 |
| 24h Change | +0.26% | -0.01% |
| 7d Change | -7.61% | -0.04% |
| 24h Volume | $6.92B | $28.86M |
| All-Time High | $4,946.05 | $1.03 |
| Circulating Supply | 122,124,805 ETH | 4,761,204,804 USDE |
Performance: ETH vs USDE
| Period | ETH | USDE |
|---|---|---|
| 1 hour | -0.00% | +0.00% |
| 24 hours | +0.26% | -0.01% |
| 7 days | -7.61% | -0.04% |
| 30 days | -0.67% | -0.02% |
| 1 year | -44.61% | +0.04% |
ETH vs USDE: The Analysis
- Ethereum is the larger asset (64.2× Ethena USDe’s cap)
- Over 1 year, USDE has outperformed (up 0.04% vs down 44.61%)
- USDE sits closer to its all-time high (-3% vs -49%)
Ethereum (ETH) and Ethena USDe (USDE) sit at very different scales: Ethereum is ranked #2 with a $305.53B market cap, about 64.2× the $4.76B of Ethena USDe (#25). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, ETH is down 44.61% and USDE is up 0.04% — USDE has clearly led.
ETH trades 49% below its all-time high of $4,946.05, while USDE is 3% below its $1.03 peak — one gauge of how much each has recovered.
By use case, Ethereum is associated with Smart Contract Platform, Layer 1 (L1), and Ethena USDe with Stablecoins, USD Stablecoin — so they are not necessarily direct substitutes.
ETH to USDE Conversion
| Amount | Equivalent |
|---|---|
| 1 ETH | 2504.4139 USDE |
| 1 USDE | 0.00039930 ETH |
| 10 ETH | 25,044.139 USDE |
Based on live prices: ETH $2,502.20, USDE $0.9991. A market exchange may differ.
Volatility & Drawdown
| Metric | ETH | USDE |
|---|---|---|
| 30-day volatility (annualised) | — | — |
| All-time high | $4,946.05 | $1.03 |
| From all-time high | -49.41% | -3.37% |
Volatility is the standard deviation of daily returns over the last 30 days, annualised. Higher means larger price swings. Not a measure of quality or risk-adjusted return.
Price Charts
What is the difference between Ethereum and Ethena USDe?
Ethereum (ETH) has a larger market capitalization than Ethena USDe (USDE) — about 64.2× bigger. Ethereum is ranked #2 and Ethena USDe is ranked #25 by market cap. Ethereum trades at $2,502.20 and Ethena USDe at $0.9991. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).
Which is bigger, Ethereum or Ethena USDe?
Ethereum is larger, with a market cap of $305.53B versus Ethena USDe's $4.76B — roughly 64.2× bigger.
Which has performed better recently?
Over the last 7 days, ETH is down 7.61% and USDE is down 0.04%. Over a full year, ETH is down 44.61% versus up 0.04% for USDE. Past performance does not predict future results — this is not financial advice.
How many USDE is 1 ETH worth?
At current prices, 1 Ethereum is worth about 2504.4139 USDE, and 1 Ethena USDe is worth 0.00039930 ETH (ETH $2,502.20, USDE $0.9991).
Could Ethena USDe overtake Ethereum's market cap?
For Ethena USDe to reach Ethereum's current $305.53B market cap, its price would need to rise about 64.2× to roughly $64.17 per USDE (at today's supply), with Ethereum staying flat. That is a hypothetical, not a prediction.
Is Ethereum a better investment than Ethena USDe?
We don't give investment advice and can't say which is "better" for you — it depends on your own research, goals and risk tolerance. The data above compares their size, performance, volatility and use case so you can judge for yourself. Crypto is high-risk; see our disclaimer.
Ethereum data · Ethena USDe data · Information only — not financial advice. A larger market cap does not mean a better investment.