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Ethereum vs Ethena — ETH/ENA Comparison

Side-by-side market data for Ethereum and Ethena, updated continuously.

Ethereum (ETH) has a larger market capitalization than Ethena (ENA) — about 103.3× bigger. Ethereum is ranked #2 and Ethena is ranked #39 by market cap.

MetricEthereum (ETH)Ethena (ENA)
Price$2,499.45$0.2203
Market Cap$305.24B$2.95B
Rank#2#39
24h Change+0.25%+0.72%
7d Change-7.06%-7.28%
24h Volume$6.57B$236.48M
All-Time High$4,946.05$1.52
Circulating Supply122,124,805 ETH13,406,250,000 ENA

Performance: ETH vs ENA

PeriodETHENA
1 hour-0.00%-0.76%
24 hours+0.25%+0.72%
7 days-7.06%-7.28%
30 days-0.67%+46.71%
1 year-44.61%-60.77%

ETH vs ENA: The Analysis

Ethereum (ETH) and Ethena (ENA) sit at very different scales: Ethereum is ranked #2 with a $305.24B market cap, about 103.3× the $2.95B of Ethena (#39). A larger cap generally means deeper liquidity and lower volatility, not a better investment.

Over the past year, ETH is down 44.61% and ENA is down 60.77% — ETH has clearly led.

ETH trades 49% below its all-time high of $4,946.05, while ENA is 86% below its $1.52 peak — one gauge of how much each has recovered.

By use case, Ethereum is associated with Smart Contract Platform, Layer 1 (L1), and Ethena with Decentralized Finance (DeFi), Binance Launchpool — so they are not necessarily direct substitutes.

ETH to ENA Conversion

AmountEquivalent
1 ETH11343.1420 ENA
1 ENA0.00008816 ETH
10 ETH113,431.4202 ENA

Based on live prices: ETH $2,499.45, ENA $0.2203. A market exchange may differ.

Volatility & Drawdown

MetricETHENA
30-day volatility (annualised)——
All-time high$4,946.05$1.52
From all-time high-49.47%-85.50%

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

Ethereum (ETH)
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Ethena (ENA)
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What is the difference between Ethereum and Ethena?

Ethereum (ETH) has a larger market capitalization than Ethena (ENA) — about 103.3× bigger. Ethereum is ranked #2 and Ethena is ranked #39 by market cap. Ethereum trades at $2,499.45 and Ethena at $0.2203. Ethereum is categorised under Smart Contract Platform, Layer 1 (L1).

Which is bigger, Ethereum or Ethena?

Ethereum is larger, with a market cap of $305.24B versus Ethena's $2.95B — roughly 103.3× bigger.

Which has performed better recently?

Over the last 7 days, ETH is down 7.06% and ENA is down 7.28%. Over a full year, ETH is down 44.61% versus down 60.77% for ENA. Past performance does not predict future results — this is not financial advice.

How many ENA is 1 ETH worth?

At current prices, 1 Ethereum is worth about 11343.1420 ENA, and 1 Ethena is worth 0.00008816 ETH (ETH $2,499.45, ENA $0.2203).

Could Ethena overtake Ethereum's market cap?

For Ethena to reach Ethereum's current $305.24B market cap, its price would need to rise about 103.3× to roughly $22.77 per ENA (at today's supply), with Ethereum staying flat. That is a hypothetical, not a prediction.

Is Ethereum a better investment than Ethena?

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 data · Information only — not financial advice. A larger market cap does not mean a better investment.