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 43.2× bigger. Ethereum is ranked #2 and Ethena USDe is ranked #19 by market cap.
| Metric | Ethereum (ETH) | Ethena USDe (USDE) |
|---|---|---|
| Price | $1,744.51 | $0.9997 |
| Market Cap | $213.06B | $4.93B |
| Rank | #2 | #19 |
| 24h Change | -9.06% | +0.04% |
| 7d Change | -21.90% | +0.08% |
| 24h Volume | $16.71B | $34.97M |
| All-Time High | $4,946.05 | $1.03 |
| Circulating Supply | 122,218,624 ETH | 4,933,965,105 USDE |
Performance: ETH vs USDE
| Period | ETH | USDE |
|---|---|---|
| 1 hour | -1.39% | -0.02% |
| 24 hours | -9.06% | +0.04% |
| 7 days | -21.90% | +0.08% |
| 30 days | -21.11% | -0.02% |
| 1 year | -40.81% | +0.03% |
ETH vs USDE: The Analysis
- Ethereum is the larger asset (43.2× Ethena USDe’s cap)
- Over 1 year, USDE has outperformed (up 0.03% vs down 40.81%)
- USDE sits closer to its all-time high (-3% vs -65%)
Ethereum (ETH) and Ethena USDe (USDE) sit at very different scales: Ethereum is ranked #2 with a $213.06B market cap, about 43.2× the $4.93B of Ethena USDe (#19). A larger cap generally means deeper liquidity and lower volatility, not a better investment.
Over the past year, ETH is down 40.81% and USDE is up 0.03% — USDE has clearly led.
ETH trades 65% 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 | 1744.9969 USDE |
| 1 USDE | 0.00057307 ETH |
| 10 ETH | 17,449.9685 USDE |
Based on live prices: ETH $1,744.51, USDE $0.9997. 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 | -64.73% | -3.32% |
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 43.2× bigger. Ethereum is ranked #2 and Ethena USDe is ranked #19 by market cap. Ethereum trades at $1,744.51 and Ethena USDe at $0.9997. 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 $213.06B versus Ethena USDe's $4.93B — roughly 43.2× bigger.
Which has performed better recently?
Over the last 7 days, ETH is down 21.90% and USDE is up 0.08%. Over a full year, ETH is down 40.81% versus up 0.03% 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 1744.9969 USDE, and 1 Ethena USDe is worth 0.00057307 ETH (ETH $1,744.51, USDE $0.9997).
Could Ethena USDe overtake Ethereum's market cap?
For Ethena USDe to reach Ethereum's current $213.06B market cap, its price would need to rise about 43.2× to roughly $43.18 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.