Comparison

Tether vs Ethena

Measured side by side from one CoinGecko snapshot (read 09:41 UTC). Differences are descriptive; neither asset is rated.

Tether's market value ($184.07B) is 78× Ethena's ($2.35B).

Over 30 days, Ethena returned +52.7% against +0.0% for Tether.

Tether trades 24.4% below its all-time high; Ethena, 84.7% below its own.

If Ethena had Tether's market cap, one ENA would be worth about $18.23 at today's circulating supply (78× its current price).

MeasureTetherEthena
Price$0.9999$0.2326
Market cap$184.07B$2.35B
Market cap rank#3#48
24h volume$61.83B$363.87M
Volume / market capShare of market value traded in 24 hours33.6%15.5%
24h+0.0%-4.8%
7 days+0.0%-14.9%
30 days+0.0%+52.7%
200 days-0.0%+97.5%
1 year-0.1%-61.9%
Fully diluted value$189.54B$3.49B
Circulating supplyNo fixed max67.3% of max
From all-time high-24.4%-84.7%
Market signalMomentum and range position; not a forecastneutralneutral

Hypothetical prices divide one asset’s market cap by the other’s circulating supply; they ignore how supply, demand and liquidity would change. Not investment advice.