Chainlink vs Ethena USDe

Chainlink is a LINK market beta asset with $10.53B in market cap, while Ethena USDe is a stablecoin liquidity rail with $4.94B. The useful comparison is market role, liquidity, seven-day direction, and which follow-up page gives the cleaner next decision.

Snapshot comparison. LINK data as of Sep 27, 2026, 1:20 AM UTC; USDE data as of Sep 27, 2026, 1:20 AM UTC. Mixed CoinGecko and fallback snapshot. Values can differ in age and are not executable quotes. Data methodology.

Open LINK Open USDE

Comparison Table

What changes between LINK and USDE.

Compare market role and supply as well as unit price. Reported trading volume is not the amount you can execute at the displayed price. This table is a research aid, not a recommendation.

Question	Chainlink	Ethena USDe
Market role	LINK market beta asset	stablecoin liquidity rail
Price	$14.07	$0.999644
Market cap	$10.53B	$4.94B
24h volume	$555.2M	$60.32M
7d change	+13.28%	+0.01%
Relative size	Chainlink is 2.13x Ethena USDe's market cap	Ethena USDe is 0.47x Chainlink's market cap
Volume comparison	Chainlink trades at 9.20x Ethena USDe's 24h volume	Ethena USDe trades at 0.11x Chainlink's 24h volume