Ethena USDe vs Fasttoken

Ethena USDe is a stablecoin liquidity rail with $4.94B in market cap, while Fasttoken is a FTN market beta asset with $472.2M. The useful comparison is market role, liquidity, seven-day direction, and which follow-up page gives the cleaner next decision.

Snapshot comparison. USDE data as of Sep 27, 2026, 1:20 AM UTC; FTN data as of Mar 26, 2026, 4:54 AM UTC. Mixed CoinGecko and fallback snapshot. Values can differ in age and are not executable quotes. Data methodology.

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Comparison Table

What changes between USDE and FTN.

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	Ethena USDe	Fasttoken
Market role	stablecoin liquidity rail	FTN market beta asset
Price	$0.999644	$1.09
Market cap	$4.94B	$472.2M
24h volume	$60.32M	$59,494.00
7d change	+0.01%	-0.11%
Relative size	Ethena USDe is 10.47x Fasttoken's market cap	Fasttoken is 0.10x Ethena USDe's market cap
Volume comparison	Ethena USDe trades at 1013.81x Fasttoken's 24h volume	Fasttoken trades at 0.00x Ethena USDe's 24h volume