USDE rank #26 NEXO rank #88 Asset comparison

Asset vs asset

Ethena USDe vs NEXO

Ethena USDe is a stablecoin liquidity rail with $4.94B in market cap, while NEXO is a NEXO market beta asset with $865.42M. 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 ; NEXO data as of . Mixed CoinGecko and fallback snapshot. Values can differ in age and are not executable quotes. Data methodology.

Comparison Table

What changes between USDE and NEXO.

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 NEXO
Market role stablecoin liquidity rail NEXO market beta asset
Price $0.999644 $0.86727
Market cap $4.94B $865.42M
24h volume $60.32M $2.02M
7d change +0.01% +3.27%
Relative size Ethena USDe is 5.71x NEXO's market cap NEXO is 0.18x Ethena USDe's market cap
Volume comparison Ethena USDe trades at 29.79x NEXO's 24h volume NEXO trades at 0.03x Ethena USDe's 24h volume

Verify source records: Ethena USDe on CoinGecko and NEXO on CoinGecko. Read the risk disclosure.

Calculator

Compare valuation scenarios

Use the market-cap calculator when the real question is what one asset would imply at another size.

Open calculator
Risk

Check custody and venue risk

A cleaner comparison still needs a practical plan for exchanges, withdrawals, and wallets.

Open checklist
Desk

Return to the full board

Put both names back into the wider market context before treating the comparison as a final answer.

Open markets
Saved pages & watchlist
Top