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USDE rank #26 ONDO rank #42 Asset comparison

Asset vs asset

Ethena USDe vs Ondo

Ethena USDe is a stablecoin liquidity rail with $4.94B in market cap, while Ondo is a DeFi liquidity and usage proxy with $2.6B. 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 ; ONDO data as of . Mixed CoinGecko and fallback snapshot. Values can differ in age and are not executable quotes. Data methodology.

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Comparison Table

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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 Ondo
Market role stablecoin liquidity rail DeFi liquidity and usage proxy
Price $0.999644 $0.533166
Market cap $4.94B $2.6B
24h volume $60.32M $216.95M
7d change +0.01% +28.57%
Relative size Ethena USDe is 1.90x Ondo's market cap Ondo is 0.53x Ethena USDe's market cap
Volume comparison Ethena USDe trades at 0.28x Ondo's 24h volume Ondo trades at 3.60x Ethena USDe's 24h volume

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

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