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USDE rank #26 CAKE rank #86 Asset comparison

Asset vs asset

Ethena USDe vs PancakeSwap

Ethena USDe is a stablecoin liquidity rail with $4.94B in market cap, while PancakeSwap is a CAKE market beta asset with $874.18M. 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 ; CAKE 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

What changes between USDE and CAKE.

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 PancakeSwap
Market role stablecoin liquidity rail CAKE market beta asset
Price $0.999644 $2.74
Market cap $4.94B $874.18M
24h volume $60.32M $75.72M
7d change +0.01% +13.99%
Relative size Ethena USDe is 5.65x PancakeSwap's market cap PancakeSwap is 0.18x Ethena USDe's market cap
Volume comparison Ethena USDe trades at 0.80x PancakeSwap's 24h volume PancakeSwap trades at 1.26x Ethena USDe's 24h volume

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

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