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USDC rank #6 ENA rank #40 Asset comparison

Asset vs asset

USDC vs Ethena

USDC is a stablecoin liquidity rail with $75.28B in market cap, while Ethena is a ENA market beta asset with $2.71B. The useful comparison is market role, liquidity, seven-day direction, and which follow-up page gives the cleaner next decision.

Snapshot comparison. USDC data as of ; ENA 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 USDC and ENA.

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 USDC Ethena
Market role stablecoin liquidity rail ENA market beta asset
Price $0.999854 $0.268074
Market cap $75.28B $2.71B
24h volume $7.94B $611.7M
7d change +0.02% +31.90%
Relative size USDC is 27.81x Ethena's market cap Ethena is 0.04x USDC's market cap
Volume comparison USDC trades at 12.97x Ethena's 24h volume Ethena trades at 0.08x USDC's 24h volume

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

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