Ethena (ENA) vs USD1 (USD1)
Learn how Ethena and USD1 differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.
$0.2114
#41
Ethena is a synthetic dollar protocol built on Ethereum, offering USDe, a crypto-native dollar alternative that's different from traditional fiat stablecoins. USDe maintains its peg through delta-hedging Bitcoin, Ethereum, and Solana spot assets using futures contracts, while also holding liquid stables like USDC and USDT. The protocol enables users to acquire USDe through various methods and stake it to earn rewards from protocol revenue, subject to jurisdictional restrictions.
View Full Page$0.9994
#31
Key Metrics Comparison
EthenaENA
Market Cap$2.836B
24h Volume$583.53M
Liquidity Ratio20.58%
24h Change-7.08%
7d Change-12.08%
Circulating Supply13,406,250,000
Max Supply15,000,000,000
All-Time High$2
USD1USD1
Market Cap$4.212B
24h Volume$919.75M
Liquidity Ratio21.84%
24h Change+0.02%
7d Change-0.02%
Circulating Supply4,214,560,765.34
Max SupplyN/A
All-Time High$1
Category Performance
Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.
Market Share
Share of combined market cap
ENA
40.2%USD1
59.8%Volume Share
Share of combined 24h volume
ENA
38.8%USD1
61.2%24h Performance
Price change over last 24 hours
ENA
-7.08%USD1
0.02%7d Performance
Price change over last 7 days
ENA
-12.08%USD1
-0.02%Proximity to ATH
How close to all-time high (closer is better)
ENA
-86.1%USD1
-4.6%Liquidity Ratio
Volume to market cap ratio (higher = more liquid)
ENA
20.58%USD1
21.84%