Tether vs Ethena USDe USDT vs USDE
1 USDT = 0.99968 USDE · Tether is 39x bigger by market cap
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Change either coin| Price | $0.9991 | $0.9995 |
| Price in INR | ₹94.88 | ₹94.91 |
| Market cap rank | #3 | #23 |
| Market cap | $183.51B | $4.68B |
| 24h volume | $33.35B | $15.20M |
| Circulating supply | 183.67B USDT | 4.69B USDE |
| Max supply | ∞ | ∞ |
| All-time high | $1.32 Jul 2018 | $1.03 Dec 2025 |
| From all-time high | ▼ 24.48% | ▼ 3.34% |
Returns
| Period | USDT | USDE |
|---|---|---|
| 24 hours | ▲ 0.02% | ▲ 0.02% ✓ |
| 7 days | 0.00% | ▲ 0.02% ✓ |
| 30 days | ▼ 0.05% | ▼ 0.04% ✓ |
| 1 year | ▼ 0.15% | ▼ 0.03% ✓ |
Last 7 days
% change━ USDT ▼ 0.01% ━ USDE ▲ 0.02% · change over the last 7 days
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Tether vs Ethena USDe FAQ
Which is bigger, Tether or Ethena USDe?
Tether is bigger, with a market cap of $183.51B against $4.68B for Ethena USDe. That makes Tether about 39 times larger.
How many USDE is 1 USDT worth?
At today's prices, 1 USDT is worth about 0.99968 USDE.
Which performed better over the last year?
Ethena USDe did better: down 0.0% in US dollars, compared with down 0.1% for Tether. Past returns don't predict future ones.
What would Ethena USDe be worth at Tether's market cap?
If Ethena USDe had Tether's market cap, one USDE would be worth about $39.15, which is 39x its current price.
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Data from CoinGecko, updated every few minutes. Returns are in US dollars. For information only, not financial advice.