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Tether vs Ethena USDe USDT vs USDE

1 USDT = 0.99968 USDE · Tether is 39x bigger by market cap

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USDT USDE
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 supply183.67B USDT4.69B USDE
Max supply∞∞
All-time high$1.32
Jul 2018
$1.03
Dec 2025
From all-time high▼ 24.48%▼ 3.34%

Returns

PeriodUSDTUSDE
24 hours▲ 0.02%▲ 0.02% ✓
7 days0.00%▲ 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.