Skip to content
Comparison

Tether vs Ethena

A side-by-side look at Tether (USDT) and Ethena (ENA) — live price, market capitalization, supply, all-time records and project fundamentals. Figures refresh hourly from public market data. For informational purposes only; not financial advice.

Side by side Source CoinPaprika Updated hourly
Tether USDT
Rank #3
$0.99932172
+0.02% 24h
Market cap
$186.35B
24h volume
$66.62B
Ethena ENA
Rank #74
$0.09114539
-4.29% 24h
Market cap
$847.08M
24h volume
$181.59M

Tether vs Ethena: Key Metrics

Metric USDT ENA
Market cap rank #3 #74
Price $0.99932172 $0.09114539
Market capitalization $186.35B $847.08M
24-hour trading volume $66.62B $181.59M
24-hour change +0.02% -4.29%
Circulating supply 186,549,137,804 9,293,750,000
Maximum supply No fixed cap 15,000,000,000
All-time high $1.32 $1.52
All-time low $0.572521 $0.07049
Genesis / launch
Hashing algorithm
Categories tracked 17 28

Bold values mark the larger figure for size-based metrics (market cap, volume). Larger is not inherently “better.”

What Are Tether and Ethena?

Tether USDT

Tether (USDT) is a cryptocurrency with a value meant to mirror the value of the U.S. dollar. The idea was to create a stable cryptocurrency that can be used like digital dollars. Coins that serve this purpose of being a stable dollar substitute are called “stable coins.” Tether is the most popular stable coin and even acts as a dollar replacement on many popular exchanges!

Full Tether profile →

Ethena ENA

Profile data for Ethena is being compiled.

Category Overlap

How Tether and Ethena are classified by CoinPaprika, and where they overlap.

Shared
Solana EcosystemAvalanche EcosystemEthereum EcosystemTON EcosystemKava EcosystemWorld Liberty Financial Portfolio
Tether only
StablecoinsUSD StablecoinNear Protocol EcosystemCelo EcosystemTezos EcosystemKaia EcosystemAptos EcosystemFTX HoldingsTron EcosystemFiat-backed Stablecoin
Ethena only
Decentralized Finance (DeFi)Binance LaunchpoolArbitrum EcosystemMetis EcosystemOptimism EcosystemZkSync EcosystemMantle EcosystemBase EcosystemManta Network EcosystemScroll Ecosystem

Tether vs Ethena FAQ

Which has a bigger market cap, Tether or Ethena?
Tether has the larger market capitalization ($186.35B) compared with Ethena ($847.08M), roughly 220× larger.
What do Tether and Ethena have in common?
Both are classified by CoinPaprika under: Solana Ecosystem, Avalanche Ecosystem, Ethereum Ecosystem, TON Ecosystem, Kava Ecosystem, World Liberty Financial Portfolio.
Is Tether or Ethena a better investment?
We don’t provide financial advice or price predictions. This page compares factual market data only. Which asset suits you depends on your own research, goals and risk tolerance — always do your own due diligence before investing.

Explore Further