Aave vs 
Ethena
Aave (AAVE) has a market cap of $1.96B, 1.9× that of Ethena (ENA) at $1.05B, as of 2026-11-08 23:22 UTC.
At Aave's market cap, one ENA would be worth $0.2839 — 1.9× its current price of $0.152. This is arithmetic, not a forecast.
Over 24 hours AAVE is -1.42% and ENA is -3.49%.
Over 30 days, AAVE lost 23.08% while ENA lost 29.29%.
Over 90 days, ENA gained 72.84% while AAVE gained 44.11%.
Annualised 90-day volatility: AAVE 88%, ENA 135% — ENA has been the more volatile asset.
Their daily returns are moderately correlated over 90 days (0.60).
Updated · Market data, not investment advice.
| Metric | Aave (AAVE) | Ethena (ENA) |
|---|---|---|
| Price | $128.73 | $0.152 |
| Market cap | $1.96B | $1.05B |
| Rank | #36 | #52 |
| 24h volume | $116.77M | $165.62M |
| 24h change | -1.42% | -3.49% |
| 7d change | -6.04% | -18.89% |
| 30d change | -23.08% | -29.29% |
| 90d change | +44.11% | +72.84% |
| Volatility (90d, annualised) | 88% | 135% |
| Circulating supply | 15.19M | 6.89B |
| Max supply | 16.00M | 15.00B |
| Fully diluted value | $2.06B | $2.28B |
| Correlation of daily returns (90d) | 0.60 | |
90-day performance, rebased to 100
Binance daily closes. Past performance doesn't predict future returns.
Frequently asked questions
What would ENA be worth with AAVE's market cap?+
$0.2839 per ENA, based on Ethena's current circulating supply. This is arithmetic, not a forecast.
Is Aave bigger than Ethena?+
Yes. Aave's market cap is $1.96B versus $1.05B for Ethena (2026-11-08 23:22 UTC).
Which performed better over the last 30 days, AAVE or ENA?+
Aave: -23.08% vs Ethena: -29.29% (Binance daily closes, 2026-11-08 23:22 UTC).
Do AAVE and ENA move together?+
Their 90-day correlation of daily returns is 0.60 (1 = move in lockstep, 0 = unrelated) — moderately correlated.
Where does this data come from?+
Live prices and history from Binance spot markets; market cap and supply from CoinLore. Past performance doesn't predict future returns.