Ethena USDe vs 
Dai
Ethena USDe (USDE) has a market cap of $14.07B, 2.6× that of Dai (DAI) at $5.37B, as of 2026-11-08 23:23 UTC.
At Ethena USDe's market cap, one DAI would be worth $2.6232 — 2.6× its current price of $1.00. This is arithmetic, not a forecast.
Over 24 hours USDE is -0.03% and DAI is +0.13%.
Updated · Market data, not investment advice.
| Metric | Ethena USDe (USDE) | Dai (DAI) |
|---|---|---|
| Price | $0.9999 | $1.00 |
| Market cap | $14.07B | $5.37B |
| Rank | #12 | #22 |
| 24h volume | $8.61M | $5.61M |
| 24h change | -0.03% | +0.13% |
| 7d change | +0.01% | +0.05% |
| 30d change | -0.06% | — |
| 90d change | -0.07% | — |
| Volatility (90d, annualised) | 0% | — |
| Circulating supply | 14.08B | 5.37B |
| Max supply | No cap | No cap |
| Fully diluted value | $14.07B | $5.37B |
Frequently asked questions
What would DAI be worth with USDE's market cap?+
$2.6232 per DAI, based on Dai's current circulating supply. This is arithmetic, not a forecast.
Is Ethena USDe bigger than Dai?+
Yes. Ethena USDe's market cap is $14.07B versus $5.37B for Dai (2026-11-08 23:23 UTC).
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.