Ondo vs 
Ethena
Ondo (ONDO) has a market cap of $1.13B, 1.1× that of Ethena (ENA) at $1.05B, as of 2026-11-08 23:25 UTC.
At Ondo's market cap, one ENA would be worth $0.1642 — 1.1× its current price of $0.1522. This is arithmetic, not a forecast.
Over 24 hours ONDO is -1.32% and ENA is -3.55%.
Over 30 days, ONDO lost 25.77% while ENA lost 29.24%.
Over 90 days, ENA gained 72.95% while ONDO gained 5.32%.
Annualised 90-day volatility: ONDO 98%, ENA 135% — ENA has been the more volatile asset.
Their daily returns are moderately correlated over 90 days (0.61).
Updated · Market data, not investment advice.
| Metric | Ondo (ONDO) | Ethena (ENA) |
|---|---|---|
| Price | $0.3581 | $0.1522 |
| Market cap | $1.13B | $1.05B |
| Rank | #50 | #52 |
| 24h volume | $56.48M | $165.85M |
| 24h change | -1.32% | -3.55% |
| 7d change | -13.05% | -19.04% |
| 30d change | -25.77% | -29.24% |
| 90d change | +5.32% | +72.95% |
| Volatility (90d, annualised) | 98% | 135% |
| Circulating supply | 3.16B | 6.89B |
| Max supply | No cap | 15.00B |
| Fully diluted value | $3.58B | $2.28B |
| Correlation of daily returns (90d) | 0.61 | |
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 ONDO's market cap?+
$0.1642 per ENA, based on Ethena's current circulating supply. This is arithmetic, not a forecast.
Is Ondo bigger than Ethena?+
Yes. Ondo's market cap is $1.13B versus $1.05B for Ethena (2026-11-08 23:25 UTC).
Which performed better over the last 30 days, ONDO or ENA?+
Ondo: -25.77% vs Ethena: -29.24% (Binance daily closes, 2026-11-08 23:25 UTC).
Do ONDO and ENA move together?+
Their 90-day correlation of daily returns is 0.61 (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.