Alloy Tether vs Ethena USDe
Ethena USDe (USDE) is 90.1× the size of Alloy Tether (AUSDT) by market capitalisation. Both have run at a similar volatility, around 0% annualised.
- Size ratio
- 1 : 90.1
Ethena USDe (USDE) is 90.1× the size of Alloy Tether (AUSDT) by market capitalisation. Both have run at a similar volatility, around 0% annualised.
AUSDTUSDE
| Metric | AUSDT | USDE |
|---|---|---|
| Max drawdown (400d) | 0.0% | -0.3% |
| Risk-adjusted return (90d) | — | -0.02 |
| Best 30 days (past year) | — | +0.1% |
| Worst 30 days (past year) | — | -0.1% |
Relative strength over 90 days: USDE outperformed AUSDT by 0.1% — measured on the AUSDT/USDE ratio, so it holds regardless of market direction.