USDa vs Ethena USDe
Ethena USDe (USDE) is 47.8× the size of USDa (USDA) by market capitalisation. Both have run at a similar volatility, around 0% annualised.
- Size ratio
- 1 : 47.8
USDA 2.0%Share of the two combined market caps98.0% USDE
Performance
USDAUSDE
- 7 daysUSDA
- 30 daysUSDE
- 90 days—
- 1 year—
Risk & extremes
| Metric | USDA | 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 USDA by 0.1% — measured on the USDA/USDE ratio, so it holds regardless of market direction.