| Metric | | | | |
|---|
| Market Cap | $6.51B | $9.36B | $3.60B | $578.6M |
| Peg Status | STABLE | STABLE | UNKNOWN | STABLE |
| Peg Deviation | 0.252% | 0.034% | — | 0.518% |
| Issuer | Ethena Labs | Sky (formerly MakerDAO) | Tether | Usual Protocol |
| Type | Algorithmic Protocol | Decentralized DAO | Centralized | Algorithmic Protocol |
| Governance | DAO Governance | DAO Governance | Issuer Controlled | DAO Governance |
| Treasury | On-Chain | On-Chain | Audited Reports | On-Chain |
| Compliance Score | A+100/100 | A+100/100 | B65/100 | A+100/100 |