| Metric | | | | |
|---|
| Market Cap | $889.5M | $423.2M | $9.36B | $3.57B |
| Peg Status | STABLE | UNKNOWN | STABLE | STABLE |
| Peg Deviation | 0.075% | — | 0.034% | 0.042% |
| Issuer | Ethena Labs | Circle | Sky (formerly MakerDAO) | Paxos / PayPal |
| Type | Algorithmic Protocol | Centralized | Decentralized DAO | Centralized |
| Governance | DAO Governance | Issuer Controlled | DAO Governance | Issuer Controlled |
| Treasury | On-Chain | Audited Reports | On-Chain | Audited Reports |
| Compliance Score | A+100/100 | B65/100 | A+100/100 | A+95/100 |
