| Metric | | | | |
|---|
| Market Cap | $889.5M | $9.36B | $509.3M | $423.2M |
| Peg Status | STABLE | STABLE | UNKNOWN | UNKNOWN |
| Peg Deviation | 0.175% | 0.037% | — | — |
| Issuer | Ethena Labs | Sky (formerly MakerDAO) | Unknown | Circle |
| Type | Algorithmic Protocol | Decentralized DAO | — | Centralized |
| Governance | DAO Governance | DAO Governance | — | Issuer Controlled |
| Treasury | On-Chain | On-Chain | None/Opaque | Audited Reports |
| Compliance Score | A+100/100 | A+100/100 | F5/100 | B65/100 |
