| Metric | | | | |
|---|
| Market Cap | $858.9M | $9.56B | $5.31B | $412.4M |
| Peg Status | STABLE | STABLE | STABLE | STABLE |
| Peg Deviation | 0.308% | 0.013% | 0.000% | 0.109% |
| Issuer | Ethena Labs | Sky (formerly MakerDAO) | World Liberty Financial | First Digital Labs |
| Type | Algorithmic Protocol | Decentralized DAO | Centralized | Centralized |
| Governance | DAO Governance | DAO Governance | Issuer Controlled | Issuer Controlled |
| Treasury | On-Chain | On-Chain | None/Opaque | Audited Reports |
| Compliance Score | A+100/100 | A+100/100 | B+70/100 | A+95/100 |
