| Metric | | | | |
|---|
| Market Cap | $889.5M | $9.36B | $6.52B | $423.2M |
| Peg Status | STABLE | STABLE | STABLE | UNKNOWN |
| Peg Deviation | 0.077% | 0.174% | 0.067% | — |
| Issuer | Ethena Labs | Sky (formerly MakerDAO) | Ethena Labs | Circle |
| Type | Algorithmic Protocol | Decentralized DAO | Algorithmic Protocol | Centralized |
| Governance | DAO Governance | DAO Governance | DAO Governance | Issuer Controlled |
| Treasury | On-Chain | On-Chain | On-Chain | Audited Reports |
| Compliance Score | A+100/100 | A+100/100 | A+100/100 | B65/100 |