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Compare Ethena (ENA) vs Raydium (RAY) Price & Performance

Price performance (Past 24H)

Key statistics

Ethena vs Raydium — how do they compare? Ethena trades at Rp1,535 (market cap Rp15,09T, Rp1,35T 24h volume), while Raydium trades at Rp11,213 (market cap Rp3,01T, Rp110,9M 24h volume). The key difference: Ethena is far larger — about 5× Raydium's market cap, and Ethena's circulating supply is 9,8B / 15B ENA (66%) versus 269,5M / 555M RAY (49%) for Raydium. Which is the better fit depends on your goals — on Pluang, investors hold Ethena for 44 Days and Raydium for 25 Days on average.

ENARAY
Market Cap
Rp15,09TRp3,01T
Volume (24h)
Rp1,35TRp110,9M
Circulating Supply
9,8B / 15B ENA (66%)269,5M / 555M RAY (49%)
Typical Hold Time
44 Days25 Days

Investor sentiment on Pluang

What Pluang investors did over the last 30 days

ENA
25% Buy75% Sell
Avg holding period · 44 Days
RAY
6% Buy94% Sell
Avg holding period · 25 Days

Top news

Latest headlines on both assets

About Ethena

Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money that is not reliant on traditional banking system infrastructure, alongside a globally accessible dollar-denominated savings instrument — the 'Internet Bond'.

Read more on ENA

About Raydium

Raydium (RAY) is an automated market maker (AMM) and liquidity provider built on the Solana blockchain for the Serum decentralized exchange (DEX). Unlike any other AMMs, Raydium provides on-chain liquidity to a central limit orderbook meaning that funds deposited into Raydium are converted into limit orders which sit on Serum’s orderbooks.

Read more on RAY