Ethereum Name Service vs Terra USD — how do they compare? Ethereum Name Service trades at Rp72,548 (market cap Rp3,04T, Rp110,21M 24h volume), while Terra USD trades at Rp86.98 (market cap Rp482,37M, Rp22,17M 24h volume). The key difference: Ethereum Name Service is far larger — about 6302.2× Terra USD's market cap, and Terra USD's supply is capped (5,6B / 6,1B USTC (92%)) while Ethereum Name Service's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Ethereum Name Service for 31 Days and Terra USD for 57 Days on average.
| ENS | USTC | |
|---|---|---|
Market Cap | Rp3,04T | Rp482,37M |
Volume (24h) | Rp110,21M | Rp22,17M |
Circulating Supply | 42M ENS | 5,6B / 6,1B USTC (92%) |
Typical Hold Time | 31 Days | 57 Days |
What Pluang investors did over the last 30 days
Ethereum Name Service is a distributed, open, and extensible naming system based on the Ethereum blockchain. ENS is the governance token used to govern the protocol and influence decisions on pricing its .eth addresses and the price oracle. Token holders can also delegate their tokens to the DAO for voting.
Read more on ENS →USTC is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US dollar. The stablecoin in the Terra ecosystem shares the total liquidity, meaning users can exchange TerraUSD to TerraKRW (their stablecoin pegged to the Korean Won) with minimal fees. Additionally, users can gain passive income using TerraUSD with the Anchor lending protocol's stable interest rates.
Read more on USTC →