Ethena Labs (USDTB) vs Walrus — how do they compare? Ethena Labs (USDTB) trades at Rp18,059 (market cap Rp8,16T, Rp117,06jt 24h volume), while Walrus trades at Rp562.2 (market cap Rp1,37T, Rp57,36M 24h volume). The key difference: Ethena Labs (USDTB) is far larger — about 6× Walrus's market cap, and Walrus's supply is capped (2,5B / 5B WAL (50%)) while Ethena Labs (USDTB)'s keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Ethena Labs (USDTB) for 23 Days and Walrus for 22 Days on average.
| USDTB | WAL | |
|---|---|---|
Market Cap | Rp8,16T | Rp1,37T |
Volume (24h) | Rp117,06jt | Rp57,36M |
Circulating Supply | 452,1M USDTB | 2,5B / 5B WAL (50%) |
Typical Hold Time | 23 Days | 22 Days |
Signals from Pluang's Aura AI — not financial advice
No Aura AI signal available yet.
Walrus (WAL) is currently trading at Rp560.53 with a market cap of Rp1.38 trillion, showing a bearish technical signal as indicated by moving averages. The token has a circulating supply of 2.5 million out of a maximum 5 million, with a 50% circulation rate and average hold time of 22 days. Recent trading activity reflects neutral oscillator signals and key support at Rp529.
Overall outlook remains cautious due to bearish technical indicators and limited fundamental updates. Key opportunities include potential growth from increased adoption, while major risks involve high volatility and regulatory uncertainty. Investors should monitor support levels and market sentiment closely.
What Pluang investors did over the last 30 days
USDtb is a fiat-backed stablecoin pegged to the US dollar, similar to USDC or USDT, with unrestricted transferability. Backed primarily by BlackRock’s BUIDL (90% of reserves), it holds the highest BUIDL allocation of any stablecoin, enabling unmatched scalability.
Read more on USDTB →Walrus is a decentralized data storage protocol and application development platform that enables apps to manage large data files and rich media content like videos, images, and audio. Built on Sui, it allows for the handling of both on-chain and off-chain data using Move-based smart contracts. Developed by Mysten Labs, Walrus is the first network that permits storage of any data size on-chain at scale. This capability enhances how Web3 projects use their data, supporting the development of diverse on-chain businesses.
Read more on WAL →