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PAXG vs ENA market cap comparison
As of Sep 19, 2026, if PAX Gold (PAXG) had Ethena's (ENA) market cap of $2.08B, one PAXG would be worth $4,782, 1.1x its current price of $4,364.
At Ethena's all-time-high market cap of $15.34B (Apr 11, 2024), PAXG would be worth $35,319 (8.09x).
Ethena is 1.1x the size of PAX Gold by market cap. The rank gap between them is 5 places.
The gap between PAXG and ENA narrowed 8.3% since Sep 18, 2026.
| Metric | PAX Gold (PAXG) | Ethena (ENA) |
|---|---|---|
| Price (USD) | $4,364 | $0.206 |
| Market cap (USD) | $1.9B | $2.08B |
| Market cap rank | #52 | #47 |
| Circulating supply | 434.5K PAXG | 10.1B ENA |
| 24h change | -0.24% | +22.04% |
Price of PAX Gold at Ethena's market cap: ($2.08B ÷ $1.9B) × $4,364 = $4,782.
Questions
- What would PAXG be worth with Ethena's market cap?
- PAX Gold (PAXG) would be worth $4,782 per coin with Ethena's market cap of $2.08B. That is 1.1x its price of $4,364 on Sep 19, 2026.
- How many times would PAXG need to grow to reach Ethena's market cap?
- PAX Gold would need to grow 1.1x. Its market cap is $1.9B and Ethena's market cap is $2.08B.
- How is the PAXG price at ENA's market cap calculated?
- Price of PAX Gold at Ethena's market cap: ($2.08B ÷ $1.9B) × $4,364 = $4,782.
Data provided by CoinGecko. Refreshed daily. Last update Sep 19, 2026.