ENA (Ethereum) vs AERO (Base) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-13 / 2026-11-13.
| ENA | AERO | |
|---|---|---|
| Price | $0.1404 | $0.5055 |
| Market cap | $2.21B | $196.27M |
| 24h volume | $417.13M all venues | $31.41M all venues |
| Liquidity | $5.94M | $5.76M |
| FDV | $2.45B | $1.23B |
| Holders | — | 754,575 |
| Age (days) | 902 | 681 |
| Safety grade | B | B |
ENA is Ethena's governance token — the asset of the protocol behind USDe, the synthetic dollar that became one of the largest stables on earth by running a delta-neutral hedge rather than holding cash. The deployment 0x57e114b691db790c35207b2e685d4a43181e6061 is the canonical mint; our November 6, 2026 snapshot reads $5.9 million of tracked pool liquidity on this pair set.
The honest shape: ENA's value rides on USDe's durability — a bet on the hedge machinery surviving the negative-funding stress case it was designed for but hasn't fully faced — plus the fee economics of Ethena's stack (USDe, sUSDe, USDtb, and now USDat). It's a governance claim on real, measurable protocol revenue, which puts it a tier above pure attention assets while keeping the tail risk its whole design carries.
AERO is Aerodrome Finance's token — and Aerodrome is not just another DEX, it is the central liquidity hub of Base: the ve(3,3) emissions engine (a Velodrome fork) that routes rewards to pools by veAERO voter preference, making it the venue where most serious Base liquidity is deposited. The contract 0x940181a94a35a4569e4529a3cdfb74e38fd98631 is the canonical Base deployment; our November 6, 2026 read shows $5.8 million in the tracked pools themselves — a separate number from the far larger volume the exchange routes daily.
The honest shape: AERO's price is a bet on the emissions flywheel — votes direct emissions, emissions attract liquidity, liquidity attracts volume, volume attracts votes. Flywheels run beautifully in both directions, and a token whose demand depends on perpetual emissions demand carries reflexivity risk in full. The ve-lock does damp the circulating float, which is the honest counterweight.
By tracked market cap: ENA (Ethereum) measures $2.21B and AERO (Base) measures $196.27M — dated snapshots, not a live feed.
On the contract checks we publish: ENA (Ethereum) grades B and AERO (Base) grades B. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-21 and 2026-11-13T12:15:58, the measured snapshots show ENA at −37.8% and AERO at +6.07%.
EUROC vs ENAENA vs SPXUSDC vs ENAKBTC vs ENAAERO vs SPXEUROC vs AEROAERO vs JLPUSDC vs AERO
The grade column is the one CMC's compare page cannot print — our grade is computed from the contract itself (mint/freeze authority, liquidity, holder concentration). Changes are measured over the shared window stated on the chart, 2026-09-21→2026-11-13T12:15:58; a token with fewer measured points measures a shorter span inside it.
Figures are dated on-chain snapshots, not a live feed. Safety grades are structural checks — not investment advice. Free · no signup · a NexFlow product.