LAB vs Ethena USDe
Live Australian-dollar comparison of LAB (LAB) and Ethena USDe (USDE): price, market cap, performance and 7-day trend.
| Metric | LAB | USDE |
|---|---|---|
| Price (AUD) | A$19.34▲ | A$1.42 |
| Market cap | A$6.13B | A$6.38B▲ |
| 24h volume | A$185.42M▲ | A$83.87M |
| 24h change | +39.46%▲ | +0.00% |
| 7d change | +74.74%▲ | +2.02% |
| 30d change | +226.36%▲ | +2.25% |
| Rank | 25 | 23▲ |
LAB vs Ethena USDe: what the numbers say
At the latest snapshot, 1 LAB = 13.619718 USDE.
By market capitalisation, Ethena USDe is the larger network — about 1.0× the size of LAB in AUD terms. Larger caps generally mean deeper liquidity on Australian exchanges and tighter spreads, while smaller caps can move more sharply on news or thin order books.
Over the past seven days, LAB is up 74.74% while USDE is up 2.02% — LAB has out-performed by 72.73 percentage points. Short-term percentage moves show momentum but say nothing about long-term value.
Australian buyers can trade both LAB and Ethena USDe on AUSTRAC-registered exchanges such as CoinSpot, Independent Reserve, Swyftx and Kraken AU. Each disposal — including swapping LAB for USDE — is a CGT event under ATO guidance, so keep records of the AUD value at the time of every trade.
For a deeper read, open the dedicated LAB page or Ethena USDe page.