Brandwave

Ethena vs MakerDAO:Which is searched more?

In August 2026, Ethena had more branded searches than MakerDAO among stablecoin platforms worldwide. Ethena was estimated to have 14.8K branded searches compared to MakerDAO’s 1.6K, and held a 9.8% Share of Search versus MakerDAO’s 1.1%. These are worldwide searches for English-language branded terms.

Share of Search among stablecoin platforms worldwide in August 2026Which is more popular in search, Ethena or MakerDAO?
Ethena9.8%14.8K searches
vs
MakerDAO1.1%1.6K searches

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Which is more popular in search, Ethena or MakerDAO?

Compare the companies that issue stablecoins. Branded searches tell you how often people look for a brand by name or related terms. Comparing these searches across competitors helps you see how popular each brand is over time.

Ethena and MakerDAO among stablecoin platforms worldwide, by month

Share of Search by month for Ethena, MakerDAO. The figures are in the table below the chart.

View monthly share of search table
MonthEthenaMakerDAO
Oct 202533%6.6%
Nov 202532.6%7.9%
Dec 202524.4%8.9%
Jan 202615.9%4.7%
Feb 202615.9%4.7%
Mar 202613.4%4.9%
Apr 202613.5%4%
May 20269.7%1.9%
Jun 20269.8%1.3%
Jul 20268.1%1.1%
Aug 20269.8%1.1%
Sep 2026——

How has the Ethena and MakerDAO comparison changed over the last 12 months?

  • Ethena was ahead of MakerDAO in every measured month of the 11 months ending August 2026.
  • Across the 11 months ending August 2026, Ethena’s estimated Share of Search among stablecoin platforms worldwide moved from 33% to 9.8%, and its estimated monthly branded searches moved from 33.1K to 14.8K.
  • Across the 11 months ending August 2026, MakerDAO’s estimated Share of Search among stablecoin platforms worldwide moved from 6.6% to 1.1%, and its estimated monthly branded searches moved from 6.6K to 1.6K.

How did search popularity change for stablecoin platforms worldwide in August 2026?

  1. In August 2026, Ethena gained estimated Share of Search among stablecoin platforms worldwide, from 8.1% to 9.8%.

  2. MakerDAO’s estimated Share of Search among stablecoin platforms worldwide has lost ground for 3 months in a row, from 1.9% to 1.1% in August 2026.

How each brand is measured

Brandwave collects information about searches that people make online using Ethena’s and MakerDAO’s names. When viewed over time, estimated search volumes for these branded terms can be used to understand whether interest in the brands is growing, holding steady, or fading.

Ethena

1 branded search term

  • ethena

MakerDAO

1 branded search term

  • makerdao

How the Brand Demand Index is measured

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Put your own brand in this comparison

Brandwave tracks your branded demand next to the rival you actually watch, with your campaigns, spend and outcomes on the same timeline.