HostCRVUSD vs STETH — price, size and safety, side by side
CRVUSD (Ethereum) vs STETH (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-26.
CRVUSD vs STETH — normalized performance, 2026-09-08 to 2026-09-26T18:07:24
| CRVUSD | STETH | |
|---|---|---|
| Price | $0.9996 | $2.51K |
| Market cap | $217.72M | $26.25B |
| 24h volume | $7.74M | $1.52M |
| Liquidity | $198.17M | $102.73M |
| FDV | $2.10B | $26.25B |
| Holders | 95,213 | 627,455 |
| Age (days) | 1,222 | 1,524 |
| Safety grade | B | B |
Where they differ
- STETH measures ~121× the market cap of CRVUSD
- CRVUSD measures ~1.9× the liquidity of STETH
- CRVUSD measures ~5.1× the 24h volume of STETH
- STETH measures ~6.6× the holder count of CRVUSD
What the data says
CRVUSD
CRVUSD is Curve's own stablecoin — minted against collateral deposited into Curve's LLAMMA system, which liquidates gradually across a price band instead of in a single cliff, the design that made it the DeFi stable built for volatile collateral. The deployment 0xf939e0a03fb07f59a73314e73794be0e57ac1b4e is the Ethereum mint; our September 26, 2026 snapshot reads $198.2 million of tracked pool liquidity.
The honest mechanics: LLAMMA's soft-liquidation is genuinely novel — collateral converts to crvUSD gradually as price falls, cushioning the cliff-edge failure mode other CDP systems have. The trade-off is that the peg's quality is a function of Curve's collateral book and liquidation engine rather than a fiat reserve — verifiable on-chain, never guaranteed.
STETH
stETH is the receipt that made Ethereum staking liquid — deposit ETH with Lido, receive stETH, and the balance re-bases upward daily as staking rewards accrue. The contract at 0xae7ab96520de3a18e5e111b5eaab095312d7fe84 is the canonical deployment; our September 26, 2026 snapshot reads $102.7 million of tracked pool liquidity, against only about $1.5 million of recorded daily volume in this pair set. That thin on-chain turnover is the honest kind: stETH's real exit is the redemption path through Lido itself plus deep exchange books, not the DEX pools our sampler measures.
The risk shape is the one every liquid-staking token carries: stETH is a claim on staked ETH, not ETH — it has traded visibly under par before (June 2022, when withdrawal uncertainty met a leverage unwind), and its value rests on Lido's validator set, Ethereum's exit queue, and the redemption machinery that ultimately anchors it. A rebase token also confuses some wallets, DeFi pools and tax tools — the count in your balance literally changes daily, which is exactly the friction its wrapped sibling wstETH exists to remove.
FAQ
Which is bigger, CRVUSD or STETH?
By tracked market cap: CRVUSD (Ethereum) measures $217.72M and STETH (Ethereum) measures $26.25B — dated snapshots, not a live feed.
Which is safer, CRVUSD or STETH?
On the contract checks we publish: CRVUSD (Ethereum) grades B and STETH (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have CRVUSD and STETH performed over the shared window?
Between 2026-09-08 and 2026-09-26T18:07:24, the measured snapshots show CRVUSD at +0.05% and STETH at +1.45%.
More comparisons
FWWETH vs CRVUSDCRVUSD vs SASHIMIWBTC vs CRVUSDUSDC vs CRVUSDSTETH vs NODASTETH vs GALABETSTETH vs ETHSTETH vs FWWBTC
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, 2026-09-08→2026-09-26T18:07:24; 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 HostDeFi product.