HostDRV vs WSTETH — price, size and safety, side by side
DRV (Base) vs WSTETH (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-16 / 2026-10-17.
DRV vs WSTETH — normalized performance, 2026-09-20 to 2026-10-16T21:15:32
| DRV | WSTETH | |
|---|---|---|
| Price | $0.4083 | $3.02K |
| Market cap | $555.06M | $11.49B |
| 24h volume | $7.72M DEX | $11.82M DEX |
| Liquidity | $3.74M | $48.32M |
| FDV | $110.19M | $11.44B |
| Holders | 41,366 | 39,244 |
| Age (days) | 136 | 386 |
| Safety grade | B | B |
Where they differ
- WSTETH measures ~21× the market cap of DRV
- WSTETH measures ~13× the liquidity of DRV
- WSTETH measures ~1.5× the 24h volume of DRV
What the data says
DRV
DRV is the token of Derive — the on-chain options and perpetuals protocol that grew out of Lyra, one of crypto's oldest options venues. The contract 0x9d0e8f5b25384c7310cb8c6ae32c8fbeb645d083 is what our scan tracks: $3.7 million of pool liquidity as of October 9, 2026 on Base.
The honest framing: Derive is a real protocol with real derivatives volume, and the token's case ties to that usage — but on-chain options remain a niche that has repeatedly grown slower than its builders projected. DRV is a bet on the venue's volumes compounding, and the pool depth here is functional rather than deep, so size accordingly.
WSTETH
wstETH is stETH made legible to DeFi — the same claim on Lido-staked Ether, wrapped so the balance stops moving: where stETH re-bases your token count upward each day, wstETH holds a fixed count and lets the exchange rate against stETH do the appreciating. That is the shape lending markets, bridges and LPs need, which is why the contract at 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 became the canonical collateral form — our October 9, 2026 snapshot reads $48.3 million of tracked pool liquidity on it.
The verdict therefore inherits stETH's, plus one wrapper-layer note. You hold a claim on staked ETH via Lido — subject to its validator set, Ethereum's exit queue, and stETH's own depeg memory (June 2022, when it traded visibly under par) — and the price shown for wstETH is stETH's price times a steadily growing conversion rate, so it will always quote above ETH while tracking correctly. Nothing about that is a defect; it is the mechanic to understand before reading the quote as a premium.
FAQ
Which is bigger, DRV or WSTETH?
By tracked market cap: DRV (Base) measures $555.06M and WSTETH (Ethereum) measures $11.49B — dated snapshots, not a live feed.
Which is safer, DRV or WSTETH?
On the contract checks we publish: DRV (Base) grades B and WSTETH (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have DRV and WSTETH performed over the shared window?
Between 2026-09-20 and 2026-10-16T21:15:32, the measured snapshots show DRV at +2.91% and WSTETH at −1.02%.
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, 2026-09-20→2026-10-16T21:15:32; 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.