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FWA vs SUSDE — price, size and safety, side by side

FWA (Ethereum) vs SUSDE (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-17T20:24:07 / 2026-09-17T20:24:07.

FWAB

$0.0271
Fake World Assets on Ethereum
Trade FWA
vs

SUSDEB

$1.24
Staked USDe on Ethereum
Trade SUSDE

FWA vs SUSDE — normalized performance, 2026-09-15T19:06:11 to 2026-09-17T20:24:07

100 — shared start
FWA 0.00%  ·  SUSDE +0.29% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
FWASUSDE
Price$0.0271$1.24
Market cap
24h volume$1.66M$973.42K
Liquidity$1.13M$1.11M
FDV
Holders
Age (days)32466
Safety gradeBB

Where they differ

What the data says

FWA

There's a small gap on this page — FWA's contract flags weren't fully confirmed as of 2026-08-17. So it's best treated as unconfirmed rather than assumed clean, and the scanner above reads it live in a couple of seconds before you trade.

By the numbers, FWA is showing deep liquidity of $1.13M and 32 days old as of 2026-08-17. Treat $1.13M as the room your trade has to work in — the smaller the pool relative to your size, the more your own order moves the price.

Full FWA safety read →

SUSDE

sUSDe is the yield-bearing half of Ethena's system — USDe locked in the staking contract, accruing the funding-rate and staking yield the delta-neutral hedge generates. That is why it trades above a dollar ($1.24 at our September 14, 2026 read): the price is the receipt appreciating, not a peg. The contract 0x9d39a5de30e57443bff2a8307a4256c8797a3497 is the canonical Ethereum deployment; tracked pool liquidity reads $1.1 million.

The honest mechanics: holding sUSDe means opting into the full Ethena stack — the basis-trade carry (which can go negative), the offshore-exchange custody of the hedge, plus a ~7-day unstaking cooldown on the way out. The cooldown matters in stress: sUSDe can trade at a discount to its accrued value precisely when everyone wants the exit at once. None of this is hypothetical — it is the price of the yield.

Full SUSDE safety read →

FAQ

Which is bigger, FWA or SUSDE?

By tracked market cap: FWA (Ethereum) measures — and SUSDE (Ethereum) measures — — dated snapshots, not a live feed.

Which is safer, FWA or SUSDE?

On the contract checks we publish: FWA (Ethereum) grades B and SUSDE (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.

How have FWA and SUSDE performed over the shared window?

Between 2026-09-15T19:06:11 and 2026-09-17T20:24:07, the measured snapshots show FWA at 0.00% and SUSDE at +0.29%.

More comparisons

FWA vs RYYFWA vs FKBFWA vs CRDFWA vs RDKSUSDE vs RYYSUSDE vs FKBSUSDE vs CRDSUSDE vs RDK

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, 2026-09-15T19:06:11→2026-09-17T20:24:07; 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.