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OP vs ALUSD — price, size and safety, side by side

OP (Optimism) vs ALUSD (Optimism) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-15 / 2026-10-15.

OPB

$0.1415
Optimism on Optimism
Trade OP
vs

ALUSDB

$0.949
Alchemix USD on Optimism
Trade ALUSD

OP vs ALUSD — normalized performance, 2026-09-21 to 2026-10-15T21:43:45

100 — shared start
OP +8.72%  ·  ALUSD −0.74% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
OPALUSD
Price$0.1415$0.949
Market cap$282.95M$9.99M
24h volume$2.97M DEX$1.92K DEX
Liquidity$1.21M$1.14M
FDV$528.47M$1.61M
Holders1,370,0955,630
Age (days)1,6161,181
Safety gradeBB

Where they differ

What the data says

OP

OP at 0x4200000000000000000000000000000000000042 is the Optimism Collective's governance token — the canonical OP Mainnet deployment sitting in the chain's own vanity address space, not a bridged copy. The October 9, 2026 snapshot counts 1,370,095 holders around a $283.0 million market cap, $528.5 million fully diluted against a 4.3 billion total supply — the gap between the two figures is the unissued allocation the Collective still holds.

The contract posture is worth quoting exactly. Minting is still active — new supply can be minted, consistent with OP's ongoing distribution schedule. Freeze is revoked, and the code is not a proxy. Depth is the soft spot: $1.2 million of tracked pool liquidity is thin against a nine-figure cap, and $2.8 million of 24-hour volume means ordinary exits clear but size should be measured against the pool, not the headline.

ALUSD

ALUSD at 0xcb8fa9a76b8e203d8c3797bf438d8fb81ea3326a is Alchemix's USD on Optimism — the dollar that backs the protocol's self-repaying loan structure, where deposited collateral's yield amortizes the borrow. The October 6, 2026 snapshot prices a $10.0 million asset-wide market cap against a $1.6 million fully-diluted read of the local float of 1.7 million units — a small Optimism slice of a multi-chain stable.

The local book is deeper than it looks and quieter than it should be: $1.1 million of tracked depth reads deep against that float, while $1.9 thousand of 24-hour volume is a nearly dormant tape — the pool exists; the flow mostly does not. For an exit-sized holder that pairing is the real information: depth on paper, and a tape that rarely tests it.

FAQ

Which is bigger, OP or ALUSD?

By tracked market cap: OP (Optimism) measures $282.95M and ALUSD (Optimism) measures $9.99M — dated snapshots, not a live feed.

Which is safer, OP or ALUSD?

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

How have OP and ALUSD performed over the shared window?

Between 2026-09-21 and 2026-10-15T21:43:45, the measured snapshots show OP at +8.72% and ALUSD at −0.74%.

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, 2026-09-21→2026-10-15T21:43:45; 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.