HostRLUSD vs SUSDE — price, size and safety, side by side
RLUSD (Ethereum) vs SUSDE (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-17.
RLUSD vs SUSDE — normalized performance, 2026-09-08 to 2026-10-17T03:15:24
| RLUSD | SUSDE | |
|---|---|---|
| Price | $0.9995 | $1.25 |
| Market cap | $2.47B | $1.24B |
| 24h volume | $10.01M DEX | $1.49M DEX |
| Liquidity | $38.09M | $26.10M |
| FDV | $1.30B | $1.24B |
| Holders | 12,684 | 12,112 |
| Age (days) | 70 | 488 |
| Safety grade | B | E |
Where they differ
- RLUSD measures ~2.0× the market cap of SUSDE
- RLUSD measures ~6.7× the 24h volume of SUSDE
What the data says
RLUSD
RLUSD is Ripple's dollar — the stablecoin Ripple built on its institutional distribution, aimed at the same regulated-treasury ground as USDC and PYUSD but arriving with an exchange network behind it. The deployment 0x8292bb45bf1ee4d140127049757c2e0ff06317ed is the Ethereum mint; our October 9, 2026 snapshot reads $38.1 million of tracked pool liquidity.
The honest shape: RLUSD's reserve is the standard fiat-backed structure — cash and equivalents with attestations — so its risk profile is issuer-shaped (Ripple's solvency, NYDFS oversight, redemption terms) rather than exotic. What distinguishes it is distribution: Ripple's existing payment rails give it corridor utility most new stablecoins lack, though on pure DeFi depth it still trails the majors by an order of magnitude.
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 October 6, 2026 read): the price is the receipt appreciating, not a peg. The contract 0x9d39a5de30e57443bff2a8307a4256c8797a3497 is the canonical Ethereum deployment; tracked pool liquidity reads $26.1 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.
FAQ
Which is bigger, RLUSD or SUSDE?
By tracked market cap: RLUSD (Ethereum) measures $2.47B and SUSDE (Ethereum) measures $1.24B — dated snapshots, not a live feed.
Which is safer, RLUSD or SUSDE?
On the contract checks we publish: RLUSD (Ethereum) grades B and SUSDE (Ethereum) grades E. A grade is a structural check on the contract, not a promise about the asset.
How have RLUSD and SUSDE performed over the shared window?
Between 2026-09-08 and 2026-10-17T03:15:24, the measured snapshots show RLUSD at +0.34% and SUSDE at +0.90%.
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→2026-10-17T03:15:24; 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.