HostSUSDE vs CIRBTC — price, size and safety, side by side
SUSDE (Ethereum) vs CIRBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-16.
SUSDE vs CIRBTC — normalized performance, 2026-09-21 to 2026-10-16T21:15:32
| SUSDE | CIRBTC | |
|---|---|---|
| Price | $1.25 | $81.76K |
| Market cap | $1.24B | $510.75M |
| 24h volume | $1.49M DEX | $3.93M DEX |
| Liquidity | $26.10M | $19.63M |
| FDV | $1.24B | $73.19M |
| Holders | 12,112 | — |
| Age (days) | 488 | 23 |
| Safety grade | E | B |
Where they differ
- SUSDE measures ~2.4× the market cap of CIRBTC
- CIRBTC measures ~2.6× the 24h volume of SUSDE
What the data says
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.
CIRBTC
CIRBTC — "Circle Wrapped Bitcoin" on Ethereum, contract 0x72dfb2e44f59c5ad2bafe84314e5b99a7cd5075e — is a token trading at $81,230 per unit — essentially bitcoin's spot price — with an enormous $19.6 million liquidity pool, ~$10.7 million of daily volume, and a $510.8 million market cap across a 948.75-unit circulating supply in the October 9, 2026 snapshot.
The critical question is the name's claim: Circle issues USDC and EURC, and as of this row's data no widely-documented "Circle Wrapped Bitcoin" product exists — Coinbase's cbBTC and BitGo's WBTC are the dominant wrappers. A token pricing itself at BTC's value while claiming Circle issuance is either an emerging legitimate product or a premium-grade impersonation, and the difference is everything.
FAQ
Which is bigger, SUSDE or CIRBTC?
By tracked market cap: SUSDE (Ethereum) measures $1.24B and CIRBTC (Ethereum) measures $510.75M — dated snapshots, not a live feed.
Which is safer, SUSDE or CIRBTC?
On the contract checks we publish: SUSDE (Ethereum) grades E and CIRBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have SUSDE and CIRBTC performed over the shared window?
Between 2026-09-21 and 2026-10-16T21:15:32, the measured snapshots show SUSDE at +0.02% and CIRBTC at +0.65%.
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→2026-10-16T21:15:32; 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.