HostUSDG vs APXUSD — price, size and safety, side by side
USDG (Solana) vs APXUSD (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.
USDG vs APXUSD — normalized performance, 2026-09-08 to 2026-10-17T03:15:24
| USDG | APXUSD | |
|---|---|---|
| Price | $0.9998 | $0.9859 |
| Market cap | $670.45M | $314.83M |
| 24h volume | $78.86M DEX | $2.45M DEX |
| Liquidity | $41.19M | $12.85M |
| FDV | $670.45M | $296.86M |
| Holders | 21,226 | 1,868 |
| Age (days) | — | 71 |
| Safety grade | A | B |
Where they differ
- USDG measures ~2.1× the market cap of APXUSD
- USDG measures ~3.2× the liquidity of APXUSD
- USDG measures ~32× the 24h volume of APXUSD
- USDG measures ~11× the holder count of APXUSD
What the data says
USDG
USDG is Paxos's second dollar — the newer stablecoin issued under the same regulated umbrella as PYUSD, but built for the Global Dollar Network, a consortium where the yield on reserves gets shared with the institutions distributing it rather than kept whole by the issuer. On Solana it landed where stablecoins actually move: our October 6, 2026 snapshot shows a market cap of about $670.5 million against 21,226 tracked holders and $41.2 million of on-chain pool liquidity — the deepest profile in this batch, and the reason it grades 100/100.
The honest reading of that grade: a regulated issuer with attested reserves is exactly what the contract side wants, and the distribution deal is why exchanges list it — the incentive that made USDT and USDC entrenched is pointed at growth here. The residual is that "regulated" is a jurisdiction's word for centralized controls: the issuer can freeze balances, and that is a property of the asset, not a defect.
APXUSD
apxUSD on Ethereum — the synthetic, yield-bearing dollar associated with the APX/Aster perpetuals ecosystem — at contract 0x98a878b1cd98131b271883b390f68d2c90674665. The October 9, 2026 snapshot records about $12.9 million of tracked Ethereum-side liquidity.
Two structures to understand here. First the instrument: apxUSD is not a fiat-backed stablecoin — its backing is a trading strategy (funding-rate/basis exposure run by the issuer), which means the peg's reliability is a function of strategy performance rather than redeemable reserves. Second the venue: apxUSD's home is BNB Chain where Aster's perp business runs; the Ethereum deployment is a secondary venue, and the liquidity on this chain is what you actually trade against.
FAQ
Which is bigger, USDG or APXUSD?
By tracked market cap: USDG (Solana) measures $670.45M and APXUSD (Ethereum) measures $314.83M — dated snapshots, not a live feed.
Which is safer, USDG or APXUSD?
On the contract checks we publish: USDG (Solana) grades A and APXUSD (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have USDG and APXUSD performed over the shared window?
Between 2026-09-08 and 2026-10-17T03:15:24, the measured snapshots show USDG at −0.01% and APXUSD at +1.78%.
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.