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WSTETH vs PYUSD — price, size and safety, side by side

WSTETH (Ethereum) vs PYUSD (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.

WSTETHB

$3.16K
Wrapped liquid staked Ether 2.0 on Ethereum
Trade WSTETH
vs

PYUSDB

$1.00
PayPal USD on Ethereum
Trade PYUSD

WSTETH vs PYUSD — normalized performance, 2026-09-08 to 2026-09-17T20:24:07

100 — shared start
WSTETH +2.86%  ·  PYUSD +0.33% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
WSTETHPYUSD
Price$3.16K$1.00
Market cap
24h volume$3.25M$59.49M
Liquidity$89.73M$99.93M
FDV
Holders
Age (days)361245
Safety gradeBB

Where they differ

What the data says

WSTETH

wstETH is the same bet as stETH, wrapped so DeFi can handle it: rather than rebasing daily, the token holds a fixed count that appreciates against stETH as rewards accrue — the shape lending markets, bridges and LPs prefer. The contract at 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 is the canonical deployment; our September 14, 2026 snapshot reads $89.7 million of tracked pool liquidity.

Everything honest about stETH applies here — it is a claim on staked ETH through Lido, with the same depeg memory and the same dependence on the exit queue — plus one wrapper-level note: the price shown for wstETH is not the ETH price, it is stETH's value times a growing exchange rate, so it will always quote higher and still be "tracking" correctly.

Full WSTETH safety read →

PYUSD

PYUSD is what a stablecoin looks like when it's built for regulators first and DeFi second. PayPal USD is issued not by PayPal directly but by Paxos Trust Company, a New York–chartered trust supervised by NYDFS, with reserves held in dollar deposits, U.S. Treasuries, and equivalents, attested monthly. The Ethereum deployment lives at 0x6c3ea9036406852006290770bedfcaba0e23a0e8, where HostDeFi's September 16, 2026 snapshot records roughly $100 million of tracked pool liquidity and $11 million of daily on-chain volume — modest next to USDC or USDT, in keeping with a coin whose primary life is inside PayPal and Venmo balances rather than on DEXes.

Read the contract powers through the regulated-issuer lens or you'll misread them as red flags. PYUSD's contract can mint (against dollars in), burn (against dollars out), pause transfers entirely, and freeze or even wipe balances at specific addresses under Paxos's asset-protection role. On an anonymous token, that list is a rug in waiting; here it is the legally mandated toolkit of a New York trust company, and NYDFS supervision is precisely the reason those powers exist. The trade you make holding PYUSD is explicit: maximum issuer accountability, in exchange for maximum issuer control.

Full PYUSD safety read →

FAQ

Which is bigger, WSTETH or PYUSD?

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

Which is safer, WSTETH or PYUSD?

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

How have WSTETH and PYUSD performed over the shared window?

Between 2026-09-08 and 2026-09-17T20:24:07, the measured snapshots show WSTETH at +2.86% and PYUSD at +0.33%.

More comparisons

WSTETH vs RYYWSTETH vs FKBWSTETH vs CRDWSTETH vs RDKPYUSD vs RYYPYUSD vs FKBPYUSD vs CRDPYUSD 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, 2026-09-08→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.