HostWSTETH vs TBTC — price, size and safety, side by side
WSTETH (Ethereum) vs TBTC (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.
WSTETH vs TBTC — normalized performance, 2026-09-08 to 2026-10-17T03:15:24
| WSTETH | TBTC | |
|---|---|---|
| Price | $3.02K | $82.91K |
| Market cap | $11.49B | $358.59M |
| 24h volume | $11.82M DEX | $1.05M DEX |
| Liquidity | $48.32M | $26.99M |
| FDV | $11.44B | $358.59M |
| Holders | 39,244 | 25,280 |
| Age (days) | 386 | 886 |
| Safety grade | B | B |
Where they differ
- WSTETH measures ~32× the market cap of TBTC
- WSTETH measures ~1.8× the liquidity of TBTC
- WSTETH measures ~11× the 24h volume of TBTC
- WSTETH measures ~1.6× the holder count of TBTC
- over the shared window WSTETH moved −1.78% while TBTC moved +6.55%
What the data says
WSTETH
wstETH is stETH made legible to DeFi — the same claim on Lido-staked Ether, wrapped so the balance stops moving: where stETH re-bases your token count upward each day, wstETH holds a fixed count and lets the exchange rate against stETH do the appreciating. That is the shape lending markets, bridges and LPs need, which is why the contract at 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 became the canonical collateral form — our October 9, 2026 snapshot reads $48.3 million of tracked pool liquidity on it.
The verdict therefore inherits stETH's, plus one wrapper-layer note. You hold a claim on staked ETH via Lido — subject to its validator set, Ethereum's exit queue, and stETH's own depeg memory (June 2022, when it traded visibly under par) — and the price shown for wstETH is stETH's price times a steadily growing conversion rate, so it will always quote above ETH while tracking correctly. Nothing about that is a defect; it is the mechanic to understand before reading the quote as a premium.
TBTC
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our October 6, 2026 snapshot reads $27.0 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
FAQ
Which is bigger, WSTETH or TBTC?
By tracked market cap: WSTETH (Ethereum) measures $11.49B and TBTC (Ethereum) measures $358.59M — dated snapshots, not a live feed.
Which is safer, WSTETH or TBTC?
On the contract checks we publish: WSTETH (Ethereum) grades B and TBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have WSTETH and TBTC performed over the shared window?
Between 2026-09-08 and 2026-10-17T03:15:24, the measured snapshots show WSTETH at −1.78% and TBTC at +6.55%.
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.