HostZCHF vs MKR — price, size and safety, side by side
ZCHF (Ethereum) vs MKR (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-16 / 2026-10-16.
ZCHF vs MKR — normalized performance, 2026-09-29 to 2026-10-16T21:15:32
| ZCHF | MKR | |
|---|---|---|
| Price | $1.20 | $1.61K |
| Market cap | $37.38M | — |
| 24h volume | $750.29K DEX | $140.63K DEX |
| Liquidity | $1.41M | $1.31M |
| FDV | $37.38M | $146.77M |
| Holders | 2,121 | 75,008 |
| Age (days) | 951 | 1,813 |
| Safety grade | D | D |
Where they differ
- ZCHF measures ~5.3× the 24h volume of MKR
- MKR measures ~35× the holder count of ZCHF
- over the shared window ZCHF moved −0.12% while MKR moved −5.99%
What the data says
ZCHF
Frankencoin (ZCHF) is a Swiss-franc stablecoin minted against overcollateralized positions — and unusually, its design lets anyone propose a new collateral type and bootstrap a minting position through a challenge-auction process, without leaning on the price-oracle dependency most stablecoins need. The contract 0xb58e61c3098d85632df34eecfb899a1ed80921cb is the mainnet deployment; our October 6, 2026 read shows $1.4 million of tracked liquidity.
The honest read: ZCHF is one of the more genuinely decentralized stablecoin designs in production — the trade-off is that demand for a Swiss-franc unit on-chain is structurally niche, and the system's safety rests on challenge auctions actually attracting challengers when collateral goes bad. Small, quirky, and technically interesting — treat it as a design experiment that works, not a deep-liquidity vehicle.
MKR
MKR — 0x9f8f72aa9304c8b593d555f12ef6589cc3a579a2 — is MakerDAO's governance token, caught mid-story: the protocol rebranded to Sky and re-denominated its governance asset (MKR → SKY at 1:24,000) while both tickers trade. This row tracks the original MKR contract — still live, still convertible — which makes its snapshot numbers read strange to anyone who doesn't know the migration is running.
The October 9, 2026 snapshot reads an $146.8 million fully-diluted value and $1.3 million of tracked depth against 75,008 holders — and a top-10 concentration of 197%, a number that is impossible on its face. Concentration over 100% is not a hidden whale; it is the snapshot double-counting supply that is mid-migration between the two tickers, an honest artifact of measuring a token that is half-converted.
FAQ
Which is bigger, ZCHF or MKR?
By tracked market cap: ZCHF (Ethereum) measures $37.38M and MKR (Ethereum) measures — — dated snapshots, not a live feed.
Which is safer, ZCHF or MKR?
On the contract checks we publish: ZCHF (Ethereum) grades D and MKR (Ethereum) grades D. A grade is a structural check on the contract, not a promise about the asset.
How have ZCHF and MKR performed over the shared window?
Between 2026-09-29 and 2026-10-16T21:15:32, the measured snapshots show ZCHF at −0.12% and MKR at −5.99%.
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, 2026-09-29→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.