HostALETH vs OP — price, size and safety, side by side
ALETH (Optimism) vs OP (Optimism) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-26.
ALETH vs OP — normalized performance, 2026-09-21 to 2026-09-26T18:07:24
| ALETH | OP | |
|---|---|---|
| Price | $2.63K | $0.1455 |
| Market cap | $22.14M | $299.40M |
| 24h volume | $16.97K | $2.83M |
| Liquidity | $2.41M | $1.07M |
| FDV | $4.56M | $559.19M |
| Holders | 4,140 | 1,370,841 |
| Age (days) | 1,181 | — |
| Safety grade | B | B |
Where they differ
- OP measures ~14× the market cap of ALETH
- ALETH measures ~2.2× the liquidity of OP
- OP measures ~167× the 24h volume of ALETH
- OP measures ~331× the holder count of ALETH
- over the shared window ALETH moved −0.83% while OP moved +11.8%
What the data says
ALETH
ALETH at 0x3e29d3a9316dab217754d13b28646b76607c5f04 is Alchemix's ETH claim on Optimism — the ether-denominated sibling of the protocol's self-repaying dollar, a receipt whose backing is a yield-bearing ETH position. The September 27, 2026 snapshot prices a $22.1 million asset-wide market cap against a $4.6 million fully-diluted read of the local float — and that float is just 1.7 thousand claims, a small book by any measure.
Inside the small book the depth is real: $2.4 million of tracked pool liquidity reads deep against the local float, on $68.1 thousand of 24-hour volume. The record runs 1,181 days — the same vintage as its dollar sibling, both surviving deployments of a protocol that has long since gone through its hype cycle.
OP
OP at 0x4200000000000000000000000000000000000042 is the Optimism Collective's governance token — the canonical OP Mainnet deployment sitting in the chain's own vanity address space, not a bridged copy. The September 26, 2026 snapshot counts 1,370,841 holders around a $299.4 million market cap, $559.2 million fully diluted against a 4.3 billion total supply — the gap between the two figures is the unissued allocation the Collective still holds.
The contract posture is worth quoting exactly. Minting is still active — new supply can be minted, consistent with OP's ongoing distribution schedule. Freeze is revoked, and the code is not a proxy. Depth is the soft spot: $1.1 million of tracked pool liquidity is thin against a nine-figure cap, and $2.8 million of 24-hour volume means ordinary exits clear but size should be measured against the pool, not the headline.
FAQ
Which is bigger, ALETH or OP?
By tracked market cap: ALETH (Optimism) measures $22.14M and OP (Optimism) measures $299.40M — dated snapshots, not a live feed.
Which is safer, ALETH or OP?
On the contract checks we publish: ALETH (Optimism) grades B and OP (Optimism) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have ALETH and OP performed over the shared window?
Between 2026-09-21 and 2026-09-26T18:07:24, the measured snapshots show ALETH at −0.83% and OP at +11.8%.
More comparisons
ALETH vs SAVAXALETH vs METAVSKHY vs ALETHALETH vs CBBTCCOINX vs OPJOE vs OPBAS vs OPAURA vs OP
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→2026-09-26T18:07:24; 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 NexFlow product.