HostALUSD vs MSUSD — price, size and safety, side by side
ALUSD (Optimism) vs MSUSD (Base) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-15 / 2026-11-13.
ALUSD vs MSUSD — normalized performance, 2026-09-21 to 2026-11-13T12:15:58
| ALUSD | MSUSD | |
|---|---|---|
| Price | $0.9622 | $0.8095 |
| Market cap | $10.41M | $42.44M |
| 24h volume | $127.49K all venues | $1.85M all venues |
| Liquidity | $361.79K | $1.61M |
| FDV | $2.03M | $14.59M |
| Holders | 5,630 | 5,519 |
| Age (days) | 1,181 | 671 |
| Safety grade | B | B |
Where they differ
- MSUSD measures ~4.1× the market cap of ALUSD
- MSUSD measures ~4.5× the liquidity of ALUSD
- MSUSD measures ~14× the 24h volume of ALUSD
- over the shared window ALUSD moved +0.88% while MSUSD moved −9.25%
What the data says
ALUSD
ALUSD at 0xcb8fa9a76b8e203d8c3797bf438d8fb81ea3326a is Alchemix's USD on Optimism — the dollar that backs the protocol's self-repaying loan structure, where deposited collateral's yield amortizes the borrow. The November 6, 2026 snapshot prices a $10.4 million asset-wide market cap against a $2.0 million fully-diluted read of the local float of 1.7 million units — a small Optimism slice of a multi-chain stable.
The local book is deeper than it looks and quieter than it should be: $362 thousand of tracked depth reads deep against that float, while $1.9 thousand of 24-hour volume is a nearly dormant tape — the pool exists; the flow mostly does not. For an exit-sized holder that pairing is the real information: depth on paper, and a tape that rarely tests it.
MSUSD
msUSD is Metronome Synth's synthetic dollar — you deposit volatile collateral (ETH, BTC wrappers) into the Synth engine and mint dollar-denominated synthetic positions against it. The contract 0x526728dbc96689597f85ae4cd716d4f7fccbae9d is the Base deployment our scan tracks, at $1.6 million of pool liquidity as of November 6, 2026.
The honest note, stated plainly: a synthetic dollar is not a stablecoin — msUSD can and does trade off its one-dollar mark (our current read shows it well below), because its price is set by pool dynamics and mint-redemption incentives, not by an issuer redeeming at par. That is a different risk class from USDC or USDT — hold it as a leveraged-collateral instrument, not as cash.
FAQ
Which is bigger, ALUSD or MSUSD?
By tracked market cap: ALUSD (Optimism) measures $10.41M and MSUSD (Base) measures $42.44M — dated snapshots, not a live feed.
Which is safer, ALUSD or MSUSD?
On the contract checks we publish: ALUSD (Optimism) grades B and MSUSD (Base) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have ALUSD and MSUSD performed over the shared window?
Between 2026-09-21 and 2026-11-13T12:15:58, the measured snapshots show ALUSD at +0.88% and MSUSD at −9.25%.
More comparisons
ALUSD vs CRVALUSD vs GOHOMEMON vs ALUSDALUSD vs VIRTUALMSUSD vs MORPHOMETH vs MSUSDMSUSD vs ONDOELEVATE vs MSUSD
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→2026-11-13T12:15:58; 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.