CBETH (Base) vs USD0++ (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-14 / 2026-11-13.
| CBETH | USD0++ | |
|---|---|---|
| Price | $2.21K | $0.9736 |
| Market cap | $451.70M | $498.06M |
| 24h volume | $15.94M all venues | $8.48M all venues |
| Liquidity | $2.05M | $5.28M |
| FDV | $236.46M | $497.44M |
| Holders | 204,617 | 2,713 |
| Age (days) | 270 | 528 |
| Safety grade | B | B |
cbETH is Coinbase Wrapped Staked ETH — a liquid staking receipt where Coinbase runs the validators, the wrapper accrues staking yield as a rising exchange rate against ETH, and the custodian is a public company. The contract 0x2ae3f1ec7f1f5012cfeab0185bfc7aa3cf0dec22 is the canonical Base deployment; our November 6, 2026 read shows $2.0 million of tracked pool liquidity, with its deepest venues on Base's native DEXes.
The honest framing: cbETH is centralized by design — a single regulated issuer who can, and legally must be able to, freeze the contract. That is a feature if you want a compliance-clean staking receipt and a bug if you measure decentralization. The other real note: cbETH's price is not ETH's price — it trades on its own wrapper rate, and secondary-market discounts have opened in stress before.
USD0++ is Usual Protocol's bonded T-bill — the yield-bearing form of its USD0 stablecoin, structured as a liquid bond that locks the underlying for a term and pays boosted yield for the commitment. The deployment 0x35d8949372d46b7a3d5a56006ae77b215fc69bc0 is the mint; our November 6, 2026 snapshot reads $5.3 million of tracked pool liquidity.
The honest mechanics: the "++" is duration — USD0++ trades instant redeemability for a locked term in exchange for protocol yield, which means it can and does trade below the dollar value of the USD0 inside it when the market marks that lock-up at a discount. A holder isn't buying a stablecoin; they're buying a bond with a market price.
By tracked market cap: CBETH (Base) measures $451.70M and USD0++ (Ethereum) measures $498.06M — dated snapshots, not a live feed.
On the contract checks we publish: CBETH (Base) grades B and USD0++ (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-14 and 2026-11-07T18:16:33, the measured snapshots show CBETH at −11.1% and USD0++ at +0.21%.
SHIB vs CBETHCBETH vs SYRUPUSDCPENGU vs CBETHCBETH vs USDTSPX vs USD0++USD0++ vs JLPAERO vs USD0++USD0++ vs LBTC
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, 2026-09-14→2026-11-07T18:16:33; 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.