NexCIRBTC vs SUSDE — price, size and safety, side by side
CIRBTC (Ethereum) vs SUSDE (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-13 / 2026-11-13.
CIRBTC vs SUSDE — normalized performance, 2026-09-20 to 2026-11-13T12:15:58
| CIRBTC | SUSDE | |
|---|---|---|
| Price | $69.82K | $1.25 |
| Market cap | $440.49M | $1.15B |
| 24h volume | $19.85M all venues | $5.69M all venues |
| Liquidity | $20.97M | $20.37M |
| FDV | $28.76M | $1.15B |
| Holders | — | 12,112 |
| Age (days) | 23 | 488 |
| Safety grade | B | E |
Where they differ
- SUSDE measures ~2.6× the market cap of CIRBTC
- CIRBTC measures ~3.5× the 24h volume of SUSDE
- over the shared window CIRBTC moved −14.0% while SUSDE moved +0.77%
What the data says
CIRBTC
CIRBTC — "Circle Wrapped Bitcoin" on Ethereum, contract 0x72dfb2e44f59c5ad2bafe84314e5b99a7cd5075e — is a token trading at $81,230 per unit — essentially bitcoin's spot price — with an enormous $21.0 million liquidity pool, ~$10.7 million of daily volume, and a $440.5 million market cap across a 948.75-unit circulating supply in the November 6, 2026 snapshot.
The critical question is the name's claim: Circle issues USDC and EURC, and as of this row's data no widely-documented "Circle Wrapped Bitcoin" product exists — Coinbase's cbBTC and BitGo's WBTC are the dominant wrappers. A token pricing itself at BTC's value while claiming Circle issuance is either an emerging legitimate product or a premium-grade impersonation, and the difference is everything.
SUSDE
sUSDe is the yield-bearing half of Ethena's system — USDe locked in the staking contract, accruing the funding-rate and staking yield the delta-neutral hedge generates. That is why it trades above a dollar ($1.24 at our November 6, 2026 read): the price is the receipt appreciating, not a peg. The contract 0x9d39a5de30e57443bff2a8307a4256c8797a3497 is the canonical Ethereum deployment; tracked pool liquidity reads $20.4 million.
The honest mechanics: holding sUSDe means opting into the full Ethena stack — the basis-trade carry (which can go negative), the offshore-exchange custody of the hedge, plus a ~7-day unstaking cooldown on the way out. The cooldown matters in stress: sUSDe can trade at a discount to its accrued value precisely when everyone wants the exit at once. None of this is hypothetical — it is the price of the yield.
FAQ
Which is bigger, CIRBTC or SUSDE?
By tracked market cap: CIRBTC (Ethereum) measures $440.49M and SUSDE (Ethereum) measures $1.15B — dated snapshots, not a live feed.
Which is safer, CIRBTC or SUSDE?
On the contract checks we publish: CIRBTC (Ethereum) grades B and SUSDE (Ethereum) grades E. A grade is a structural check on the contract, not a promise about the asset.
How have CIRBTC and SUSDE performed over the shared window?
Between 2026-09-20 and 2026-11-13T12:15:58, the measured snapshots show CIRBTC at −14.0% and SUSDE at +0.77%.
More comparisons
CIRBTC vs VVVCIRBTC vs PAXGCIRBTC vs PEPEGHO vs CIRBTCSUSDE vs VVVSUSDE vs PAXGSUSDE vs PEPESUSDE vs TRUMP
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, 2026-09-20→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.