HostCRVUSD vs MSUSD — price, size and safety, side by side
CRVUSD (Ethereum) vs MSUSD (Base) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-26 / 2026-09-27.
CRVUSD vs MSUSD — normalized performance, 2026-09-08 to 2026-09-26T18:07:24
| CRVUSD | MSUSD | |
|---|---|---|
| Price | $1.00 | $0.8929 |
| Market cap | $217.72M | $46.17M |
| 24h volume | $7.74M | $845.54K |
| Liquidity | $198.17M | $3.41M |
| FDV | $2.10B | $17.09M |
| Holders | 95,213 | 5,541 |
| Age (days) | 1,222 | 656 |
| Safety grade | B | B |
Where they differ
- CRVUSD measures ~4.7× the market cap of MSUSD
- CRVUSD measures ~58× the liquidity of MSUSD
- CRVUSD measures ~9.2× the 24h volume of MSUSD
- CRVUSD measures ~17× the holder count of MSUSD
- over the shared window CRVUSD moved +0.05% while MSUSD moved +29.0%
What the data says
CRVUSD
CRVUSD is Curve's own stablecoin — minted against collateral deposited into Curve's LLAMMA system, which liquidates gradually across a price band instead of in a single cliff, the design that made it the DeFi stable built for volatile collateral. The deployment 0xf939e0a03fb07f59a73314e73794be0e57ac1b4e is the Ethereum mint; our September 26, 2026 snapshot reads $198.2 million of tracked pool liquidity.
The honest mechanics: LLAMMA's soft-liquidation is genuinely novel — collateral converts to crvUSD gradually as price falls, cushioning the cliff-edge failure mode other CDP systems have. The trade-off is that the peg's quality is a function of Curve's collateral book and liquidation engine rather than a fiat reserve — verifiable on-chain, never guaranteed.
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 $3.4 million of pool liquidity as of September 27, 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, CRVUSD or MSUSD?
By tracked market cap: CRVUSD (Ethereum) measures $217.72M and MSUSD (Base) measures $46.17M — dated snapshots, not a live feed.
Which is safer, CRVUSD or MSUSD?
On the contract checks we publish: CRVUSD (Ethereum) grades B and MSUSD (Base) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have CRVUSD and MSUSD performed over the shared window?
Between 2026-09-08 and 2026-09-26T18:07:24, the measured snapshots show CRVUSD at +0.05% and MSUSD at +29.0%.
More comparisons
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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, 2026-09-08→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.