CRVUSD (Ethereum) vs SQD (Arbitrum) — 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 | SQD | |
|---|---|---|
| Price | $1.00 | $0.03036 |
| Market cap | $217.72M | $39.68M |
| 24h volume | $7.74M | $3.38K |
| Liquidity | $198.17M | $226.13K |
| FDV | $2.10B | $40.29M |
| Holders | 95,213 | 17,095 |
| Age (days) | 1,222 | 809 |
| Safety grade | B | D |
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.
SQD at 0x1337420ded5adb9980cfc35f8f2b054ea86f8ab1 — Subsquid — is the Arbitrum deployment of the blockchain data-network token, 809 days into its record at the September 27, 2026 snapshot. The $39.7 million market cap prices nearly all of the $40.3 million fully-diluted figure on 1.3 billion units — the float is essentially out.
The book is thin for the cap: $226.1 thousand of tracked depth on $14.9 thousand of 24-hour volume — a held-token profile. Contract-level controls were not assessed in this snapshot.
By tracked market cap: CRVUSD (Ethereum) measures $217.72M and SQD (Arbitrum) measures $39.68M — dated snapshots, not a live feed.
On the contract checks we publish: CRVUSD (Ethereum) grades B and SQD (Arbitrum) grades D. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-21 and 2026-09-26T18:07:24, the measured snapshots show CRVUSD at −0.10% and SQD at +9.76%.
FWWETH vs CRVUSDCRVUSD vs SASHIMIWBTC vs CRVUSDUSDC vs CRVUSDUNIBTC vs SQDLASO vs SQDSQD vs CRVSQD vs RHEA
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.