Open app

MSETH vs ALUSD — price, size and safety, side by side

MSETH (Base) vs ALUSD (Optimism) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-14 / 2026-11-15.

MSETHB

$1.68K
Metronome Synth ETH on Base
Trade MSETH
vs

ALUSDB

$0.9622
Alchemix USD on Optimism
Trade ALUSD

MSETH vs ALUSD — normalized performance, 2026-09-21 to 2026-11-14T21:16:23

100 — shared start
MSETH −29.5%  ·  ALUSD +0.98% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
MSETHALUSD
Price$1.68K$0.9622
Market cap$42.67M$10.41M
24h volume$2.44M all venues$127.49K all venues
Liquidity$2.26M$361.79K
FDV$18.04M$2.03M
Holders6,0365,630
Age (days)5161,181
Safety gradeBB

Where they differ

What the data says

MSETH

msETH is Metronome Synth's synthetic ether — a collateral-minted synthetic that tracks ETH's price through the Synth engine's mint-and-pool mechanics rather than by holding ether itself. The contract 0x7ba6f01772924a82d9626c126347a28299e98c98 is the Base deployment our scan tracks, at $2.3 million of pool liquidity as of November 6, 2026.

The honest note: msETH is not ETH and not a claim on ETH — synthetic assets trade at whatever the pool clears, which can sit far from the underlying's price (our current read has it at a steep discount to spot ether). Exposure through a synth is exposure to the synth's own liquidity and redemption mechanics first. If you want ETH on Base, bridged or wrapped ETH is the honest instrument; this is a different product.

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.

FAQ

Which is bigger, MSETH or ALUSD?

By tracked market cap: MSETH (Base) measures $42.67M and ALUSD (Optimism) measures $10.41M — dated snapshots, not a live feed.

Which is safer, MSETH or ALUSD?

On the contract checks we publish: MSETH (Base) grades B and ALUSD (Optimism) grades B. A grade is a structural check on the contract, not a promise about the asset.

How have MSETH and ALUSD performed over the shared window?

Between 2026-09-21 and 2026-11-14T21:16:23, the measured snapshots show MSETH at −29.5% and ALUSD at +0.98%.

More comparisons

MSETH vs PENGUMSETH vs SHIBMSETH vs CBETHMSETH vs SYRUPUSDCALUSD vs CRVALUSD vs GOHOMEMON vs ALUSDALUSD vs VIRTUAL

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→2026-11-14T21:16:23; 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.