HostSUSDE vs AAVE — price, size and safety, side by side
SUSDE (Ethereum) vs AAVE (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-26.
SUSDE vs AAVE — normalized performance, 2026-09-08 to 2026-09-26T18:07:24
| SUSDE | AAVE | |
|---|---|---|
| Price | $1.26 | $155.43 |
| Market cap | $1.32B | $2.26B |
| 24h volume | $1.53M | $3.93M |
| Liquidity | $24.55M | $23.28M |
| FDV | $1.32B | $2.34B |
| Holders | 12,154 | 188,683 |
| Age (days) | 473 | 1,727 |
| Safety grade | E | B |
Where they differ
- AAVE measures ~1.7× the market cap of SUSDE
- AAVE measures ~2.6× the 24h volume of SUSDE
- AAVE measures ~16× the holder count of SUSDE
- over the shared window SUSDE moved −0.04% while AAVE moved +17.9%
What the data says
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 September 27, 2026 read): the price is the receipt appreciating, not a peg. The contract 0x9d39a5de30e57443bff2a8307a4256c8797a3497 is the canonical Ethereum deployment; tracked pool liquidity reads $24.5 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.
AAVE
AAVE is the token of DeFi's biggest lending protocol — the asset that secures Aave's safety module and governs the money market that's been clearing loans continuously since ETHLend in 2017. The deployment 0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9 is the canonical mint; our September 26, 2026 snapshot reads $23.3 million of tracked pool liquidity on this pair set — thin against a float that trades everywhere.
The honest shape: AAVE's thesis is unusually concrete for a governance token — stakers backstop protocol shortfalls with their own stake, so the token is literally collateral for the system's solvency, which ties its value to Aave's actual revenue and risk book rather than pure governance vibes. That makes it closer to a productive asset than most of this index — with the caveat that "productive" here still means "exposed to one protocol's loan book."
FAQ
Which is bigger, SUSDE or AAVE?
By tracked market cap: SUSDE (Ethereum) measures $1.32B and AAVE (Ethereum) measures $2.26B — dated snapshots, not a live feed.
Which is safer, SUSDE or AAVE?
On the contract checks we publish: SUSDE (Ethereum) grades E and AAVE (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have SUSDE and AAVE performed over the shared window?
Between 2026-09-08 and 2026-09-26T18:07:24, the measured snapshots show SUSDE at −0.04% and AAVE at +17.9%.
More comparisons
SUSDE vs ETHFRXUSD vs SUSDESUSDE vs LINKSUSDE vs USD1USD1 vs AAVELINK vs AAVEETH vs AAVEFRXUSD vs AAVE
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.