SUSDE (Ethereum) vs LINK (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 | LINK | |
|---|---|---|
| Price | $1.26 | $14.30 |
| Market cap | $1.32B | $9.76B |
| 24h volume | $1.53M | $2.58M |
| Liquidity | $24.55M | $24.03M |
| FDV | $1.32B | $13.05B |
| Holders | 12,154 | 919,439 |
| Age (days) | 473 | 1,727 |
| Safety grade | E | A |
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.
LINK is Chainlink's token — the asset that pays the oracle network most of DeFi runs on, making it one of the few crypto tokens tied to infrastructure the market actually uses every block. The deployment 0x514910771af9ca656af840dff83e8264ecf986ca is the canonical mint; our September 26, 2026 snapshot reads $24.0 million of tracked pool liquidity on this pair set — a fraction of a float spread across every venue that lists it.
The honest shape: LINK's value thesis is payment for oracle services plus stake in the network's security model, so it carries a real-usage floor most tokens lack — and a valuation that has always run ahead of the fees the network actually collects. It is infrastructure exposure, not a cashflow claim, and the gap between "most-used oracle" and "token captures that usage" is the open question its holders are betting on.
By tracked market cap: SUSDE (Ethereum) measures $1.32B and LINK (Ethereum) measures $9.76B — dated snapshots, not a live feed.
On the contract checks we publish: SUSDE (Ethereum) grades E and LINK (Ethereum) grades A. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-08 and 2026-09-26T18:07:24, the measured snapshots show SUSDE at −0.04% and LINK at +14.4%.
SUSDE vs ETHFRXUSD vs SUSDESUSDE vs USD1UNI vs SUSDELINK vs USD1ETH vs LINKLINK vs AAVEFRXUSD vs LINK
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.