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USD0++ vs MSETH — price, size and safety, side by side

USD0++ (Ethereum) vs MSETH (Base) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-13 / 2026-11-14.

USD0++B

$0.9736
USD0 Liquid Bond on Ethereum
Trade USD0++
vs

MSETHB

$1.68K
Metronome Synth ETH on Base
Trade MSETH

USD0++ vs MSETH — normalized performance, 2026-09-08 to 2026-11-13T12:15:58

100 — shared start
USD0++ +0.21%  ·  MSETH −19.1% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
USD0++MSETH
Price$0.9736$1.68K
Market cap$498.06M$42.67M
24h volume$8.48M all venues$2.44M all venues
Liquidity$5.28M$2.26M
FDV$497.44M$18.04M
Holders2,7136,036
Age (days)528516
Safety gradeBB

Where they differ

What the data says

USD0++

USD0++ is Usual Protocol's bonded T-bill — the yield-bearing form of its USD0 stablecoin, structured as a liquid bond that locks the underlying for a term and pays boosted yield for the commitment. The deployment 0x35d8949372d46b7a3d5a56006ae77b215fc69bc0 is the mint; our November 6, 2026 snapshot reads $5.3 million of tracked pool liquidity.

The honest mechanics: the "++" is duration — USD0++ trades instant redeemability for a locked term in exchange for protocol yield, which means it can and does trade below the dollar value of the USD0 inside it when the market marks that lock-up at a discount. A holder isn't buying a stablecoin; they're buying a bond with a market price.

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.

FAQ

Which is bigger, USD0++ or MSETH?

By tracked market cap: USD0++ (Ethereum) measures $498.06M and MSETH (Base) measures $42.67M — dated snapshots, not a live feed.

Which is safer, USD0++ or MSETH?

On the contract checks we publish: USD0++ (Ethereum) grades B and MSETH (Base) grades B. A grade is a structural check on the contract, not a promise about the asset.

How have USD0++ and MSETH performed over the shared window?

Between 2026-09-08 and 2026-11-13T12:15:58, the measured snapshots show USD0++ at +0.21% and MSETH at −19.1%.

More comparisons

SPX vs USD0++USD0++ vs JLPAERO vs USD0++USD0++ vs LBTCMSETH vs PENGUMSETH vs SHIBMSETH vs CBETHMSETH vs SYRUPUSDC

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→2026-11-13T12:15:58; 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.