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++ | 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 |
| Holders | 2,713 | 6,036 |
| Age (days) | 528 | 516 |
| Safety grade | B | B |
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 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.
By tracked market cap: USD0++ (Ethereum) measures $498.06M and MSETH (Base) measures $42.67M — dated snapshots, not a live feed.
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.
Between 2026-09-08 and 2026-11-13T12:15:58, the measured snapshots show USD0++ at +0.21% and MSETH at −19.1%.
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.