HostUSD0++ vs OP — price, size and safety, side by side
USD0++ (Ethereum) vs OP (Optimism) — 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.
USD0++ vs OP — normalized performance, 2026-09-21 to 2026-09-26T18:07:24
| USD0++ | OP | |
|---|---|---|
| Price | $0.9731 | $0.1455 |
| Market cap | — | $299.40M |
| 24h volume | $4.15 | $2.83M |
| Liquidity | $5.46M | $1.07M |
| FDV | $504.34M | $559.19M |
| Holders | 2,713 | 1,370,841 |
| Age (days) | 528 | — |
| Safety grade | B | B |
Where they differ
- USD0++ measures ~5.1× the liquidity of OP
- OP measures ~681,874× the 24h volume of USD0++
- OP measures ~505× the holder count of USD0++
- over the shared window USD0++ moved 0.00% while OP moved +11.8%
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 September 27, 2026 snapshot reads $5.5 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.
OP
OP at 0x4200000000000000000000000000000000000042 is the Optimism Collective's governance token — the canonical OP Mainnet deployment sitting in the chain's own vanity address space, not a bridged copy. The September 26, 2026 snapshot counts 1,370,841 holders around a $299.4 million market cap, $559.2 million fully diluted against a 4.3 billion total supply — the gap between the two figures is the unissued allocation the Collective still holds.
The contract posture is worth quoting exactly. Minting is still active — new supply can be minted, consistent with OP's ongoing distribution schedule. Freeze is revoked, and the code is not a proxy. Depth is the soft spot: $1.1 million of tracked pool liquidity is thin against a nine-figure cap, and $2.8 million of 24-hour volume means ordinary exits clear but size should be measured against the pool, not the headline.
FAQ
Which is bigger, USD0++ or OP?
By tracked market cap: USD0++ (Ethereum) measures — and OP (Optimism) measures $299.40M — dated snapshots, not a live feed.
Which is safer, USD0++ or OP?
On the contract checks we publish: USD0++ (Ethereum) grades B and OP (Optimism) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have USD0++ and OP performed over the shared window?
Between 2026-09-21 and 2026-09-26T18:07:24, the measured snapshots show USD0++ at 0.00% and OP at +11.8%.
More comparisons
USD0++ vs SDAIUSD0++ vs STLINKMOG vs USD0++USD0++ vs ZECCOINX vs OPJOE vs OPBAS vs OPAURA vs OP
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→2026-09-26T18:07:24; 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.