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

USD0++ (Ethereum) vs PENDLE (Arbitrum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-26 / 2026-10-27.

USD0++B

$0.98
USD0 Liquid Bond on Ethereum
Trade USD0++
vs

PENDLEB

$1.93
Pendle on Arbitrum
Trade PENDLE

USD0++ vs PENDLE — normalized performance, 2026-09-21 to 2026-10-26T21:16:29

100 — shared start
USD0++ −0.06%  ·  PENDLE −29.2% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
USD0++PENDLE
Price$0.98$1.93
Market cap—$366.60M
24h volume$4.15 DEX$272.93K DEX
Liquidity$5.33M$3.11M
FDV$504.34M$30.78M
Holders2,71370,319
Age (days)5281,311
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 October 9, 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.

PENDLE

PENDLE on Arbitrum at 0x0c880f6761f1af8d9aa9c466984b80dab9a8c9e8 is the bridged deployment of the yield-tokenization protocol's token — the asset behind the principal-and-yield-splitting market that turned fixed yield into a DeFi primitive. The October 9, 2026 snapshot prices the Arbitrum-local supply of 14.6 million units at $30.8 million fully diluted, against an asset-wide $366.6 million market cap.

$3.1 million of tracked pool depth on this chain is thin measured the way the depth flag measures — against the asset-wide figure — but functional: $632.8 thousand of 24-hour volume moves through it. The 1,293-day record belongs to a token whose liquidity genuinely spans chains, with Ethereum holding the canonical supply and Arbitrum holding the routed share, so the local book is a window on the market rather than the market itself.

Full PENDLE safety read →

FAQ

Which is bigger, USD0++ or PENDLE?

By tracked market cap: USD0++ (Ethereum) measures — and PENDLE (Arbitrum) measures $366.60M — dated snapshots, not a live feed.

Which is safer, USD0++ or PENDLE?

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

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

Between 2026-09-21 and 2026-10-26T21:16:29, the measured snapshots show USD0++ at −0.06% and PENDLE at −29.2%.

More comparisons

USD0++ vs PENGUJUP vs USD0++EUROC vs USD0++USD0++ vs ELEVATEPENDLE vs ARBPENDLE vs CBETHPENDLE vs PRIMEPENDLE vs USDT

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→2026-10-26T21:16:29; 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.