HostUSD0++ vs SDAI — price, size and safety, side by side
USD0++ (Ethereum) vs SDAI (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.
USD0++ vs SDAI — normalized performance, 2026-09-08 to 2026-09-26T21:07:21
| USD0++ | SDAI | |
|---|---|---|
| Price | $0.9731 | $1.18 |
| Market cap | — | $1.34B |
| 24h volume | $4.15 | $1.78M |
| Liquidity | $5.46M | $5.42M |
| FDV | $504.34M | $165.01M |
| Holders | 2,713 | 3,634 |
| Age (days) | 528 | 932 |
| Safety grade | B | B |
Where they differ
- SDAI measures ~429,003× the 24h volume of USD0++
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.
SDAI
sDAI is Savings Dai — DAI locked in Maker's DAI Savings Rate contract and returned as a share that appreciates against the stablecoin it wraps, DeFi's oldest "your dollar pays you" mechanism. The deployment 0x83f20f44975d03b1b09e64809b757c47f942beea is the canonical mint; our September 26, 2026 snapshot reads $5.4 million of tracked pool liquidity.
The honest mechanics: sDAI's yield is Maker protocol revenue — real lending income distributed to savers, which is why the DSR survived when incentive-printed yields didn't — but the rate is governance-set, so the "savings rate" can be and has been dialed to near-zero when the DAO wanted it there. It is a policy rate, not a market one.
FAQ
Which is bigger, USD0++ or SDAI?
By tracked market cap: USD0++ (Ethereum) measures — and SDAI (Ethereum) measures $1.34B — dated snapshots, not a live feed.
Which is safer, USD0++ or SDAI?
On the contract checks we publish: USD0++ (Ethereum) grades B and SDAI (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have USD0++ and SDAI performed over the shared window?
Between 2026-09-08 and 2026-09-26T21:07:21, the measured snapshots show USD0++ at +0.93% and SDAI at 0.00%.
More comparisons
USD0++ vs STLINKMOG vs USD0++USD0++ vs ZECSPCXB vs USD0++SDAI vs STLINKSDAI vs ZECMOG vs SDAISDAI vs MU
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→2026-09-26T21:07:21; 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.