HostUSDAT vs BP — price, size and safety, side by side
USDAT (Ethereum) vs BP (Solana) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-27.
USDAT vs BP — normalized performance, 2026-09-14 to 2026-09-27T18:22:06
| USDAT | BP | |
|---|---|---|
| Price | $0.9994 | $1.43 |
| Market cap | $82.51M | $310.55M |
| 24h volume | $701.69K | $48.59M |
| Liquidity | $4.70M | $4.59M |
| FDV | $82.56M | $1.24B |
| Holders | 1,639 | 24,779 |
| Age (days) | 169 | — |
| Safety grade | B | A |
Where they differ
- BP measures ~3.8× the market cap of USDAT
- BP measures ~69× the 24h volume of USDAT
- BP measures ~15× the holder count of USDAT
- over the shared window USDAT moved −0.09% while BP moved +165%
What the data says
USDAT
USDat is Ethena and Anchorage's GENIUS-compliant dollar — the stablecoin built specifically to fit the US stablecoin law's rails, issued through a federally-chartered crypto bank rather than a foreign issuer. The deployment 0x23238f20b894f29041f48d88ee91131c395aaa71 is the Ethereum mint; our September 27, 2026 snapshot reads $4.7 million of tracked pool liquidity.
The honest note: GENIUS-compliant is a regulatory shape, not a risk verdict — it means the reserve structure (T-bills, qualified custodian, redemption terms) is defined by the same law that governs every US-compliant stable, which makes USDAT's backing more legible than most but no more guaranteed. What it buys Ethena is a US-legal distribution path for the stable stack that made USDe; what it buys a holder is boring, verifiable reserves.
BP
BP is Backpack's token — the Solana-native exchange and wallet brand founded by the Mad Lads crew, one of the few Solana venue tokens with a real product behind it. The mint BPxxfRCXkUVhig4HS1Lh7kZqV6SPJhzfEk4x6fVBjPCy is the deployment our scan tracks: $310.6 million market cap, $4.6 million of pool liquidity, 24,779 holders as of September 26, 2026.
The honest shape: a real venue means the token's value proposition — buyback, fee share, or utility ties to the exchange — is a claim you can actually evaluate, unlike a pure meme. The counterweight is that "exchange token" valuations price a business you can't see the books on, and two same-ticker BP pools exist in this corpus (a Barking Puppy meme and a blackpill micro-cap): only this mint is Backpack's.
FAQ
Which is bigger, USDAT or BP?
By tracked market cap: USDAT (Ethereum) measures $82.51M and BP (Solana) measures $310.55M — dated snapshots, not a live feed.
Which is safer, USDAT or BP?
On the contract checks we publish: USDAT (Ethereum) grades B and BP (Solana) grades A. A grade is a structural check on the contract, not a promise about the asset.
How have USDAT and BP performed over the shared window?
Between 2026-09-14 and 2026-09-27T18:22:06, the measured snapshots show USDAT at −0.09% and BP at +165%.
More comparisons
USDAT vs DRVB13B vs USDATUSDAT vs ELEVATEUSDAT vs ANTFUNTRX vs BPANTFUN vs BPELEVATE vs BPDRV vs BP
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, 2026-09-14→2026-09-27T18:22:06; 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.