HostUSDG vs SKY — price, size and safety, side by side
USDG (Solana) vs SKY (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-09-27 / 2026-09-27.
USDG vs SKY — normalized performance, 2026-09-21 to 2026-09-27T18:22:06
| USDG | SKY | |
|---|---|---|
| Price | $0.9999 | $0.07473 |
| Market cap | $670.45M | $1.75B |
| 24h volume | $78.86M | $1.84M |
| Liquidity | $41.19M | $10.77M |
| FDV | $670.45M | $1.75B |
| Holders | 21,226 | 15,830 |
| Age (days) | — | 333 |
| Safety grade | A | B |
Where they differ
- SKY measures ~2.6× the market cap of USDG
- USDG measures ~3.8× the liquidity of SKY
- USDG measures ~43× the 24h volume of SKY
What the data says
USDG
USDG is Paxos's second dollar — the newer stablecoin issued under the same regulated umbrella as PYUSD, but built for the Global Dollar Network, a consortium where the yield on reserves gets shared with the institutions distributing it rather than kept whole by the issuer. On Solana it landed where stablecoins actually move: our September 26, 2026 snapshot shows a market cap of about $670.5 million against 21,226 tracked holders and $41.2 million of on-chain pool liquidity — the deepest profile in this batch, and the reason it grades 100/100.
The honest reading of that grade: a regulated issuer with attested reserves is exactly what the contract side wants, and the distribution deal is why exchanges list it — the incentive that made USDT and USDC entrenched is pointed at growth here. The residual is that "regulated" is a jurisdiction's word for centralized controls: the issuer can freeze balances, and that is a property of the asset, not a defect.
SKY
SKY is the governance token of Sky — the protocol formerly known as MakerDAO — taking over the job MKR held: voting risk parameters and standing as the recapitalization backstop behind its stablecoins. The deployment at 0x56072c95faa701256059aa122697b133aded9279 is the canonical Ethereum contract of the post-rebrand token.
Our September 27, 2026 snapshot reads a $1.8 billion market cap across a 23.5 billion-token supply, with $10.8 million of tracked pool liquidity — thin against the headline — and $760.9 thousand traded in the last day. At 333 days old, the token is still early in the successor role.
FAQ
Which is bigger, USDG or SKY?
By tracked market cap: USDG (Solana) measures $670.45M and SKY (Ethereum) measures $1.75B — dated snapshots, not a live feed.
Which is safer, USDG or SKY?
On the contract checks we publish: USDG (Solana) grades A and SKY (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have USDG and SKY performed over the shared window?
Between 2026-09-21 and 2026-09-27T18:22:06, the measured snapshots show USDG at −0.00% and SKY at +3.61%.
More comparisons
USDG vs WBTCRLUSD vs USDGGHST vs USDGUSDG vs PUMPMEW vs SKYWETH vs SKYSKY vs USDTBSKY vs CRV
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→2026-09-27T18:22:06; 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.