HostUSDM vs ETH — price, size and safety, side by side
USDM (Ethereum) vs ETH (Ethereum) — 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.
USDM vs ETH — normalized performance, 2026-09-26 to 2026-10-26T21:16:29
| USDM | ETH | |
|---|---|---|
| Price | $1.01 | $2.31K |
| Market cap | $6.50B | — |
| 24h volume | $7.97M DEX | $14.09M DEX |
| Liquidity | $57.34M | $117.23M |
| FDV | $6.50B | — |
| Holders | 175 | — |
| Age (days) | 1,021 | 618 |
| Safety grade | B | A |
Where they differ
- ETH measures ~2.0× the liquidity of USDM
- ETH measures ~1.8× the 24h volume of USDM
- over the shared window USDM moved +0.86% while ETH moved −14.0%
What the data says
USDM
USDM is Mountain Protocol's yield-bearing dollar — a regulated, rebasing stablecoin that pays T-bill yield to holders by growing their balance rather than requiring a stake contract. The deployment 0xbbaec992fc2d637151daf40451f160bf85f3c8c1 is the Ethereum mint; our October 6, 2026 snapshot reads $57 million of tracked pool liquidity.
The honest mechanics: rebasing means balance and "value" move together — a wallet holding USDM sees the unit count tick up daily as yield accrues, which is elegant until accounting or a DeFi pool assumes a static balance. Regulated in Bermuda, permissioned to hold — both the feature set and the limitation come from the same compliance posture.
ETH
ETH on Ethereum — 0x0000000000000000000000000000000000000000 — is the network's native asset carried under the null-address convention pools use for ether itself. This is not a wrapper contract: the zero address is where the feed marks the chain's own currency.
The October 9, 2026 snapshot reads $117.2 million of tracked liquidity and roughly $11.2 million of daily volume at a $2,691 unit price. Depth at this scale is the reference book the rest of the market quotes against.
FAQ
Which is bigger, USDM or ETH?
By tracked market cap: USDM (Ethereum) measures $6.50B and ETH (Ethereum) measures — — dated snapshots, not a live feed.
Which is safer, USDM or ETH?
On the contract checks we publish: USDM (Ethereum) grades B and ETH (Ethereum) grades A. A grade is a structural check on the contract, not a promise about the asset.
How have USDM and ETH performed over the shared window?
Between 2026-09-26 and 2026-10-26T21:16:29, the measured snapshots show USDM at +0.86% and ETH at −14.0%.
More comparisons
USDM vs DAIPYUSD vs USDMUSDM vs WSTETHSTETH vs USDMETH vs NODAETH vs USDSETH vs CBBTCETH vs STETH
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, 2026-09-26→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.