USDTB (Ethereum) vs SKY (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-26 / 2026-10-26.
| USDTB | SKY | |
|---|---|---|
| Price | $0.9986 | $0.06786 |
| Market cap | $490.66M | $1.79B |
| 24h volume | $242.44K DEX | $2.14M DEX |
| Liquidity | $10.50M | $7.36M |
| FDV | $490.66M | $1.79B |
| Holders | 295,077 | 16,478 |
| Age (days) | 631 | 333 |
| Safety grade | B | B |
USDtb is BlackRock's tokenized-T-bill answer to Tether — the stablecoin Ethena issues backed by BUIDL fund shares, built to hold a dollar peg with the largest asset manager's fund as the reserve. The deployment 0xc139190f447e929f090edeb554d95abb8b18ac1c is the Ethereum mint; our October 6, 2026 snapshot reads $11 million of tracked pool liquidity.
The honest framing: USDtb's reserve is only as liquid as BUIDL itself — a fund that settles like a security, not a money-market claim, which means redemptions inherit the fund's terms, not a stablecoin's usual instant-exit promise. That is a feature for holders who want T-bill duration and a constraint for anyone assuming redemption is instant.
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 October 9, 2026 snapshot reads a $1.8 billion market cap across a 23.5 billion-token supply, with $7.4 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.
By tracked market cap: USDTB (Ethereum) measures $490.66M and SKY (Ethereum) measures $1.79B — dated snapshots, not a live feed.
On the contract checks we publish: USDTB (Ethereum) grades B and SKY (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-09-26 and 2026-10-26T21:16:29, the measured snapshots show USDTB at −0.19% and SKY at −5.91%.
USDTB vs USDCAAVE vs USDTBUSDTB vs SUSDAIUSDG vs USDTBSUSDAI vs SKYSKY vs JLPSKY vs ENASKY vs SPX
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.