NexVSN vs TBTC — price, size and safety, side by side
VSN (Arbitrum) vs TBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-14 / 2026-11-13.
VSN vs TBTC — normalized performance, 2026-09-21 to 2026-11-12T21:16:22
| VSN | TBTC | |
|---|---|---|
| Price | $0.03156 | $67.91K |
| Market cap | $134.40M | $313.88M |
| 24h volume | $2.36M all venues | $14.80M all venues |
| Liquidity | $924.78K | $27.87M |
| FDV | $3.99M | $313.88M |
| Holders | 43,129 | 25,280 |
| Age (days) | 329 | 886 |
| Safety grade | B | B |
Where they differ
- TBTC measures ~2.3× the market cap of VSN
- TBTC measures ~30× the liquidity of VSN
- TBTC measures ~6.3× the 24h volume of VSN
- VSN measures ~1.7× the holder count of TBTC
What the data says
VSN
VSN at 0x6fbbbd8bfb1cd3986b1d05e7861a0f62f87db74b — Vision — is an Arbitrum asset 314 days into its record at the November 6, 2026 snapshot. The asset-wide $134.4 million market cap dwarfs the $4.0 million fully-diluted figure priced on the 101.2 million local units — the familiar shape where the headline valuation lives on another venue while this chain carries a slice.
The local book is thin against that headline: $924.8 thousand of tracked depth on $38.5 thousand of daily volume — a quiet book that does its real clearing elsewhere. Contract-level controls were not assessed in this snapshot; the authority posture is a live-scan question.
TBTC
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our November 6, 2026 snapshot reads $27.9 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
FAQ
Which is bigger, VSN or TBTC?
By tracked market cap: VSN (Arbitrum) measures $134.40M and TBTC (Ethereum) measures $313.88M — dated snapshots, not a live feed.
Which is safer, VSN or TBTC?
On the contract checks we publish: VSN (Arbitrum) grades B and TBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have VSN and TBTC performed over the shared window?
Between 2026-09-21 and 2026-11-12T21:16:22, the measured snapshots show VSN at −22.7% and TBTC at −19.1%.
More comparisons
LIT vs VSNVSN vs AKEVSN vs USDT0VSN vs USD₮0TBTC vs GHOTBTC vs CIRBTCRLUSD vs TBTCTBTC vs SUSDE
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→2026-11-12T21:16:22; 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.