HostWM vs USDAI — price, size and safety, side by side
WM (Ethereum) vs USDAI (Arbitrum) — 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.
WM vs USDAI — normalized performance, 2026-08-19 to 2026-09-27T18:22:06
| WM | USDAI | |
|---|---|---|
| Price | $1.00 | $1.00 |
| Market cap | $82.04M | $215.10M |
| 24h volume | $26.37K | $442.69K |
| Liquidity | $1.01M | $999.09K |
| FDV | $76.48M | $214.15M |
| Holders | 322 | 2,894 |
| Age (days) | 744 | 87 |
| Safety grade | B | B |
Where they differ
- USDAI measures ~2.6× the market cap of WM
- USDAI measures ~17× the 24h volume of WM
- USDAI measures ~9.0× the holder count of WM
What the data says
WM
Wrapped M is M^0's portable institutional dollar — the bridged representation of the M stablecoin, which is itself issued against T-bill collateral under a framework designed for institutional minters. The deployment 0x437cc33344a0b27a429f795ff6b469c72698b291 is the wrapped mint on Ethereum; our September 27, 2026 snapshot reads $1.0 million of tracked pool liquidity.
The honest framing: wM is a claim on M, and M is a claim on a collateral book operated under M^0's rules — so the holder sits two layers from the T-bills, one more than a USDC holder does. The design's pitch is interoperability (M is meant to power bespoke stablecoins); the cost is that the custody chain is longer than the marketing implies.
USDAI
USDAI is USD.ai's stablecoin — a dollar token backed by loans against GPU and AI-infrastructure collateral, one of the more unusual collateral stacks in the stablecoin set. The contract 0x0a1a1a107e45b7ced86833863f482bc5f4ed82ef is what our scan tracks: $999 thousand of pool liquidity as of September 27, 2026 on Arbitrum, trading essentially at its dollar peg.
The honest mechanics: the backing is hardware-collateralized lending — claims on AI infrastructure and the loans against it — which is genuinely different from the treasury-bill or crypto-overcollateralized models most stablecoins use, and carries its own risks (hardware values depreciate and loan books can go bad). The pool here is thin, so redemptions at size route through the issuer's machinery rather than the public market.
FAQ
Which is bigger, WM or USDAI?
By tracked market cap: WM (Ethereum) measures $82.04M and USDAI (Arbitrum) measures $215.10M — dated snapshots, not a live feed.
Which is safer, WM or USDAI?
On the contract checks we publish: WM (Ethereum) grades B and USDAI (Arbitrum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have WM and USDAI performed over the shared window?
Between 2026-08-19 and 2026-09-27T18:22:06, the measured snapshots show WM at +0.04% and USDAI at +0.00%.
More comparisons
GIGA vs WMWM vs BIRBWXRP vs WMWM vs P2PP2P vs USDAIUSDAI vs GLDXUSDAI vs MSTRXBIRB vs USDAI
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, 2026-08-19→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.