Open app

WSTETH vs ALUSD — price, size and safety, side by side

WSTETH (Ethereum) vs ALUSD (Optimism) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-11-13 / 2026-11-15.

WSTETHB

$2.45K
Wrapped liquid staked Ether 2.0 on Ethereum
Trade WSTETH
vs

ALUSDB

$0.9622
Alchemix USD on Optimism
Trade ALUSD

WSTETH vs ALUSD — normalized performance, 2026-09-21 to 2026-11-13T12:15:58

100 — shared start
WSTETH −27.5%  ·  ALUSD +0.88% — both series rebased to 100 at the first measured point in the shared window; not a raw-price chart.
WSTETHALUSD
Price$2.45K$0.9622
Market cap$10.50B$10.41M
24h volume$41.27M all venues$127.49K all venues
Liquidity$50.13M$361.79K
FDV$10.45B$2.03M
Holders39,2445,630
Age (days)3861,181
Safety gradeBB

Where they differ

What the data says

WSTETH

wstETH is stETH made legible to DeFi — the same claim on Lido-staked Ether, wrapped so the balance stops moving: where stETH re-bases your token count upward each day, wstETH holds a fixed count and lets the exchange rate against stETH do the appreciating. That is the shape lending markets, bridges and LPs need, which is why the contract at 0x7f39c581f595b53c5cb19bd0b3f8da6c935e2ca0 became the canonical collateral form — our November 6, 2026 snapshot reads $50.1 million of tracked pool liquidity on it.

The verdict therefore inherits stETH's, plus one wrapper-layer note. You hold a claim on staked ETH via Lido — subject to its validator set, Ethereum's exit queue, and stETH's own depeg memory (June 2022, when it traded visibly under par) — and the price shown for wstETH is stETH's price times a steadily growing conversion rate, so it will always quote above ETH while tracking correctly. Nothing about that is a defect; it is the mechanic to understand before reading the quote as a premium.

Full WSTETH safety read →

ALUSD

ALUSD at 0xcb8fa9a76b8e203d8c3797bf438d8fb81ea3326a is Alchemix's USD on Optimism — the dollar that backs the protocol's self-repaying loan structure, where deposited collateral's yield amortizes the borrow. The November 6, 2026 snapshot prices a $10.4 million asset-wide market cap against a $2.0 million fully-diluted read of the local float of 1.7 million units — a small Optimism slice of a multi-chain stable.

The local book is deeper than it looks and quieter than it should be: $362 thousand of tracked depth reads deep against that float, while $1.9 thousand of 24-hour volume is a nearly dormant tape — the pool exists; the flow mostly does not. For an exit-sized holder that pairing is the real information: depth on paper, and a tape that rarely tests it.

FAQ

Which is bigger, WSTETH or ALUSD?

By tracked market cap: WSTETH (Ethereum) measures $10.50B and ALUSD (Optimism) measures $10.41M — dated snapshots, not a live feed.

Which is safer, WSTETH or ALUSD?

On the contract checks we publish: WSTETH (Ethereum) grades B and ALUSD (Optimism) grades B. A grade is a structural check on the contract, not a promise about the asset.

How have WSTETH and ALUSD performed over the shared window?

Between 2026-09-21 and 2026-11-13T12:15:58, the measured snapshots show WSTETH at −27.5% and ALUSD at +0.88%.

More comparisons

USDM vs WSTETHWSTETH vs DAIWSTETH vs ETHWSTETH vs PUMPALUSD vs CRVALUSD vs GOHOMEMON vs ALUSDALUSD vs VIRTUAL

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→2026-11-13T12:15:58; 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.