HostALUSD vs MSETH — price, size and safety, side by side
ALUSD (Optimism) vs MSETH (Base) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-15 / 2026-10-16.
ALUSD vs MSETH — normalized performance, 2026-09-21 to 2026-10-15T21:43:45
| ALUSD | MSETH | |
|---|---|---|
| Price | $0.949 | $2.17K |
| Market cap | $9.99M | $51.09M |
| 24h volume | $1.92K DEX | $1.24M DEX |
| Liquidity | $1.14M | $3.64M |
| FDV | $1.61M | $22.59M |
| Holders | 5,630 | 6,036 |
| Age (days) | 1,181 | 516 |
| Safety grade | B | B |
Where they differ
- MSETH measures ~5.1× the market cap of ALUSD
- MSETH measures ~3.2× the liquidity of ALUSD
- MSETH measures ~645× the 24h volume of ALUSD
- over the shared window ALUSD moved −0.74% while MSETH moved −12.4%
What the data says
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 October 6, 2026 snapshot prices a $10.0 million asset-wide market cap against a $1.6 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: $1.1 million 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.
MSETH
msETH is Metronome Synth's synthetic ether — a collateral-minted synthetic that tracks ETH's price through the Synth engine's mint-and-pool mechanics rather than by holding ether itself. The contract 0x7ba6f01772924a82d9626c126347a28299e98c98 is the Base deployment our scan tracks, at $3.6 million of pool liquidity as of October 6, 2026.
The honest note: msETH is not ETH and not a claim on ETH — synthetic assets trade at whatever the pool clears, which can sit far from the underlying's price (our current read has it at a steep discount to spot ether). Exposure through a synth is exposure to the synth's own liquidity and redemption mechanics first. If you want ETH on Base, bridged or wrapped ETH is the honest instrument; this is a different product.
FAQ
Which is bigger, ALUSD or MSETH?
By tracked market cap: ALUSD (Optimism) measures $9.99M and MSETH (Base) measures $51.09M — dated snapshots, not a live feed.
Which is safer, ALUSD or MSETH?
On the contract checks we publish: ALUSD (Optimism) grades B and MSETH (Base) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have ALUSD and MSETH performed over the shared window?
Between 2026-09-21 and 2026-10-15T21:43:45, the measured snapshots show ALUSD at −0.74% and MSETH at −12.4%.
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→2026-10-15T21:43:45; 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 HostDeFi product.