HostCBBTC vs USDM — price, size and safety, side by side
CBBTC (Ethereum) vs USDM (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-16 / 2026-10-17.
CBBTC vs USDM — normalized performance, 2026-09-08 to 2026-10-16T21:15:32
| CBBTC | USDM | |
|---|---|---|
| Price | $81.40K | $0.9928 |
| Market cap | $7.87B | $6.50B |
| 24h volume | $16.02M DEX | $7.97M DEX |
| Liquidity | $77.45M | $57.34M |
| FDV | $3.69B | $6.50B |
| Holders | 89,170 | 175 |
| Age (days) | 386 | 1,021 |
| Safety grade | B | B |
Where they differ
- CBBTC measures ~2.0× the 24h volume of USDM
- CBBTC measures ~510× the holder count of USDM
What the data says
CBBTC
CBBTC — "Coinbase Wrapped BTC" on Ethereum, 0xcbb7c0000ab88b473b1f5afd9ef808440eed33bf — is Coinbase's custodied bitcoin wrapper: each unit a claim on BTC held by the exchange's custody arm.
The October 9, 2026 snapshot reads $77.4 million of liquidity against an $8.06 billion market cap, roughly $5.7 million of daily volume, at an $81,540 unit price that tracks BTC spot.
USDM
USDM is Mountain Protocol's yield-bearing dollar — a regulated, rebasing stablecoin that pays T-bill yield to holders by growing their balance rather than requiring a stake contract. The deployment 0xbbaec992fc2d637151daf40451f160bf85f3c8c1 is the Ethereum mint; our October 6, 2026 snapshot reads $57 million of tracked pool liquidity.
The honest mechanics: rebasing means balance and "value" move together — a wallet holding USDM sees the unit count tick up daily as yield accrues, which is elegant until accounting or a DeFi pool assumes a static balance. Regulated in Bermuda, permissioned to hold — both the feature set and the limitation come from the same compliance posture.
FAQ
Which is bigger, CBBTC or USDM?
By tracked market cap: CBBTC (Ethereum) measures $7.87B and USDM (Ethereum) measures $6.50B — dated snapshots, not a live feed.
Which is safer, CBBTC or USDM?
On the contract checks we publish: CBBTC (Ethereum) grades B and USDM (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have CBBTC and USDM performed over the shared window?
Between 2026-09-08 and 2026-10-16T21:15:32, the measured snapshots show CBBTC at +4.50% and USDM at −0.40%.
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, 2026-09-08→2026-10-16T21:15:32; 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.