HostFRXUSD vs CIRBTC — price, size and safety, side by side
FRXUSD (Ethereum) vs CIRBTC (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-16 / 2026-10-16.
FRXUSD vs CIRBTC — normalized performance, 2026-09-21 to 2026-10-16T21:15:32
| FRXUSD | CIRBTC | |
|---|---|---|
| Price | $1.00 | $81.76K |
| Market cap | $108.35M | $510.75M |
| 24h volume | $1.55M DEX | $3.93M DEX |
| Liquidity | $24.44M | $19.63M |
| FDV | $93.15M | $73.19M |
| Holders | 2,000 | — |
| Age (days) | 21 | 23 |
| Safety grade | B | B |
Where they differ
- CIRBTC measures ~4.7× the market cap of FRXUSD
- CIRBTC measures ~2.5× the 24h volume of FRXUSD
What the data says
FRXUSD
FRXUSD is Frax's dollar — the stablecoin of the protocol that pioneered fractional-algorithmic backing and later migrated to full collateralization, now issued against custodied reserves and yield-bearing positions. The deployment 0xcacd6fd266af91b8aed52accc382b4e165586e29 is the Ethereum mint; our October 6, 2026 snapshot reads $24.4 million of tracked pool liquidity.
The honest arc: Frax started as the algorithmic stable that held its peg with a collateral ratio dial — a design that survived the 2022 stablecoin shakeout where most algorithmics didn't — and the protocol has since moved toward conventional backing, which makes current frxUSD a different risk than its origin story suggests. The evolution is the point of checking the current reserve shape rather than the 2021 reputation.
CIRBTC
CIRBTC — "Circle Wrapped Bitcoin" on Ethereum, contract 0x72dfb2e44f59c5ad2bafe84314e5b99a7cd5075e — is a token trading at $81,230 per unit — essentially bitcoin's spot price — with an enormous $19.6 million liquidity pool, ~$10.7 million of daily volume, and a $510.8 million market cap across a 948.75-unit circulating supply in the October 9, 2026 snapshot.
The critical question is the name's claim: Circle issues USDC and EURC, and as of this row's data no widely-documented "Circle Wrapped Bitcoin" product exists — Coinbase's cbBTC and BitGo's WBTC are the dominant wrappers. A token pricing itself at BTC's value while claiming Circle issuance is either an emerging legitimate product or a premium-grade impersonation, and the difference is everything.
FAQ
Which is bigger, FRXUSD or CIRBTC?
By tracked market cap: FRXUSD (Ethereum) measures $108.35M and CIRBTC (Ethereum) measures $510.75M — dated snapshots, not a live feed.
Which is safer, FRXUSD or CIRBTC?
On the contract checks we publish: FRXUSD (Ethereum) grades B and CIRBTC (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have FRXUSD and CIRBTC performed over the shared window?
Between 2026-09-21 and 2026-10-16T21:15:32, the measured snapshots show FRXUSD at −0.27% and CIRBTC at +0.65%.
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→2026-10-16T21:15:32; 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.