HostGHO vs SUSDE — price, size and safety, side by side
GHO (Ethereum) vs SUSDE (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.
GHO vs SUSDE — normalized performance, 2026-09-08 to 2026-10-16T21:15:32
| GHO | SUSDE | |
|---|---|---|
| Price | $0.9991 | $1.25 |
| Market cap | $698.92M | $1.24B |
| 24h volume | $5.40M DEX | $1.49M DEX |
| Liquidity | $34.16M | $26.10M |
| FDV | $698.92M | $1.24B |
| Holders | 8,156 | 12,112 |
| Age (days) | 386 | 488 |
| Safety grade | B | E |
Where they differ
- SUSDE measures ~1.8× the market cap of GHO
- GHO measures ~3.6× the 24h volume of SUSDE
What the data says
GHO
GHO is Aave's native stablecoin — minted against collateral deposited in the Aave protocol, with its monetary policy governed by Aave governance. The contract 0x40d16fc0246ad3160ccc09b8d0d3a2cd28ae6c2f is what our scan tracks: $34.2 million of pool liquidity as of October 9, 2026, trading essentially at its dollar peg.
The honest mechanics: GHO is overcollateralized-debt stablecoin design — borrowers mint it against Aave collateral, so its backing is the health of Aave's markets rather than a bank account. Peg deviations are the figure to watch: a stablecoin that trades below peg is the market pricing the collateral-and-arbitrage machinery's speed, and GHO's history includes real time spent under a dollar before stabilizers matured.
SUSDE
sUSDe is the yield-bearing half of Ethena's system — USDe locked in the staking contract, accruing the funding-rate and staking yield the delta-neutral hedge generates. That is why it trades above a dollar ($1.24 at our October 6, 2026 read): the price is the receipt appreciating, not a peg. The contract 0x9d39a5de30e57443bff2a8307a4256c8797a3497 is the canonical Ethereum deployment; tracked pool liquidity reads $26.1 million.
The honest mechanics: holding sUSDe means opting into the full Ethena stack — the basis-trade carry (which can go negative), the offshore-exchange custody of the hedge, plus a ~7-day unstaking cooldown on the way out. The cooldown matters in stress: sUSDe can trade at a discount to its accrued value precisely when everyone wants the exit at once. None of this is hypothetical — it is the price of the yield.
FAQ
Which is bigger, GHO or SUSDE?
By tracked market cap: GHO (Ethereum) measures $698.92M and SUSDE (Ethereum) measures $1.24B — dated snapshots, not a live feed.
Which is safer, GHO or SUSDE?
On the contract checks we publish: GHO (Ethereum) grades B and SUSDE (Ethereum) grades E. A grade is a structural check on the contract, not a promise about the asset.
How have GHO and SUSDE performed over the shared window?
Between 2026-09-08 and 2026-10-16T21:15:32, the measured snapshots show GHO at +0.11% and SUSDE at +0.20%.
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.