HostPLAY vs SUSDE — price, size and safety, side by side
PLAY (Base) vs SUSDE (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-15 / 2026-10-17.
PLAY vs SUSDE — normalized performance, 2026-09-21 to 2026-10-15T21:43:45
| PLAY | SUSDE | |
|---|---|---|
| Price | $0.01763 | $1.25 |
| Market cap | $11.67M | $1.24B |
| 24h volume | $1.06M DEX | $1.49M DEX |
| Liquidity | $301.30K | $26.10M |
| FDV | $124.98M | $1.24B |
| Holders | 6,454 | 12,112 |
| Age (days) | 140 | 488 |
| Safety grade | A | E |
Where they differ
- SUSDE measures ~106× the market cap of PLAY
- SUSDE measures ~87× the liquidity of PLAY
- SUSDE measures ~1.9× the holder count of PLAY
- over the shared window PLAY moved −43.5% while SUSDE moved +0.32%
What the data says
PLAY
PLAY at 0x853a7c99227499dba9db8c3a02aa691afdebf841 is a Base asset 140 days into its record at the October 6, 2026 snapshot. The $11.7 million market cap prices under a tenth of the $125.0 million fully-diluted figure on 5.0 billion units — the emission overhang dominates this book's shape.
The book is workable and the tape is hot: $301.3 thousand of tracked depth on $1.1 million of 24-hour volume — the pool cycling itself several times daily. Contract-level controls were not assessed in this snapshot.
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, PLAY or SUSDE?
By tracked market cap: PLAY (Base) measures $11.67M and SUSDE (Ethereum) measures $1.24B — dated snapshots, not a live feed.
Which is safer, PLAY or SUSDE?
On the contract checks we publish: PLAY (Base) grades A and SUSDE (Ethereum) grades E. A grade is a structural check on the contract, not a promise about the asset.
How have PLAY and SUSDE performed over the shared window?
Between 2026-09-21 and 2026-10-15T21:43:45, the measured snapshots show PLAY at −43.5% and SUSDE at +0.32%.
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.