HostRDNT vs USDE — price, size and safety, side by side
RDNT (Arbitrum) vs USDE (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.
RDNT vs USDE — normalized performance, 2026-09-21 to 2026-10-16T21:15:32
| RDNT | USDE | |
|---|---|---|
| Price | $0.0005408 | $1.00 |
| Market cap | $894.13K | $4.80B |
| 24h volume | $49.86K DEX | $15.40M DEX |
| Liquidity | $73.56K | $13.17M |
| FDV | $601.67K | $4.80B |
| Holders | 101,328 | 48,976 |
| Age (days) | 1,216 | 84 |
| Safety grade | C | B |
Where they differ
- USDE measures ~5,367× the market cap of RDNT
- USDE measures ~179× the liquidity of RDNT
- USDE measures ~309× the 24h volume of RDNT
- RDNT measures ~2.1× the holder count of USDE
- over the shared window RDNT moved +12.8% while USDE moved −0.17%
What the data says
RDNT
RDNT is Radiant Capital's omnichain money-market token — the Arbitrum deployment at 0x3082cc23568ea640225c2467653db90e9250aaa0 that carries the protocol's fee-share and gauge weight. The October 9, 2026 snapshot prices a $894.1 thousand market cap across 101,328 wallets — a wide base holding a small cap.
Three caveats stack. The contract can mint new supply, so circulation is a floor. The top ten wallets hold about 82.5% — a heavily concentrated float for a lending-protocol token. And the tracked book, $73.6 thousand of pool liquidity, is thin against even this reduced cap — the grade is C at 67, not a misprint.
USDE
USDe is Ethena's synthetic dollar — a stablecoin that holds its peg not with bank deposits but with a delta-neutral trade: spot crypto collateral (staked ETH, liquid stables) hedged by short perpetual futures, so the portfolio's dollar value stays flat whatever the market does. The contract 0x4c9edd5852cd905f086c759e8383e09bff1e68b3 is the canonical Ethereum deployment — USDe also exists on Solana under a different mint, where it is one of the deeper stable pools in our corpus. Our October 9, 2026 read shows $13.2 million of tracked pool liquidity on the mainnet venues.
The honest mechanics: USDe's yield is not magic — it is the funding-rate spread between staking yield and the perp market's willingness to pay longs, and that spread can and does go negative. When funding flips, Ethena pays the hedge instead of earning it, and the carry can invert into a slow bleed. The second layer is counterparty: the short positions sit on offshore exchanges through settlement custody, so exchange failures or frozen collateral are real, non-theoretical risks — the design survived the October 2025 liquidation cascade, which is evidence, not a guarantee. It is also not the same risk shape as UST: USDe is fully collateralized at inception; the failure mode is a sustained negative-funding grind plus a custody break, not a mint-redeem death spiral.
FAQ
Which is bigger, RDNT or USDE?
By tracked market cap: RDNT (Arbitrum) measures $894.13K and USDE (Ethereum) measures $4.80B — dated snapshots, not a live feed.
Which is safer, RDNT or USDE?
On the contract checks we publish: RDNT (Arbitrum) grades C and USDE (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have RDNT and USDE performed over the shared window?
Between 2026-09-21 and 2026-10-16T21:15:32, the measured snapshots show RDNT at +12.8% and USDE at −0.17%.
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.