HostTBTC vs FRXUSD — price, size and safety, side by side
TBTC (Ethereum) vs FRXUSD (Ethereum) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-16.
TBTC vs FRXUSD — normalized performance, 2026-09-08 to 2026-10-16T21:15:32
| TBTC | FRXUSD | |
|---|---|---|
| Price | $82.91K | $1.00 |
| Market cap | $358.59M | $108.35M |
| 24h volume | $1.05M DEX | $1.55M DEX |
| Liquidity | $26.99M | $24.44M |
| FDV | $358.59M | $93.15M |
| Holders | 25,280 | 2,000 |
| Age (days) | 886 | 21 |
| Safety grade | B | B |
Where they differ
- TBTC measures ~3.3× the market cap of FRXUSD
- TBTC measures ~13× the holder count of FRXUSD
- over the shared window TBTC moved +6.55% while FRXUSD moved +0.40%
What the data says
TBTC
tBTC is Threshold Network's trust-minimized wrapped Bitcoin — the decentralized-custody answer to WBTC, where a rotating set of node operators secures the BTC rather than a single custodian. The deployment 0x18084fba666a33d37592fa2633fd49a74dd93a88 is the v2 mint; our October 6, 2026 snapshot reads $27.0 million of tracked pool liquidity.
The honest contrast is the whole point of the asset: tBTC trades BitGo's institutional custody for a threshold-signature committee — no single company can lose or freeze the coins, but the security model is cryptographic-economic (operator collateral) rather than legal, which is a different risk shape, not a strictly smaller one. Its depth vs WBTC's billions is the market's honest verdict on how much that trade matters to people.
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.
FAQ
Which is bigger, TBTC or FRXUSD?
By tracked market cap: TBTC (Ethereum) measures $358.59M and FRXUSD (Ethereum) measures $108.35M — dated snapshots, not a live feed.
Which is safer, TBTC or FRXUSD?
On the contract checks we publish: TBTC (Ethereum) grades B and FRXUSD (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have TBTC and FRXUSD performed over the shared window?
Between 2026-09-08 and 2026-10-16T21:15:32, the measured snapshots show TBTC at +6.55% and FRXUSD 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.