USDAT (Ethereum) vs SHFL (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.
| USDAT | SHFL | |
|---|---|---|
| Price | $0.9995 | $0.5091 |
| Market cap | $82.51M | $204.06M |
| 24h volume | $701.69K DEX | $890.51K DEX |
| Liquidity | $4.70M | $4.45M |
| FDV | $82.56M | $384.60M |
| Holders | 1,639 | 8,010 |
| Age (days) | 169 | 937 |
| Safety grade | B | A |
USDat is Ethena and Anchorage's GENIUS-compliant dollar — the stablecoin built specifically to fit the US stablecoin law's rails, issued through a federally-chartered crypto bank rather than a foreign issuer. The deployment 0x23238f20b894f29041f48d88ee91131c395aaa71 is the Ethereum mint; our October 6, 2026 snapshot reads $4.7 million of tracked pool liquidity.
The honest note: GENIUS-compliant is a regulatory shape, not a risk verdict — it means the reserve structure (T-bills, qualified custodian, redemption terms) is defined by the same law that governs every US-compliant stable, which makes USDAT's backing more legible than most but no more guaranteed. What it buys Ethena is a US-legal distribution path for the stable stack that made USDe; what it buys a holder is boring, verifiable reserves.
SHFL passes the check that trips up most risky tokens — its contract controls. The contract holds no mint power, so the supply stays honest and predictable, and no pause or blacklist lever exists, so nothing can lock up your balance when you want out. It's a reassuring starting point: 100/100 as of 2026-10-09, with the structural risks already off the table.
On liquidity and holders, SHFL shows $4.45M of on-chain liquidity, 8,010 holders and an established 937-day history as of 2026-10-09. Against a market cap of about $204.06M, the $4.45M pool is workable rather than deep — fine for ordinary size to move in and out, though a larger position would start to feel the pool's edges. A 8,010-holder base is a fair start, but distribution matters more than the count — check how much sits in the largest wallets before leaning on it. On concentration, the deployer wallet holds just <0.01% of SHFL as of 2026-10-09, so the person who launched it isn't sitting on a dominant share.
By tracked market cap: USDAT (Ethereum) measures $82.51M and SHFL (Ethereum) measures $204.06M — dated snapshots, not a live feed.
On the contract checks we publish: USDAT (Ethereum) grades B and SHFL (Ethereum) grades A. A grade is a structural check on the contract, not a promise about the asset.
Between 2026-10-06 and 2026-10-16T21:15:32, the measured snapshots show USDAT at +0.06% and SHFL at +21.7%.
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, 2026-10-06→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.