HostUSDT vs ALUSD — price, size and safety, side by side
USDT (BNB Chain) vs ALUSD (Optimism) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-15.
USDT vs ALUSD — normalized performance, 2026-09-21 to 2026-10-15T21:43:45
| USDT | ALUSD | |
|---|---|---|
| Price | $0.9991 | $0.949 |
| Market cap | $9.19B | $9.99M |
| 24h volume | $1.12B DEX | $1.92K DEX |
| Liquidity | $548.60M | $1.14M |
| FDV | $9.19B | $1.61M |
| Holders | 80,624,971 | 5,630 |
| Age (days) | 311 | 1,181 |
| Safety grade | B | B |
Where they differ
- USDT measures ~919× the market cap of ALUSD
- USDT measures ~480× the liquidity of ALUSD
- USDT measures ~582,361× the 24h volume of ALUSD
- USDT measures ~14,321× the holder count of ALUSD
What the data says
USDT
USDT on BSC is Tether's dollar on the chain that still clears a meaningful share of stablecoin volume — issued by Binance's peg mechanism under the BEP-20 standard at 0x55d398326f99059ff775485246999027b3197955, the canonical BSC mint. Our October 9, 2026 snapshot reads $548.6 million of tracked pool liquidity.
The honest chain note: this is a pegged representation — the reserve sits with Tether, and the BSC contract is Binance's wrapped issuance of that claim, not a second Tether mint. That makes its risk profile two-layered: Tether's attestation cadence underneath, plus the bridge-custody layer Binance operates on top. For most users the distinction never matters; for anyone holding size it is the entire question.
ALUSD
ALUSD at 0xcb8fa9a76b8e203d8c3797bf438d8fb81ea3326a is Alchemix's USD on Optimism — the dollar that backs the protocol's self-repaying loan structure, where deposited collateral's yield amortizes the borrow. The October 6, 2026 snapshot prices a $10.0 million asset-wide market cap against a $1.6 million fully-diluted read of the local float of 1.7 million units — a small Optimism slice of a multi-chain stable.
The local book is deeper than it looks and quieter than it should be: $1.1 million of tracked depth reads deep against that float, while $1.9 thousand of 24-hour volume is a nearly dormant tape — the pool exists; the flow mostly does not. For an exit-sized holder that pairing is the real information: depth on paper, and a tape that rarely tests it.
FAQ
Which is bigger, USDT or ALUSD?
By tracked market cap: USDT (BNB Chain) measures $9.19B and ALUSD (Optimism) measures $9.99M — dated snapshots, not a live feed.
Which is safer, USDT or ALUSD?
On the contract checks we publish: USDT (BNB Chain) grades B and ALUSD (Optimism) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have USDT and ALUSD performed over the shared window?
Between 2026-09-21 and 2026-10-15T21:43:45, the measured snapshots show USDT at −0.06% and ALUSD at −0.74%.
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.