HostUSDTB vs APYUSD — price, size and safety, side by side
USDTB (Ethereum) vs APYUSD (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.
USDTB vs APYUSD — normalized performance, 2026-10-09 to 2026-10-16T21:15:32
| USDTB | APYUSD | |
|---|---|---|
| Price | $0.9997 | $1.35 |
| Market cap | $490.66M | $162.66M |
| 24h volume | $242.44K DEX | $2.18M DEX |
| Liquidity | $10.50M | $9.09M |
| FDV | $490.66M | $155.95M |
| Holders | 295,077 | — |
| Age (days) | 631 | 191 |
| Safety grade | B | B |
Where they differ
- USDTB measures ~3.0× the market cap of APYUSD
- APYUSD measures ~9.0× the 24h volume of USDTB
What the data says
USDTB
USDtb is BlackRock's tokenized-T-bill answer to Tether — the stablecoin Ethena issues backed by BUIDL fund shares, built to hold a dollar peg with the largest asset manager's fund as the reserve. The deployment 0xc139190f447e929f090edeb554d95abb8b18ac1c is the Ethereum mint; our October 6, 2026 snapshot reads $11 million of tracked pool liquidity.
The honest framing: USDtb's reserve is only as liquid as BUIDL itself — a fund that settles like a security, not a money-market claim, which means redemptions inherit the fund's terms, not a stablecoin's usual instant-exit promise. That is a feature for holders who want T-bill duration and a constraint for anyone assuming redemption is instant.
APYUSD
One detail on APYUSD didn't fully resolve in the 2026-10-09 snapshot: its contract controls. So rather than assume anything either way, it's worth a direct check, and a quick live scan will confirm the current state for you.
On the trading data, APYUSD shows $9.09M of on-chain liquidity and a maturing 191-day history as of 2026-10-09. Against roughly $162.66M in market cap, the $9.09M of liquidity is genuinely healthy: deep enough that ordinary trades clear cleanly, which is exactly what you want to see.
FAQ
Which is bigger, USDTB or APYUSD?
By tracked market cap: USDTB (Ethereum) measures $490.66M and APYUSD (Ethereum) measures $162.66M — dated snapshots, not a live feed.
Which is safer, USDTB or APYUSD?
On the contract checks we publish: USDTB (Ethereum) grades B and APYUSD (Ethereum) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have USDTB and APYUSD performed over the shared window?
Between 2026-10-09 and 2026-10-16T21:15:32, the measured snapshots show USDTB at +0.03% and APYUSD at −1.39%.
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, 2026-10-09→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.