HostWAVAX vs USDT — price, size and safety, side by side
WAVAX (Avalanche) vs USDT (BNB Chain) — every figure is the freshest dated measurement we hold for that token, never a live-feed guess. Prices stamped 2026-10-17 / 2026-10-17.
WAVAX vs USDT — normalized performance, 2026-09-21 to 2026-10-17T03:15:24
| WAVAX | USDT | |
|---|---|---|
| Price | $9.93 | $0.9991 |
| Market cap | $186.13M | $9.19B |
| 24h volume | $69.56M DEX | $1.12B DEX |
| Liquidity | $19.47M | $548.60M |
| FDV | $186.31M | $9.19B |
| Holders | 362,576 | 80,624,971 |
| Age (days) | 343 | 311 |
| Safety grade | A | B |
Where they differ
- USDT measures ~49× the market cap of WAVAX
- USDT measures ~28× the liquidity of WAVAX
- USDT measures ~16× the 24h volume of WAVAX
- USDT measures ~222× the holder count of WAVAX
- over the shared window WAVAX moved −12.7% while USDT moved −0.04%
What the data says
WAVAX
WAVAX at 0xb31f66aa3c1e785363f0875a1b74e27b85fd66c7 is Wrapped AVAX — the ERC-20 form of Avalanche's gas token, one AVAX in and one WAVAX out, existing so C-Chain DeFi can hold the native asset inside contract logic. The October 9, 2026 snapshot grades it A: the contract cannot mint new supply, cannot freeze balances, and is not a proxy. A wrapper should be boring; this one is.
The market structure is anything but quiet: 362,576 holders and $19.5 million of tracked pool depth against a $186.1 million wrapped float of 16.9 million units — and $114.7 million of 24-hour volume, turnover running at several times the pool depth. That is what a gas-asset wrapper is for: it is the settlement leg of the whole chain's trading. The ten largest wallets holding 84.3% of supply is the expected silhouette — DEX pools, bridges and routers dominate the large-holder bracket on a wrapped native token.
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.
FAQ
Which is bigger, WAVAX or USDT?
By tracked market cap: WAVAX (Avalanche) measures $186.13M and USDT (BNB Chain) measures $9.19B — dated snapshots, not a live feed.
Which is safer, WAVAX or USDT?
On the contract checks we publish: WAVAX (Avalanche) grades A and USDT (BNB Chain) grades B. A grade is a structural check on the contract, not a promise about the asset.
How have WAVAX and USDT performed over the shared window?
Between 2026-09-21 and 2026-10-17T03:15:24, the measured snapshots show WAVAX at −12.7% and USDT at −0.04%.
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→2026-10-17T03:15:24; 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.