USDA vs WEUSD
Avalon USDa and WEUSD, compared on the things that decide whether you get your dollar back. Live data, updated continuously.
30-day peg gap and USDA/WEUSD spread
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Avalon USDa is a dollar-denominated token tracked across 9 chains. No verified issuer disclosure is on file, so its collateral and legal structure score conservatively.
Verdict band: Adequate
WEUSD is a dollar-denominated token tracked across 4 chains. No verified issuer disclosure is on file, so its collateral and legal structure score conservatively.
Verdict band: Caution
| Safety scoreComposite of collateral, peg, liquidity, issuer and track record. | ●●●●●5 of 5 | 72 | 54 | USDA |
|---|---|---|---|---|
| Collateral qualityWhat actually backs the token, and how liquid that backing is. | ●●●●●5 of 5 | 55 | 55 | Tie |
| Exit liquidityWhether you can leave at size without moving the price. | ●●●●●5 of 5 | $687.88M | $0.00 | USDA |
| Issuer & legal standingRegulatory perimeter, disclosure quality and redemption rights. | ●●●●4 of 5 | 48 | 48 | Tie |
| Peg tightness (live)Absolute distance from $1.00 right now — smaller is better. | ●●●●4 of 5 | 0.000% | 0.000% | Tie |
| Worst recorded depegHow badly the token has broken before, as a stress precedent. | ●●●●4 of 5 | None recorded | None recorded | Tie |
| Track recordYears live and behaviour through past stress events. | ●●●●4 of 5 | 53 | 53 | Tie |
| Scale / market capBigger float usually means broader venue support and tighter spreads. | ●●●3 of 5 | $145.57M | $498.0K | USDA |
| Chain reachNumber of networks where the token is natively deployed. | ●●●3 of 5 | 9 chains | 4 chains | USDA |
| Best available yieldUpside — but every extra point above T-bills is paid for with risk. | ●●2 of 5 | None | None | Tie |
"Matters" is our weighting of how much each dimension typically drives a real allocation decision. Sort any column to re-rank the tradeoffs by what matters to you.
The short answer
USDA scores higher on safety (72 vs 54), driven mainly by collateral quality and disclosure. USDA has deeper tracked liquidity ($687.88M), which is what determines whether you can exit at size.
If both are fiat-reserve tokens, note that holding both is not diversification: they share the same short-dated Treasury and banking exposure. Genuine diversification means mixing collateral structures.
Which one fits your goal: USDA or WEUSD?
Capital preservation over everything else.
For park cash safely, USDA is the better fit over WEUSD.
- Safety score 72 vs 54, with collateral rated 55/100.
- Current peg deviation 0.000% against 0.000% for WEUSD.
- No material depeg recorded for USDA in our incident log.
Concentrating in one issuer is a single point of failure regardless of score. Split across collateral structures.
Key risks, side by side
USDA
- Collateral volatility: a fast drawdown in backing assets can force liquidations.
- No depeg recorded in our incident log — absence of history is not a guarantee.
- Limited public attestation of reserves.
WEUSD
- Collateral volatility: a fast drawdown in backing assets can force liquidations.
- No depeg recorded in our incident log — absence of history is not a guarantee.
- Limited public attestation of reserves.
- Chain concentration: 93% of supply sits on Movement.
| Metric | USDA | WEUSD |
|---|---|---|
| Category | Stablecoin | Stablecoin |
| Issuer | Undisclosed | Undisclosed |
| Jurisdiction | Not documented | Not documented |
| Collateral | crypto-backed | crypto-backed |
| Peg mechanism | crypto-backed | crypto-backed |
| Attestation | none | none |
| Redemption | market-only | market-only |
| Price | $1.0000 | $1.0000 |
| Peg deviation | 0.000% | 0.000% |
| Market cap | $145.57M | $498.0K |
| 7d supply change | −1.65% | −0.01% |
| Liquidity | $687.88M | $0.00 |
| Best yield | None | None |
| Chains | 9 | 4 |
| Launched | — | — |
| Worst recorded depeg | None recorded | None recorded |
Spread, peg gap and switching cost
- Price spread (USDA vs WEUSD)
- +0.0 bps
- $1.0000 vs $1.0000
- Peg deviation gap
- 0.000 pp
- USDA 0.000% · WEUSD 0.000%
- Yield spread
- +0.00%
- USDA — · WEUSD —
- Liquidity ratio
- —
- $687.88M vs $0.00
A round trip between USDA and WEUSD costs roughly the market spread plus venue fees. At 0.0 bps of price gap, swapping $1M implies about $0.00 of price impact before fees — usually only worth it if the peg gap or yield spread is durable, not intraday noise.
Chain coverage
USDA is live on 9 chains, WEUSD on 4. 2 chains carry both, so bridging is only unavoidable for the 9 networks where just one of them is deployed.
| Chain | USDA | WEUSD | Both available |
|---|---|---|---|
| $86.65M | — | USDA only | |
| $36.68M | $465.1K | Yes | |
| $11.10M | $28.7K | Yes | |
| $7.52M | — | USDA only | |
| $2.69M | — | USDA only | |
| $533.3K | — | USDA only | |
| $309.7K | — | USDA only | |
| $40.5K | — | USDA only | |
| $38.3K | — | USDA only | |
| — | $2.5K | WEUSD only | |
| — | $1.7K | WEUSD only |
USDA vs WEUSD: frequently asked questions
Is USDA or WEUSD safer?
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On our composite safety score USDA rates 72/100 versus 54/100 for WEUSD. The score weighs collateral quality (crypto-backed vs crypto-backed), redemption rights, attestation quality, peg history and liquidity depth. A higher score is not a guarantee: both remain issuer-credit and smart-contract exposures, not insured bank deposits.
What is the difference between USDA and WEUSD?
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Avalon USDa is issued by Undisclosed (Not documented), backed by crypto-backed, with redemption terms: market-only. WEUSD is issued by Undisclosed (Not documented), backed by crypto-backed, with redemption terms: market-only. Attestation coverage is "none" for USDA and "none" for WEUSD.
Which has the bigger market cap, USDA or WEUSD?
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USDA is larger at $145.57M in circulating supply, against $498.0K for the other. Over the last 7 days supply moved −1.65% for USDA and −0.01% for WEUSD.
Are USDA and WEUSD trading at $1.00 right now?
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USDA trades at $1.0000 (0.000% off peg) and WEUSD at $1.0000 (0.000% off peg). The gap between the two is about 0.0 basis points, which is the cost you pay when rotating size between them before fees.
Has USDA or WEUSD ever depegged?
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USDA: no material depeg recorded in our incident set. WEUSD: no material depeg recorded in our incident set. Past peg behaviour under stress is the single best available proxy for how a token trades in the next crisis.
Which is better for large institutional size, USDA or WEUSD?
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For block size the constraint is exit liquidity and primary redemption, not headline supply. USDA shows deeper on-chain liquidity at $687.88M versus $0.00. Combine that with the redemption channel — USDA: market-only; WEUSD: market-only — and size trades against the primary window rather than the order book where possible.
Can I earn yield on USDA or WEUSD?
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Neither USDA nor WEUSD currently has a tracked yield venue in our dataset. Holding either in a wallet pays nothing; any advertised rate comes from lending or liquidity provision on top, with its own risk.
Which chains support both USDA and WEUSD?
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Both are deployed on 2 shared networks, including Movement, BSC. USDA spans 9 chains in total and WEUSD spans 4. Bridged supply on a chain is not the same as natively issued supply, and it usually carries the bridge's risk rather than the issuer's.
What does it cost to switch from USDA to WEUSD?
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Budget three components: the current price spread of roughly 0.0 bps, swap or venue fees, and slippage against available depth ($687.88M for USDA, $0.00 for WEUSD). For meaningful size, redeeming with the issuer and minting the other side is often cheaper than a secondary-market swap.
Is USDA or WEUSD regulated?
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USDA is issued from Not documented with none; WEUSD is issued from Not documented with none. Regulatory status varies by your own jurisdiction and by whether the token is offered under a specific stablecoin regime, so treat this as a starting point for diligence, not legal advice.