Ask about stUSDT · freeTotal Value Locked$8.71m
TVL by Chain
Tron$8.69m
Ethereum$18,664
Key Metrics
Fees 30d$180,603
Fees 30d by chain
Tron$174,801
Ethereum$5,802
Fees 7d$50,348
Tron$48,778
Ethereum$1,570
Fees 24h$8,935
Tron$8,935
Ethereum$0
Cumulative Fees$2.25m
Tron$2.17m
Ethereum$76,230
Revenue 30d$9,145
Revenue 30d by chain
Tron$9,142
Ethereum$3.40
Revenue 7d$8,943
Tron$8,940
Ethereum$2.96
Revenue 24h$8,935
Tron$8,935
Ethereum$0
Cumulative Revenue$37,921
Tron$37,749
Ethereum$171.56
Holders Revenue 30d$0
Holders Revenue 30d by chain
Ethereum$0
Tron$0
Holders Revenue 7d$0
Ethereum$0
Tron$0
Holders Revenue 24h$0
Ethereum$0
Tron$0
Cumulative Holders Revenue$0
Ethereum$0
Tron$0
Market Cap$9.71m
$STUSDT Price$1
Fully Diluted Valuation$9.71m
$STUSDT Volume 24h$1.27
CEX Volume$0
DEX Volume$1.27(100% of total)
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees include stUSDT unstaking fees and net stUSDT rebase yield distributed to holders.View code on GitHubRevenue: Unstaking fees retained by the stUSDT-RWA contract are counted as protocol revenue.View code on GitHubHolders Revenue: View code on GitHubYields
Pools Tracked2
Average Supply APY4.66%
Competitors
stUSDT history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 4, 2023 to Nov 14, 2026.
All-time high TVL: $2.301b on Nov 22, 2023. All-time low TVL: $9.49m on Nov 14, 2026.
Daily TVL, Oct 16, 2026 to Nov 14, 2026
| Date | TVL |
|---|---|
| Oct 16, 2026 | $56.33m |
| Oct 17, 2026 | $56.34m |
| Oct 18, 2026 | $56.33m |
| Oct 19, 2026 | $56.33m |
| Oct 20, 2026 | $56.34m |
| Oct 21, 2026 | $56.34m |
| Oct 22, 2026 | $56.31m |
| Oct 23, 2026 | $56.29m |
| Oct 24, 2026 | $56.3m |
| Oct 25, 2026 | $56.3m |
| Oct 26, 2026 | $56.3m |
| Oct 27, 2026 | $56.29m |
| Oct 28, 2026 | $56.27m |
| Oct 29, 2026 | $56.29m |
| Oct 30, 2026 | $56.26m |
| Oct 31, 2026 | $56.23m |
| Nov 1, 2026 | $56.25m |
| Nov 2, 2026 | $56.24m |
| Nov 3, 2026 | $56.21m |
| Nov 4, 2026 | $56.23m |
| Nov 5, 2026 | $56.25m |
| Nov 6, 2026 | $56.22m |
| Nov 7, 2026 | $56.24m |
| Nov 8, 2026 | $47.66m |
| Nov 9, 2026 | $47.67m |
| Nov 10, 2026 | $47.62m |
| Nov 11, 2026 | $47.62m |
| Nov 12, 2026 | $47.62m |
| Nov 13, 2026 | $47.5m |
| Nov 14, 2026 | $9.49m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $55.45m |
| Jan 31, 2025 | $57.77m |
| Feb 28, 2025 | $57.53m |
| Mar 31, 2025 | $57.12m |
| Apr 30, 2025 | $56.26m |
| May 31, 2025 | $60.53m |
| Jun 30, 2025 | $60.08m |
| Jul 31, 2025 | $59.85m |
| Aug 31, 2025 | $60.66m |
| Sep 30, 2025 | $63.4m |
| Oct 31, 2025 | $60.58m |
| Nov 30, 2025 | $58.92m |
| Dec 31, 2025 | $60.32m |
| Jan 31, 2026 | $62.1m |
| Feb 28, 2026 | $63.13m |
| Mar 31, 2026 | $63.05m |
| Apr 30, 2026 | $62.8m |
| May 31, 2026 | $65.14m |
| Jun 30, 2026 | $60.22m |
| Jul 31, 2026 | $61.86m |
| Aug 31, 2026 | $62.86m |
| Sep 30, 2026 | $61.09m |
| Oct 31, 2026 | $56.23m |
| Nov 14, 2026 (latest) | $9.49m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $2.289b |
| Dec 31, 2024 | $55.45m |
| Dec 31, 2025 | $60.32m |
Fees, revenue and holders revenue by UTC calendar month, May 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| May 2025 | $64,973 | $53.46 | $0 |
| Jun 2025 | $120,888 | $1,197 | $0 |
| Jul 2025 | $83,153 | $143.35 | $0 |
| Aug 2025 | $116,485 | $323 | $0 |
| Sep 2025 | $152,362 | $1,646 | $0 |
| Oct 2025 | $152,453 | $4,895 | $0 |
| Nov 2025 | $170,277 | $2,725 | $0 |
| Dec 2025 | $142,013 | $986.23 | $0 |
| Jan 2026 | $118,097 | $612.81 | $0 |
| Feb 2026 | $79,938 | $1,265 | $0 |
| Mar 2026 | $82,364 | $2,190 | $0 |
| Apr 2026 | $93,186 | $2,640 | $0 |
| May 2026 | $103,045 | $1,371 | $0 |
| Jun 2026 | $98,659 | $436.98 | $0 |
| Jul 2026 | $122,565 | $788.73 | $0 |
| Aug 2026 | $134,395 | $295.76 | $0 |
| Sep 2026 | $157,038 | $6,276 | $0 |
| Oct 2026 | $171,156 | $1,134 | $0 |
| Nov 2026 (to date) | $94,758 | $17,878 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/stusdt
Frequently asked questions
What is stUSDT's TVL?
As of Nov 14, 2026, stUSDT has $8.71m in total value locked. TVL has decreased 84.5% over the past 30 days.
What chains does stUSDT operate on?
stUSDT operates on 2 chains: Tron and Ethereum. Tron holds the largest share at 99.8%.
How much has stUSDT generated in fees and revenue?
Over the past 30 days, stUSDT generated $180,603 in fees. Of that, $9,145 was protocol revenue. Based on the trailing year, the annualized rate is $1.48m in fees and $28,601 in revenue.
What is the STUSDT token price and valuation?
STUSDT is currently trading at $1. Its circulating market capitalization is $9.71m, ranking it #1,474. Its fully diluted valuation is $9.71m. Supply currently stands at 9.71m circulating, 8.72m total supply.
How has STUSDT performed recently?
STUSDT is down 0.2% over the past 7 days and up 0.5% over the past 30 days. Its all-time high is $2.01, reached on Dec 6, 2024. The token is currently 50.3% below that level.
How does stUSDT's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, stUSDT ranks #29 by TVL. The category holds $3.468b across 179 protocols, and stUSDT accounts for 0.3% of that total. Similar protocols include Re, Huma, Ethena USDtb, OpenTrade, Plume Vaults, Theo Network thUSD, Frax USD, Ember, Usual USD0, and Sky RWA.
How many yield pools does stUSDT have?
DefiLlama tracks 2 stUSDT yield pools with an average APY of 4.7%.