Ask about TetherKey Metrics
Fees (Annualized)$5.926b
Fees 30d$482.37m
Off Chain$482.37m
Fees 7d$112.2m
Off Chain$112.2m
Fees 24h$16.04m
Off Chain$16.04m
Cumulative Fees$18.957b
Off Chain$18.957b
Revenue (Annualized)$5.926b
Revenue 30d$482.37m
Off Chain$482.37m
Revenue 7d$112.2m
Off Chain$112.2m
Revenue 24h$16.04m
Off Chain$16.04m
Cumulative Revenue$18.957b
Off Chain$18.957b
Total Raised$600m
Nov 23, 2023$600mRound: EquityInvestors: Cantor Fitzgerald
Protocol Information
Tether is a company that issues the USDT stablecoin, facilitating stable value transfers across blockchain networks
Category:Stablecoin Issuer
Methodology
Fees: Asset yields from USDT backing investments: US Treasury Bills and other fixed-income assets like repos, commercial paper, money market funds and secured loans.View code on GitHubRevenue: Asset yields from USDT backing investments (US Treasury Bills and other fixed-income assets like repos, commercial paper, money market funds and secured loans) collected by Tether.View code on GitHubFrequently Asked Questions
What is Tether?
Tether is a company that issues the USDT stablecoin, facilitating stable value transfers across blockchain networks
What chains does Tether operate on?
Tether operates on Off Chain.
How much has Tether generated in fees and revenue?
Over the past 30 days, Tether generated $482.37m in fees. Of that, $482.37m was protocol revenue. Based on the trailing year, the annualized rate is $5.926b in fees and $5.926b in revenue.
How does Tether's TVL compare to similar protocols?
Among Stablecoin Issuer protocols tracked by DefiLlama, Tether ranks #3 by TVL. The category holds $287.9m across 6 protocols, and Tether accounts for 0% of that total. Other leading protocols include M0, Circle, and MetaMask.
