USDT0(USDT0)

Token Price$1+0.02%over 24h

All Time HighJan 23, 2025$1.05

All Time LowFeb 27, 2025$0.98

Key Metrics

Market Cap$3.203b

Fully Diluted Valuation$3.203b

Circ. Supply3.207b USDT0

Volume 24h$233,807

CEX$0

Spot$0

USD Perp$0

COIN Perp$0

DEX$233,807

Spot$233,807

USD Perp$0

COIN Perp$0

Website X/Twitter

Risks

How much debt can be issued against USDT0 as collateral across lending protocols.

Maximum possible exposure to USDT0

$76.66m

$70.29m (max additional borrows against USDT0) + $6.38m (bad debt if USDT0 was hacked now)

Aave V3

$69m at-risk exposure = $6.35m bad debt if hacked + $62.65m additional borrowable against USDT0

HyperLend Pooled

$3.11m at-risk exposure = -- bad debt if hacked + $3.11m additional borrowable against USDT0

Neverland

$2.14m at-risk exposure = -- bad debt if hacked + $2.14m additional borrowable against USDT0

Euler V2

$1.96m at-risk exposure = $26,673 bad debt if hacked + $1.93m additional borrowable against USDT0

Compound V3

$456,887 at-risk exposure = $5.55 bad debt if hacked + $456,882 additional borrowable against USDT0

Morpho V1

$923.01 at-risk exposure = $828.41 bad debt if hacked + $94.60 additional borrowable against USDT0

Methodology and limitations

Showing collateral exposure for USDT0 on onchain. Max Borrowable uses the backend's liquidity-bounded borrow-capacity metric (`collateralMaxBorrowUsdLiquidity`) for the maximum additional USD debt that can be issued against the asset right now. Bad Debt at $0 is the minimum known bad debt if the collateral asset price goes to zero; null rows are excluded from this total rather than treated as zero, so totals may remain lower bounds.

These metrics describe lending exposure only and are not a full protocol risk rating.
This view does not include multisigs, timelocks, audits, oracle incidents, listing discussions, curator reports, or protocol backstops.
Chain-specific drilldown is exact only when the token resolves to a concrete chain:address.
Bad debt at $0 is a lower bound when some contributing markets return null for zero-price bad debt; null rows are excluded instead of being treated as zero.

Show exposure details

Each row is one protocol-chain exposure for USDT0 as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.

Protocol	Chain
Aave V3	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$53.7m	$3.21m
Aave V3	Polygon	USDT00xc2132d05d31c914a87c6611c10748aeb04b58e8f	$8.95m	$3.14m
HyperLend Pooled	Hyperliquid L1	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$3.11m	—
Neverland	Monad	USDT00xe7cd86e13ac4309349f30b3435a9d337750fc82d	$2.14m	—
Euler V2	Unichain	USDT00x9151434b16b9763660705744891fa906f660ecc5	$1.7m	$15,721
Compound V3	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$456,882	$5.55
Euler V2	Plasma	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$173,124	$1,593
Euler V2	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$61,186	$9,359
Morpho V1	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$94.60	$828.41

Loading exposure details...

Markets

Loading USDT0 markets...

Token Usage

Token usage needs a subscription

Liquidations

Token liquidations need a subscription

Yields

Showing 10 of 320 pools

Pool	Reference	Protocol
1 aPlaUSDT0Aave Plasma USDT0	USDT0	Aave V3	$814.31m	4.65%3.95%+0.70%	Stable 90
2 aManUSDT0Aave Mantle USDT0	USDT0	Aave V3	$178.49m	4.45%3.09%+1.36%	Stable 99
3 aMonUSDT0Aave Monad USDT0	USDT0	Aave V3	$76.43m	5.60%3.92%+1.68%	Stable 89	399
4 aArbUSDTAave Arbitrum USDT	USD₮0	Aave V3	$48.28m	3.43%	Stable 88	25,151
5 aXlrUSDT0Aave XLayer USDT0	USD₮0	Aave V3	$44.97m	2.81%	Stable 86	3,109
6 fUSDTFluid Tether USD	USD₮0	Fluid Lending	$40.18m	4.23%	Stable 93	1,618
7 aPolUSDTAave Polygon USDT	USDT0	Aave V3	$32.17m	3.28%	Stable 96	27,609
8 fUSDT0Fluid USDT0	USDT0	Fluid Lending	$23.17m	5.08%	Stable 85
9 COREUSDT0Core USDT0	USD₮0	Mystic Finance Lending🪂	$21.55m	4.29%	Stable 83
10 gtusdtbStableEarn	USDT0	Morpho Blue	$20.6m	6.57%6.41%+0.15%	Stable 93

Loading yield pools...

Page 1 of 32

Borrow

Showing 10 of 86 routes

Use USDT0Borrow USDT0

Collateral / Borrow	Protocol
1 USD₮0 / FXRP	Kinetic	+12.45%	13.13%11.23%+1.90%	0.68%	$23.02m	80%
2 USD₮0 / enzoBTC	Takara Lend🪂	+11.82%	11.82%9.91%+1.91%	0.00%	$21.54m	75%
3 USD₮0 / M-BTC	Takara Lend🪂	+11.82%	11.82%9.91%+1.91%	0.00%	$3.59m	75%
4 USD₮0 / uBTC	Takara Lend🪂	+11.82%	11.82%9.91%+1.91%	<0.01%	$18.35m	75%
5 USD₮0 / stXRP	Kinetic	+11.11%	13.13%11.23%+1.90%	2.02%	$26,716	80%
6 USD₮0 / WFLR	Kinetic	+11.11%	13.13%11.23%+1.90%	2.02%	$24,401	80%
7 USD₮0 / flrETH	Kinetic	+11.08%	13.13%11.23%+1.90%	2.05%	$2.16m	80%
8 USD₮0 / sFLR	Kinetic	+10.61%	13.13%11.23%+1.90%	2.52%	$4.09m	80%
9 USDT0 / cbBTCNeverland Markets	Neverland	+10.58%	9.69%2.77%+6.92%	-0.88%4.94%-5.82%	$116,377	85%
10 USD₮0 / FXRP	Kinetic	+9.93%	10.61%8.75%+1.86%	0.68%	$23.02m	80%

Loading borrow routes...

Page 1 of 9

Protocol	Chain
Aave V3	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$53.7m	$3.21m
Aave V3	Polygon	USDT00xc2132d05d31c914a87c6611c10748aeb04b58e8f	$8.95m	$3.14m
HyperLend Pooled	Hyperliquid L1	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$3.11m	—
Neverland	Monad	USDT00xe7cd86e13ac4309349f30b3435a9d337750fc82d	$2.14m	—
Euler V2	Unichain	USDT00x9151434b16b9763660705744891fa906f660ecc5	$1.7m	$15,721
Compound V3	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$456,882	$5.55
Euler V2	Plasma	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$173,124	$1,593
Euler V2	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$61,186	$9,359
Morpho V1	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$94.60	$828.41

Pool	Reference	Protocol
1 aPlaUSDT0Aave Plasma USDT0	USDT0	Aave V3	$814.31m	4.65%3.95%+0.70%	Stable 90
2 aManUSDT0Aave Mantle USDT0	USDT0	Aave V3	$178.49m	4.45%3.09%+1.36%	Stable 99
3 aMonUSDT0Aave Monad USDT0	USDT0	Aave V3	$76.43m	5.60%3.92%+1.68%	Stable 89	399
4 aArbUSDTAave Arbitrum USDT	USD₮0	Aave V3	$48.28m	3.43%	Stable 88	25,151
5 aXlrUSDT0Aave XLayer USDT0	USD₮0	Aave V3	$44.97m	2.81%	Stable 86	3,109
6 fUSDTFluid Tether USD	USD₮0	Fluid Lending	$40.18m	4.23%	Stable 93	1,618
7 aPolUSDTAave Polygon USDT	USDT0	Aave V3	$32.17m	3.28%	Stable 96	27,609
8 fUSDT0Fluid USDT0	USDT0	Fluid Lending	$23.17m	5.08%	Stable 85
9 COREUSDT0Core USDT0	USD₮0	Mystic Finance Lending🪂	$21.55m	4.29%	Stable 83
10 gtusdtbStableEarn	USDT0	Morpho Blue	$20.6m	6.57%6.41%+0.15%	Stable 93

Collateral / Borrow	Protocol
1 USD₮0 / FXRP	Kinetic	+12.45%	13.13%11.23%+1.90%	0.68%	$23.02m	80%
2 USD₮0 / enzoBTC	Takara Lend🪂	+11.82%	11.82%9.91%+1.91%	0.00%	$21.54m	75%
3 USD₮0 / M-BTC	Takara Lend🪂	+11.82%	11.82%9.91%+1.91%	0.00%	$3.59m	75%
4 USD₮0 / uBTC	Takara Lend🪂	+11.82%	11.82%9.91%+1.91%	<0.01%	$18.35m	75%
5 USD₮0 / stXRP	Kinetic	+11.11%	13.13%11.23%+1.90%	2.02%	$26,716	80%
6 USD₮0 / WFLR	Kinetic	+11.11%	13.13%11.23%+1.90%	2.02%	$24,401	80%
7 USD₮0 / flrETH	Kinetic	+11.08%	13.13%11.23%+1.90%	2.05%	$2.16m	80%
8 USD₮0 / sFLR	Kinetic	+10.61%	13.13%11.23%+1.90%	2.52%	$4.09m	80%
9 USDT0 / cbBTCNeverland Markets	Neverland	+10.58%	9.69%2.77%+6.92%	-0.88%4.94%-5.82%	$116,377	85%
10 USD₮0 / FXRP	Kinetic	+9.93%	10.61%8.75%+1.86%	0.68%	$23.02m	80%

Overview