Overview
Tether(USDT)
Token Price$1
24h Change-0.015%
All Time HighJul 24, 2018$1.32
All Time LowMar 2, 2015$0.57
Key Metrics
Market Cap$184.21b
Fully Diluted Valuation$189.592b
Circ. Supply184.38b USDT
Volume 24h$45.167b
CEX Volume$14.089b
DEX Volume$5.347b
Risks
How much debt can be issued against USDT as collateral across lending protocols.
Maximum possible exposure to USDT
$1.099b
$892.45m (max additional borrows against USDT) + $206.27m (bad debt if USDT was hacked now)
Aave V3
$575.53m at-risk exposure = $47.13m bad debt if hacked + $528.41m additional borrowable against USDT
Venus Core Pool
$345.37m at-risk exposure = $14.81m bad debt if hacked + $330.56m additional borrowable against USDT
Compound V3
$29.38m at-risk exposure = $0.27 bad debt if hacked + $29.38m additional borrowable against USDT
Euler V2
$4.06m at-risk exposure = -- bad debt if hacked + $4.06m additional borrowable against USDT
Lista Lending
$234,236 at-risk exposure = $192,555 bad debt if hacked + $41,681 additional borrowable against USDT
Morpho V1
$140.89m at-risk exposure = $140.89m bad debt if hacked + $1 additional borrowable against USDT
Maple
$3.25m at-risk exposure = $3.25m bad debt if hacked + $0 additional borrowable against USDT
SparkLend
$1.85 at-risk exposure = $1.85 bad debt if hacked + $0 additional borrowable against USDT
Methodology and limitations
Showing collateral exposure for USDT on onchain. Max Borrowableuses 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 USDT as collateral. Bad debt at $0 totals remain lower bounds when a row is marked partial.
Protocol | Chain | |||
|---|---|---|---|---|
USDT0xdac17f958d2ee523a2206206994597c13d831ec7 | $473.52m | $47.13m | ||
USDT0x55d398326f99059ff775485246999027b3197955 | $330.56m | $14.81m | ||
USDT0x9702230a8ea53601f5cd2dc00fdbc13d4df4a8c7 | $41.45m | — | ||
USDT0xdac17f958d2ee523a2206206994597c13d831ec7 | $29.26m | — | ||
USDT0x55d398326f99059ff775485246999027b3197955 | $9.06m | — | ||
USDT0x94b008aa00579c1307b0ef2c499ad98a8ce58e58 | $4.38m | — | ||
USDT0xdac17f958d2ee523a2206206994597c13d831ec7 | $4m | — | ||
USDT0x94b008aa00579c1307b0ef2c499ad98a8ce58e58 | $126,752 | $0.27 | ||
USDT0xa219439258ca9da29e9cc4ce5596924745e12b93 | $65,804 | — | ||
USDT0x55d398326f99059ff775485246999027b3197955 | $41,681 | $192,555 |
Markets
Token Usage
An is required to view token usage.
Liquidations
An is required to view token liquidations.
Yields
Showing 10 of 1248 pools
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabWETH-USDTCL - 10 | 🪂 | $276,485 | 8256% | 0% | 8256% | 15518% | |||
| open in new tabXAUT-USDTCL - 10 | 🪂 | $92,615 | 1773% | 0% | 1773% | 1757% | |||
| open in new tabUSDT-BILL0.3% | $87,488 | 2725% | 2725% | 420% | |||||
| open in new tabWBTC-USDTCL - 10 | 🪂 | $34,010 | 21270% | 0% | 21270% | 13114% | |||
| open in new tabCES-USDT0.3% | $28,637 | 1994% | 1994% | 667% | |||||
| open in new tabOWL-USDT1% | $28,240 | 2919% | 2919% | 1342% | |||||
| open in new tabUSDT-CZ1% | $19,349 | 3175% | 3175% | 6397% | |||||
| open in new tabUSDT-ESIM1% | $18,498 | 1928% | 1928% | 795% | |||||
| open in new tabUSDC-USDT | $10,670 | 6224% | 6224% | 43645% | |||||
| open in new tabUSDC-USDT | $10,179 | 14940% | 14940% | 6994% |
Borrow
Showing 10 of 12600 routes
Pool | Project | Chain | |||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabUSDT ➞ MOVE | $6,824 | 19.67% | 8.87% | 12.01% | 90% | $37,047 | $21,976 | ||
| open in new tabUSDT ➞ MOVE | $6,824 | 19.43% | 10.42% | 12.01% | 75% | $778,149 | $645,276 | ||
| open in new tabUSDT ➞ MOVE | $6,824 | 15.76% | 6.75% | 12.01% | 75% | $559,492 | $525,847 | ||
| open in new tabUSDT ➞ MOVE | $6,824 | 15.74% | 5.05% | 12.01% | 89% | $1.83m | $1.83m | ||
| open in new tabUSDT ➞ HAEDAL | $5,688 | 20.80% | 8.87% | 13.26% | 90% | $37,047 | $21,976 | ||
| open in new tabUSDT ➞ HAEDAL | $5,688 | 20.37% | 10.42% | 13.26% | 75% | $778,149 | $645,276 | ||
| open in new tabUSDT ➞ HAEDAL | $5,688 | 16.85% | 5.05% | 13.26% | 89% | $1.83m | $1.83m | ||
| open in new tabUSDT ➞ HAEDAL | $5,688 | 16.70% | 6.75% | 13.26% | 75% | $559,492 | $525,847 | ||
| open in new tabUSDT ➞ HAEDAL | 🪂 | $5,688 | 16.18% | 13.26% | 70% | $1.28m | $1.02m | ||
| open in new tabUSDT ➞ HAEDAL | 🪂 | $5,688 | 15.80% | 4.53% | 13.26% | 85% | $18,166 | $3,866 |