DEXONOMICS

Tether USD USDT

$0.9942 -0.34% 24h
28/100
Grade F
ON-CHAIN HEALTH INDEX
Chart data not available yet

USDT/USD price action, 0 candles at 15m. Data refreshes on every page load.

$0.9942
Price
n/a
Market cap
$87.80B
FDV
$366
Liquidity
$125.3K
24h volume
776
24h txns

What is Tether USD (USDT)?

Tether USD (USDT) is a token trading on Ethereum at $0.9942. Its main pool holds $366 of liquidity on Uniswap V4 Ethereum, paired against JPYC. Over the last 24 hours USDT has fallen -0.34% on $125.3K of trading volume across 776 transactions.

The pair was created 9 months ago (Jan 2, 2026). Liquidity is thin, so price can move violently on small trades and exiting a position may be difficult.

USDT history: the key events, on-chain

Jan 2, 2026
Pool created on Uniswap V4 EthereumThe USDT/JPYC pair went live and became tradable on Ethereum.
Sep 19, 2026
Trading at $0.9942$366 liquidity, $125.3K in 24h volume, 392 buys against 384 sells.

USDT tokenomics and supply

Total supplyNot reported
Market capn/a
Fully diluted valuation$87.80B
Circulating estimateNot reported
DecimalsNot reported
Pool address0xce3f...ce23

Both addresses link straight to Etherscan. Every figure in this table is read from the chain and you can verify it there.

Supply data for USDT is not fully reported on-chain, so treat valuation figures with caution.

USDT on-chain data, signal by signal

We are not auditors and we do not certify any token as safe. What follows are measurable facts read from the chain, each one stated so you can check it yourself. The index simply summarises them into a number: USDT sits at 28/100. Every threshold and penalty behind that figure is published in full on our methodology page.

LiquidityUnder $5k ($366)
Volume342x liquidity, wash trading likely
Trades392 buys / 384 sells
Age259d old, long track record
Risk flags

USDT contract checks, reported by GoPlus Security

These checks come from GoPlus Security, an independent contract scanner. We publish their reading, we do not produce it.

Holders1
Top 10 wallets hold49.9% of supply
Contract source publishedYes
Deployer0x36928500bc1dcd7af6a2b4008875cc336b927d57

What moves the USDT price?

USDT is a Ethereum token, so its price is set entirely by what happens in its liquidity pools rather than by any order book. Volume is currently running at 342.4 times pool liquidity, meaning the pool turns over many times a day. That produces sharp moves in both directions and makes the price highly sensitive to a handful of large trades. The main drivers are the depth of that pool, how concentrated the holder base is, general Ethereum market conditions, and social attention. For a token with a F grade, position size discipline matters more than any price prediction.

USDT to USD converter and price calculator

USDTUSD
2 USDT$2
20 USDT$20
200 USDT$199
2,000 USDT$2.0K
20,000 USDT$19.9K
USDUSDT
$1010.06 USDT
$100100.58 USDT
$1,0001,006 USDT
$10,00010,058 USDT
$100,000100,580 USDT

USDT markets and top pools

Only one active pool is currently tracked for USDT.

Liquidity spread across several pools generally means a healthier market: a single pool is easier to drain or manipulate than four.

How to buy Tether USD (USDT)

  1. Get a Ethereum wallet. Install MetaMask or Rabby and fund it with ETH.
  2. Open a DEX. USDT trades mainly on Uniswap V4 Ethereum. Paste the contract address rather than searching the ticker: names can be copied by scam tokens.
  3. Verify the contract. Check it against the address on this page: 0xdac17f958d2ee523a2206206994597c13d831ec7 You can open that address on Etherscan and confirm supply, holders and transfers yourself instead of taking our word for it.
  4. Set slippage sensibly. With $366 of liquidity, even small orders move the price. Use small sizes and expect high slippage.
  5. Confirm and review. After the swap, verify the tokens landed and that you can sell a small amount back. If a sell fails, treat it as a honeypot.

USDT versus other Ethereum pairs

TokenPrice24hLiquidityScore
USDT (this page)$0.9942-0.34%$366F 28
CJPY price$0.00511+0.28%$550D 57
BLIND price$7.55e-8-99.8%$608D 50
ACAT price$0.00001822-72.0%$674D 50
DNT price$0.005754-6.97%$725C 60
HYDRA price$0.00009978+926%$779F 30

Is Tether USD (USDT) holding its peg?

USDT is designed to track a currency rather than to appreciate, so the useful question is not where the price is going but how tightly it is holding. Right now it trades at $0.9942, fallen -0.34% over 24 hours.

What that means in practice: a peg is only as good as the pool behind it. This pair holds $366 of liquidity and traded $125.3K in the last 24 hours. Liquidity is what absorbs a large redemption without the price slipping, so a thin pool can show a clean price right up until somebody actually tries to exit through it. The numbers on this page are read from that pool, not from an issuer's dashboard.

A stable price is not a guarantee of backing. What the chain can show you is depth and turnover; what it cannot show you is the reserve behind the token. For that, check the issuer's own attestations.

How to trade USDT safely

USDT FAQ

What is the price of USDT today?

Tether USD (USDT) trades at $0.9942, fallen -0.34% over the last 24 hours.

What do the on-chain numbers say about USDT?

We are not auditors and do not certify tokens. Measured from the chain, USDT sits at 28 out of 100 on our on-chain health index, computed from liquidity, volume quality, buy/sell balance and pair age. Flagged risks: Negligible liquidity, high rug risk; 24h volume is 342 times pool liquidity, a strong wash trading signal.

How much liquidity does USDT have?

The tracked pool holds $366 of liquidity. Liquidity determines how much you can trade before moving the price and how easily you can exit.

Where can I buy Tether USD (USDT)?

USDT trades on Ethereum, mainly through Uniswap V4 Ethereum. Always paste the contract address instead of searching by ticker.

What is the 24 hour trading volume of USDT?

USDT has traded $125.3K in the last 24 hours across 776 transactions, split 392 buys and 384 sells.

When was USDT launched?

The tracked USDT pool was created 9 months ago, on Jan 2, 2026.

What is the contract address of USDT?

The USDT contract address on Ethereum is 0xdac17f958d2ee523a2206206994597c13d831ec7. Check it against the address published by the project itself before buying: tickers and names are copied freely, the address is the only thing that identifies a token. This page links it straight to the block explorer so you can verify supply, holders and transfers yourself.

Could USDT be a honeypot?

Sells are going through (384 in the last 24 hours), which means the token is not blocking exits at this time. Always test a small sell first.

Keep exploring Ethereum

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Traders looking at USDT also open CJPY, BLIND, ACAT, DNT, HYDRA.