USDT0(USDT0)

Token Price$1+0.00%over 24h

All Time HighJan 23, 2025$1.05

All Time LowFeb 27, 2025$0.98

Key Metrics

Market Cap$3.224b

Fully Diluted Valuation$3.224b

Circ. Supply3.227b USDT0

Volume 24h$3.15m

CEX$0

Spot$0

USD Perp$0

COIN Perp$0

DEX$3.15m

Spot$3.15m

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

$77.29m

$70.8m (max additional borrows against USDT0) + $6.49m (bad debt if USDT0 was hacked now)

Aave V3

$69.68m at-risk exposure = $6.46m bad debt if hacked + $63.22m additional borrowable against USDT0

HyperLend Pooled

$3.05m at-risk exposure = -- bad debt if hacked + $3.05m additional borrowable against USDT0

Neverland

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

Euler V2

$2m at-risk exposure = $25,453 bad debt if hacked + $1.97m additional borrowable against USDT0

Compound V3

$423,731 at-risk exposure = $5.55 bad debt if hacked + $423,726 additional borrowable against USDT0

Morpho V1

$913.71 at-risk exposure = $820.21 bad debt if hacked + $93.49 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	$54.14m	$3.33m
Aave V3	Polygon	USDT00xc2132d05d31c914a87c6611c10748aeb04b58e8f	$9.07m	$3.13m
HyperLend Pooled	Hyperliquid L1	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$3.05m	—
Neverland	Monad	USDT00xe7cd86e13ac4309349f30b3435a9d337750fc82d	$2.14m	—
Euler V2	Unichain	USDT00x9151434b16b9763660705744891fa906f660ecc5	$1.74m	$14,504
Compound V3	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$423,726	$5.55
Euler V2	Plasma	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$172,619	$1,592
Euler V2	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$61,773	$9,356
Morpho V1	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$93.49	$820.21

Loading exposure details...

Markets

Loading USDT0 markets...

Token Usage

Token usage needs a subscription

Liquidations

Token liquidations need a subscription

Yields

Showing 10 of 321 pools

Pool	Reference	Protocol
1 aPlaUSDT0Aave Plasma USDT0	USDT0	Aave V3	$778.74m	-$17.91m	4.59%3.94%+0.65%	Stable 90
2 aManUSDT0Aave Mantle USDT0	USDT0	Aave V3	$179.58m	+$8.7m	4.42%3.07%+1.35%	Stable 98
3 aMonUSDT0Aave Monad USDT0	USDT0	Aave V3	$73.83m	-$1.82m	5.50%3.85%+1.66%	Stable 89	405
4 aArbUSDTAave Arbitrum USDT	USD₮0	Aave V3	$47.6m	+$264,179	3.27%	Stable 91	25,189
5 aXlrUSDT0Aave XLayer USDT0	USD₮0	Aave V3	$43.74m	-$4.91m	2.72%	Stable 86	3,135
6 fUSDTFluid Tether USD	USD₮0	Fluid Lending	$40.13m	-$292,413	4.17%	Stable 94	1,622
7 aPolUSDTAave Polygon USDT	USDT0	Aave V3	$31.92m	-$390,912	3.31%	Stable 97	27,613
8 fUSDT0Fluid USDT0	USDT0	Fluid Lending	$22.8m	-$1.26m	4.68%	Stable 94
9 COREUSDT0Core USDT0	USD₮0	Mystic Finance Lending🪂	$21.6m		4.28%	Stable 84
10 gtusdtbStableEarn	USDT0	Morpho Blue	$20.61m	-$192,812	6.45%6.40%+0.05%	Stable 93

Loading yield pools...

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Borrow

Showing 10 of 85 routes

Use USDT0Borrow USDT0

Collateral / Borrow	Protocol
1 USD₮0 / FXRP	Kinetic	+12.25%	12.93%11.06%+1.87%	0.68%	$24.16m	80%
2 USD₮0 / enzoBTC	Takara Lend🪂	+11.70%	11.70%9.90%+1.79%	0.00%	$21.69m	75%
3 USD₮0 / M-BTC	Takara Lend🪂	+11.70%	11.70%9.90%+1.79%	0.00%	$3.62m	75%
4 USD₮0 / uBTC	Takara Lend🪂	+11.69%	11.70%9.90%+1.79%	<0.01%	$18.48m	75%
5 USD₮0 / stXRP	Kinetic	+10.91%	12.93%11.06%+1.87%	2.02%	$27,738	80%
6 USD₮0 / WFLR	Kinetic	+10.91%	12.93%11.06%+1.87%	2.02%	$24,754	80%
7 USD₮0 / flrETH	Kinetic	+10.88%	12.93%11.06%+1.87%	2.05%	$2.19m	80%
8 USDT0 / cbBTCNeverland Markets	Neverland	+10.80%	9.27%2.88%+6.39%	-1.53%4.93%-6.46%	$106,747	85%
9 USD₮0 / sFLR	Kinetic	+10.37%	12.93%11.06%+1.87%	2.56%	$4.18m	80%
10 USD₮0 / spSEI	Takara Lend🪂	+9.67%	11.70%9.90%+1.79%	2.02%	$3.23m	75%

Loading borrow routes...

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Protocol	Chain
Aave V3	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$54.14m	$3.33m
Aave V3	Polygon	USDT00xc2132d05d31c914a87c6611c10748aeb04b58e8f	$9.07m	$3.13m
HyperLend Pooled	Hyperliquid L1	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$3.05m	—
Neverland	Monad	USDT00xe7cd86e13ac4309349f30b3435a9d337750fc82d	$2.14m	—
Euler V2	Unichain	USDT00x9151434b16b9763660705744891fa906f660ecc5	$1.74m	$14,504
Compound V3	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$423,726	$5.55
Euler V2	Plasma	USDT00xb8ce59fc3717ada4c02eadf9682a9e934f625ebb	$172,619	$1,592
Euler V2	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$61,773	$9,356
Morpho V1	Arbitrum	USDT00xfd086bc7cd5c481dcc9c85ebe478a1c0b69fcbb9	$93.49	$820.21

Pool	Reference	Protocol
1 aPlaUSDT0Aave Plasma USDT0	USDT0	Aave V3	$778.74m	-$17.91m	4.59%3.94%+0.65%	Stable 90
2 aManUSDT0Aave Mantle USDT0	USDT0	Aave V3	$179.58m	+$8.7m	4.42%3.07%+1.35%	Stable 98
3 aMonUSDT0Aave Monad USDT0	USDT0	Aave V3	$73.83m	-$1.82m	5.50%3.85%+1.66%	Stable 89	405
4 aArbUSDTAave Arbitrum USDT	USD₮0	Aave V3	$47.6m	+$264,179	3.27%	Stable 91	25,189
5 aXlrUSDT0Aave XLayer USDT0	USD₮0	Aave V3	$43.74m	-$4.91m	2.72%	Stable 86	3,135
6 fUSDTFluid Tether USD	USD₮0	Fluid Lending	$40.13m	-$292,413	4.17%	Stable 94	1,622
7 aPolUSDTAave Polygon USDT	USDT0	Aave V3	$31.92m	-$390,912	3.31%	Stable 97	27,613
8 fUSDT0Fluid USDT0	USDT0	Fluid Lending	$22.8m	-$1.26m	4.68%	Stable 94
9 COREUSDT0Core USDT0	USD₮0	Mystic Finance Lending🪂	$21.6m		4.28%	Stable 84
10 gtusdtbStableEarn	USDT0	Morpho Blue	$20.61m	-$192,812	6.45%6.40%+0.05%	Stable 93

Collateral / Borrow	Protocol
1 USD₮0 / FXRP	Kinetic	+12.25%	12.93%11.06%+1.87%	0.68%	$24.16m	80%
2 USD₮0 / enzoBTC	Takara Lend🪂	+11.70%	11.70%9.90%+1.79%	0.00%	$21.69m	75%
3 USD₮0 / M-BTC	Takara Lend🪂	+11.70%	11.70%9.90%+1.79%	0.00%	$3.62m	75%
4 USD₮0 / uBTC	Takara Lend🪂	+11.69%	11.70%9.90%+1.79%	<0.01%	$18.48m	75%
5 USD₮0 / stXRP	Kinetic	+10.91%	12.93%11.06%+1.87%	2.02%	$27,738	80%
6 USD₮0 / WFLR	Kinetic	+10.91%	12.93%11.06%+1.87%	2.02%	$24,754	80%
7 USD₮0 / flrETH	Kinetic	+10.88%	12.93%11.06%+1.87%	2.05%	$2.19m	80%
8 USDT0 / cbBTCNeverland Markets	Neverland	+10.80%	9.27%2.88%+6.39%	-1.53%4.93%-6.46%	$106,747	85%
9 USD₮0 / sFLR	Kinetic	+10.37%	12.93%11.06%+1.87%	2.56%	$4.18m	80%
10 USD₮0 / spSEI	Takara Lend🪂	+9.67%	11.70%9.90%+1.79%	2.02%	$3.23m	75%

Overview