← Assets
USDT
Tether USD · class: Stablecoins · 1 chains · loan asset in 63 markets, collateral in 5 markets
Total Supply
$349.65M
30d -33.9%
Total Collateral
$0
locked
Borrow Interest Gen.
$12.44M
annualized
Lender Yield Delivered
$12.4M
annualized
Wtd Avg Supply APY
3.55%
Wtd Avg Utilization
85.7%
Supply Doubling Time
N/A
at 30d rate
USDT Supply by Chain
Ethereum
USDT Collateral by Chain
No history
As Loan Asset (top markets)
| Market | Chain | Supply | Borrow | Util | Sup APY | Bor APY |
|---|---|---|---|---|---|---|
| USDT / wstETH | Ethereum | $164.13M | $140.58M | 85.7% | 3.62% | 4.24% |
| USDT / sUSDS | Ethereum | $72.26M | $62.8M | 86.9% | 2.84% | 3.27% |
| USDT / WBTC | Ethereum | $59.9M | $52.33M | 87.4% | 3.77% | 4.32% |
| USDT / stcUSD | Ethereum | $14.94M | $12.51M | 83.7% | 3.79% | 4.54% |
| USDT / cbBTC | Ethereum | $8.26M | $7.32M | 88.6% | 3.76% | 4.26% |
| USDT / PT-reUSD-25JUN2026 | Ethereum | $8.11M | $6.86M | 84.6% | 5.46% | 6.48% |
| USDT / cbBTC | Ethereum | $7.61M | $5.88M | 77.2% | 2.34% | 3.05% |
| USDT / wsrUSD | Ethereum | $6.41M | $5.39M | 84.1% | 3.79% | 4.52% |
| USDT / XAUt | Ethereum | $4.8M | $4.39M | 91.6% | 7.00% | 7.66% |
| USDT / N/A | Ethereum | $1.33M | $0 | 0.0% | 0.00% | 0.00% |
As Collateral (top markets)
Not used as collateral
Curators Running USDT Vaults
| Curator | # Vaults | AUM in USDT | Wtd Net APY | Fee Take Rate |
|---|---|---|---|---|
| Steakhouse Financial | 5 | $121.24M | 3.50% | 6.3% |
| Gauntlet | 3 | $21.95M | 3.40% | 3.8% |
| Hakutora | 1 | $12.59M | 3.13% | 15.0% |
| Yearn | 1 | $5.56M | 3.52% | 5.0% |
| B.Protocol | 1 | $506.9K | 0.00% | N/A |
| Hyperithm | 1 | $111.41K | 3.32% | 10.0% |
| SingularV | 1 | $32.67K | 3.33% | 10.0% |
| UltraYield | 1 | $31.03K | 3.71% | 0.0% |
| RE7 Labs | 1 | $22.34K | 0.51% | 5.0% |
| KPK | 1 | $575.77 | 17.05% | 0.0% |
| Clearstar | 1 | $10.22 | 9.72% | 0.0% |
Chain Breakdown
| Chain | Supply | Collateral | # Markets | Borrow Interest | Rank |
|---|---|---|---|---|---|
| Ethereum | $349.65M | $0 | 55 | $12.44M | #1 |
Rank = this asset's position among the chain's assets by combined supply + collateral.
USDT Weekly Net Supply Flows
Net flow last week: +$6.88M · 4-week running: −$157.46M
Ethereum
Methodology
USDT measured on both balance-sheet sides. Supply side: Σ supply_assets_usd where USDT is the loan asset; Borrow Interest = Σ borrow × LEAST(borrow_apy,1.0). Collateral side: Σ collateral_assets_usd where USDT is the collateral. APYs clamped at 100%, degenerate-IRM markets excluded. Asset class inferred from symbol.