TUSD (TrueUSD) is a USD-pegged stablecoin known for its regular attestations of underlying reserves by independent third-party institutions. This mechanism aims to provide transparency and trust to holders and traders in the decentralized finance ecosystem.
TUSD USDT Market Performance
The current price of TUSD/USDT on Raydium (CLMM) is $0.9988. Over the past 24 hours, the price has seen a minor decrease of 0.01%. The trading volume during this period reached $1,606.98, reflecting ongoing market activity.
Key metrics for the trading pair include:
- Contract Address: 9w2nZB6mwtxGw5b26cHpKQw2eWAfENxyEZ2o2xD5SRyk
- Fully Diluted Valuation (FDV): $464 million
- Liquidity Pool Size: $24,764.52
Price Highlights
In the last 24 hours, TUSD/USDT reached a high of $0.9989 (at 13:55 UTC) and a low of $0.9963 (at 14:02 UTC). These fluctuations are minimal, as expected for a stablecoin pair, indicating relative price stability.
Liquidity Details
The liquidity available for TUSD/USDT stands at $24,764.52. The pool was created just two days ago, and all transactions have been recorded on-chain transparently.
Exchange Rate
As of 12:54 UTC, the exchange rate for 1 TUSD to USDT is $1.0003. Conversely, 1 USDT can be exchanged for approximately 1.0012 TUSD.
Pool Composition
The liquidity pool consists of:
- TUSD: 14,085.85 tokens (worth $14,120.80)
- USDT: 10,917.34 tokens (worth $10,914.49)
Where to Trade TUSD USDT
TUSD/USDT is available for trading on several decentralized and centralized platforms, including:
- Raydium (CLMM)
- Maestro Bot
- Soul Sniper
- Jupiter
- Phantom
- MEXC DEX+
👉 Explore more trading strategies
Largest TUSD Holder
The largest TUSD token holder is the wallet with contract address GCJBFsxitdbSbKjettD8uA3qSpjTm4hcizDbj9h3k9uF. It currently holds 465 million TUSD tokens, valued at approximately $464,457,762.99.
Frequently Asked Questions
What is TUSD?
TUSD (TrueUSD) is a regulated stablecoin pegged 1:1 to the US dollar. It distinguishes itself through regular attestations of its reserves by independent third-party institutions.
How is the price of TUSD maintained?
The price stability of TUSD is maintained through arbitrage opportunities and sufficient reserve backing, allowing traders to mint and redeem tokens based on demand.
Where can I trade TUSD?
TUSD is listed on multiple decentralized exchanges like Raydium and Jupiter, as well as on centralized platforms such as MEXC.
Is TUSD safe to use?
TUSD employs transparency measures like third-party attestations, which aim to ensure that the stablecoin is fully backed by reserves, reducing counterparty risk.
What is the liquidity pool for TUSD/USDT?
The liquidity pool on Raydium contains TUSD and USDT tokens, with a total value of approximately $24,764.52, facilitating smooth trading and minimal slippage.
Can I provide liquidity for TUSD?
Yes, users can contribute to the TUSD/USDT pool on Raydium and other supported platforms to earn trading fees.