ONCHAINBENCHMARKTerminal
Coverage/USDT
Log in
OverviewResearch→

Indexes

RWA QualityStablecoin HealthLiquidity Depth

Data

RWA Tracked Capital

API Keys

API Keys

Site ↗

Methodology ↗Coverage ↗Issuers ↗Pipeline ↗
USDTStablecoin·Tether

Tether USD

Largest stablecoin by supply, pegged 1:1 to USD with monthly reserve attestations.

Deployments

Supply scope: Ethereum only

ETHEthereum· Primary
View on explorer →

0xdAC17F958D2ee523a2206206994597C13D831ec7

AVAXAvalanche
View on explorer →

0x9702230A8Ea53601f5cD2dc00fDBc13d4dF4A8c7

SOLSolana
View on explorer →

Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB

C1103Chain 1103

TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t

OCB — 01·Rating breakdown

USDT — not yet scored

Stablecoin Health RatingNot yet scored

USDT is registered in the OCB pipeline. Scoring data has not yet been published for this instrument.

Read the methodology →
OCB — 02·Coverage gaps + diligence

What closes the gap — and who closes it

Redemption Liquidity· 1 finding
data gapredemption liquidity gap90% confidence

gap:liquidity

No redemption liquidity data available at time of scoring run.

Verified Jun 13, 2026
Disclosure Quality — issuer disclosure· 4 findings
contract addressEthereum contract95% confidence

Contract address verified on Ethereum: (primary deployment)

Score impact: Confirms onchain existence; feeds custody_verification sub-signal

Verified Jun 13, 2026· instrument_deployments registry — chain_id 1
contract addressSolana contract95% confidence

Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB

Contract address verified on Solana: Es9vMFrzaCERmJfrF4H2FYD4KCoNkY11McCe8BenwNYB (Solana deployment)

Score impact: Confirms onchain existence; feeds custody_verification sub-signal

Verified Jun 13, 2026· instrument_deployments registry — chain_id 1101
contract addressChain 1103 contract95% confidence

TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t

Contract address verified on Chain 1103: TR7NHqjeKQxGTCi8q8ZY4pL8otSzgjLj6t (Chain 1103 deployment)

Score impact: Confirms onchain existence; feeds custody_verification sub-signal

Verified Jun 13, 2026· instrument_deployments registry — chain_id 1103
contract addressAvalanche contract95% confidence

Contract address verified on Avalanche: (Avalanche deployment)

Score impact: Confirms onchain existence; feeds custody_verification sub-signal

Verified Jun 13, 2026· instrument_deployments registry — chain_id 43114
Holder Concentration· 1 finding
holder concentration snapshot90% confidence

Top-10 holders control 6.39% of supply (after excluding protocol-controlled addresses). Concentration track: retail_facing.

Score impact: Top-10 at 6.39% feeds holder_concentration sub-signal

Verified Jun 13, 2026· norm_concentration row observed 1d ago
OCB — 03·Anomaly history

Resolved anomalies

Jun 11, 2026

→ Jun 11, 2026

score drophighresolved

Total trust score dropped 22pts (56 → 34, band: Flagged)

Methodology

USDT is scored across the same four dimensions as every other rated instrument — Disclosure Quality, Redemption Liquidity, Structural Trust, and Holder Concentration. Each dimension contributes up to 25 points. The dimension breakdown above shows where the score comes from; the diligence trail shows every verified fact behind it.

Read the full methodology →
OnChain Benchmark
HomeIndexInstrumentsMethodologySubmit for inclusion
Independent · Not investment advice
IndexesInstrumentsDataResearchAPI Keys