Tether USDT
Tether Price Change 24H Change 7D Change 1M Change YTD Market Cap Volume 24H Circ. Supply
$1.00 -0.01% 0.03% 0.00% 0.07% $144.31 B (#3) $94.63 B 144.18 B 2.8/5 (#1192)

Tether Price Chart

24-Hour Range
52-Week Range
Convert: [Toggle] [Advanced]
Created with Highstock 5.0.14
24H 7D 1M 3M 6M YTD 1Y 3Y 5Y All

Tether Performance

1H24H7D1M3M6MYTD1Y3Y5YALL
USDT/BTC 0.05% 0.67% 1.25% -4.34% 12.91% -23.19% 11.57% -15.89% -43.35% -92.26% -99.99%
USDT/ETH 0.02% 2.18% 8.69% 14.91% 85.83% 43.52% 82.11% 90.55% 84.70% -92.84% -99.85%
USDT/USD -0.02% -0.01% 0.03% 0.00% 0.20% 0.00% 0.07% 0.03% 0.11% 0.17% -17.30%

Tether is underperforming Bitcoin in the last 1 month by -4.34% while the USDT price in USD increased by 0.00%.

Algo. Score Rating

Analysis 2.8/5 (#1192)
30% Open channels
39% Team Strength
80% Product Strength
40% GitHub Activity
77% Coin strength
70% Business strength

About Tether

Learn More
Release Date Jul 1, 2014
Platform Omni, Ethereum, Tron, EOS, Liquid, Bitcoin Cash, OMG Network, Algorand, Solana, Avalanche, Polygon, Tezos, Near Protocol, Kava, Linea, Celo, Kava, TONCOIN, Aptos, Mantle, Sui, Soneium, Abstract
Consensus Multiple (depending on blockchain used)
Algorithm -
A digital token backed by fiat currency provides individuals and organizations with a robust and decentralized method of exchanging value while using a familiar accounting unit. The innovation of blockchains is an auditable and cryptographically secured global ledger. Asset­backed token issuers and other market participants can take advantage of blockchain technology, along with embedded consensus systems, to transact in familiar, less volatile currencies and assets. In order to maintain accountability and to ensure stability in exchange price, we propose a method to maintain a one­to­one reserve ratio between a cryptocurrency token, called tethers, and its associated real­world asset, fiat currency. This method uses the Bitcoin blockchain, Proof of Reserves, and other audit methods to prove that issued tokens are fully backed and reserved at all times.

Tether Price Performance Statistics

How long has Tether been trading?

Tether has been trading for 107 months (9 years) now. According to our records, it started trading on Thursday, January 1st 2015, for a first price of $1.21.

How volatile has Tether been over the last 30 days?

Tether's 30 day volatility has been 0.16%.

The higher the volatility, the higher the risk and/or potential gains can be for a certain coin, since the movement is stronger for the time period in question.

How volatile has Tether been over the past week?

Tether's 7 day volatility has been 0.08%.

What was the highest Tether price in USD?

Tether's all-time high was $1.51. Right now, Tether is priced at $1.00, % than its all time high.

What was Tether's highest price in BTC?

Tether's all time high in BTC was 0.00691524. Right now, Tether is priced at 0.00001047, % than its all time high.

What was Tether's growth rate over the last 3, 6 and 12 months?

Tether's price ranged between $1.00 and $1.00 over the past 3 months, which means it had a compound monthly growth rate of 0.01%, and an extrapolated compound annual growth rate of 0.00%.

Over the last 6 months, the price of Tether ranged between $0.9998 and $1.00, rendering a compound monthly growth rate of 0.01% and an extrapolated compound annual growth rate of 0.00%.

Going back further, Tether was priced at $1.00 a year ago, rendering a compound monthly growth rate of 0.00% and a compound annual growth rate of 0.00% since then.

CMGR describes Tether's growth rate over a given time period assuming the growth happens at a constant rate every month during that time period.
The compound annual growth rate (CAGR) is a figure of how much an investment would have grown yearly had it grown at a steady rate. You can see the CAGR rate as a way to analyse investment returns without the fluctuations that regularly occur in cryptocurrency investments. You can use the CAGR rate to compare Tether to other cryptocurrency investments.
Tether's growth over time 3 months 6 months 12 months
Compound Monthly Growth Rate 0.01% 0.01% 0.00%
Compound Annual Growth Rate 0.00% 0.00% 0.00%
Price at the beginning of the time range $1.00 $0.9998 $1.00

What is Tether’s cumulative return since the day it first started trading?

Tether has dropped 17.31% since it first started trading.

Cumulative return represents your percentage return if you bought a cryptocurrency or token on its first trading day compared to the current price.

How many winning months has Tether had since its first trading day?

Tether had about 58.00% winning months of its total trading age of 107 months.

Winning months are an indication of how many months Tether had a positive trading result.

What was the max drawdown for Tether in 1 day?

The price of Tether dropped as much as 0.34% in a single day on Wednesday, May 10th 2023.

The max drawdown represents the historical maximum amount of loss Tether made in 1 day.

What was the max drawdown for Tether in 1 month?

The price of Tether dropped as much as 0.12% in a single month, in March 2023.

What was the max growth for Tether in 1 day?

Tether grew as much as 0.39% in a single day on Saturday, March 11th 2023.

The max growth represents the historical maximum amount of growth Tether made in 1 day.

What was the max growth for Tether in 1 month?

Tether increased as much as 0.19% in a single month, in February 2023.

Tether historical price returns

Year 202120222023
ROI by year -0.05%-0.09%0.04%
Month 202120222023
Jan -0.34%-0.10%-0.01%
Feb 0.93%-0.20%0.01%
Mar -0.46%0.00%-0.02%
Apr 0.02%-0.08%0.04%
May 0.03%-0.14%-0.03%
Jun -0.05%-0.17%0.01%
Jul -0.04%0.11%0.01%
Aug 0.42%-0.01%0.03%
Sep 0.17%0.00%0.04%
Oct -0.26%0.02%0.00%
Nov -0.14%-0.01%-0.05%
Dec 0.00%0.00%0.04%
Week 202120222023
Jan 1st - Jan 7th -0.09%0.49%-0.01%
Jan 8th - Jan 14th -0.34%-0.35%-0.01%
Jan 15th - Jan 21st 0.65%3.56%0.00%
Jan 22nd - Jan 28th 0.28%0.25%0.02%
Jan 29th - Feb 4th -0.22%-0.19%-0.01%
Feb 5th - Feb 11th -0.07%0.19%-0.01%
Feb 12th - Feb 18th 0.20%-0.22%0.01%
Feb 19th - Feb 25th 0.02%0.08%0.01%
Feb 26th - Mar 4th 0.67%-0.08%0.02%
Mar 5th - Mar 11th 0.03%0.16%-0.04%
Mar 12th - Mar 18th 0.18%-0.19%-0.08%
Mar 19th - Mar 25th -0.05%0.11%-0.09%
Mar 26th - Apr 1st -0.11%-0.05%0.02%
Apr 2nd - Apr 8th -0.02%0.02%0.05%
Apr 9th - Apr 15th 0.03%-0.15%-0.03%
Apr 16th - Apr 22nd -0.15%-0.03%-0.03%
Apr 23rd - Apr 29th 0.12%0.07%0.02%
Apr 30th - May 6th -0.09%0.04%-0.09%
May 7th - May 13th -0.18%-0.15%-0.04%
May 14th - May 20th 0.30%0.22%0.01%
May 21st - May 27th -0.20%-0.04%-0.06%
May 28th - Jun 3rd -0.12%-0.01%0.03%
Jun 4th - Jun 10th 0.17%-0.03%-0.05%
Jun 11th - Jun 17th 0.03%0.04%0.06%
Jun 18th - Jun 24th 0.12%-0.03%-0.04%
Jun 25th - Jul 1st -0.34%0.02%0.00%
Jul 2nd - Jul 8th -0.25%0.00%0.01%
Jul 9th - Jul 15th -0.05%0.05%-0.02%
Jul 16th - Jul 22nd 0.03%0.01%-0.03%
Jul 23rd - Jul 29th -0.23%-0.03%-0.09%
Jul 30th - Aug 5th -2.17%0.02%0.02%
Aug 6th - Aug 12th 0.16%-0.02%0.03%
Aug 13th - Aug 19th 0.37%0.00%0.00%
Aug 20th - Aug 26th -0.18%0.01%0.02%
Aug 27th - Sep 2nd -0.09%-0.02%0.02%
Sep 3rd - Sep 9th 0.50%0.00%0.05%
Sep 10th - Sep 16th 0.23%0.00%0.01%
Sep 17th - Sep 23rd 0.91%-0.01%-0.01%
Sep 24th - Sep 30th -0.32%0.00%0.00%
Oct 1st - Oct 7th -0.22%0.00%-0.02%
Oct 8th - Oct 14th 0.11%0.02%0.04%
Oct 15th - Oct 21st -0.59%0.02%-0.02%
Oct 22nd - Oct 28th -0.71%-0.01%-0.01%
Oct 29th - Nov 4th -0.07%-0.15%-0.06%
Nov 5th - Nov 11th 0.06%0.05%0.00%
Nov 12th - Nov 18th -0.57%0.03%-0.03%
Nov 19th - Nov 25th -0.25%0.05%-0.02%
Nov 26th - Dec 2nd 0.10%0.03%0.02%
Dec 3rd - Dec 9th -0.19%0.01%0.04%
Dec 10th - Dec 16th 0.04%0.00%N/A
Dec 17th - Dec 23rd -0.07%-0.03%N/A
Dec 24th - Dec 30th 0.04%N/AN/A

Trading and investing in digital assets is highly speculative and comes with many risks. The analysis / stats on CoinCheckup.com are for informational purposes and should not be considered investment advice. Statements and financial information on CoinCheckup.com should not be construed as an endorsement or recommendation to buy, sell or hold. Please do your own research on all of your investments carefully. Scores are based on common sense Formulas that we personally use to analyse crypto coins & tokens. We'll open source these formulas soon. Past performance is not necessarily indicative of future results. Read the full disclaimer here.

Dark Theme   Light Theme