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USDD

USDDRank #60Health 68
$0.99780.11%24h

Live · updated 7 minutes ago

Market cap$1.50B
24h volume$8.77M
1 year-0.2%
From all-time high-19.5%
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USDD Price chart

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Hover or drag across the chart to read any day

Key stats

All-time high
$1.24
9 Jul 2026
All-time low
$0.9281
19 Jun 2022
BTC price
0.00000000
BTC
Volume / market cap
0.58%
 
Share of market
0.06%
 
Fully diluted
$1.50B
1.00×

Performance

How the price moved over each period.

1h+0.00%
24h-0.11%
7d+0.03%
30d-0.17%
200d-0.22%
1y-0.23%

Supply

No capMax supply

1.50B USDD circulate. No maximum supply is set.

Circulating
1.50B
Total supply
1.50B
Max supply
No max supply
ⓘ Circulating · Total supply · Max supply

Circulating supply: coins currently available to trade, as reported by the data provider.

Total supply: coins created so far, minus any burned. It includes locked or not-yet-released coins.

Max supply: the hard cap on coins that can ever exist. Shown as “No max supply” when the protocol sets no cap.

CryptoWave Health score

Five measurable signals. Each ring segment’s length is its weight; how full it is shows the score.

Fair
68
out of 100
Liquidity 25%
29

Volume is 0.58% of market cap. Thin trading; small orders can move the price.

Market depth 25%
59

$1.50B market cap, rank #61. Bigger is harder to push around.

Supply unlocked 15%
96

100% of the total supply circulates. Little dilution ahead.

Distance from peak 15%
80

19.5% below its all-time high of $1.24.

Price stability 20%
98

Largest recent swing: 0.11% a day. Calm.

Describes market structure today. Not a price forecast and not investment advice.

How this score is calculated

A weighted average of five signals computed from the market data on this page. Each signal is scored from 0 to 100:

  • Liquidity (25%): 24-hour trading volume divided by market cap.
  • Market depth (25%): market cap, on a logarithmic scale from $10 million to $1 trillion.
  • Supply (15%): circulating supply divided by max supply, or by total supply when there is no cap. More supply already in circulation scores higher.
  • Distance from peak (15%): the current price compared with the all-time high.
  • Stability (20%): the largest recent price swing among the 1-hour move (×3), the 24-hour move and the 7-day move (÷2.6).

Bands: 75 and above strong, 55–74 fair, 35–54 weak, below 35 fragile.

Limits: the score describes current market structure only. It is not a price forecast, an audit or investment advice, and it does not consider the team, code or token unlocks. A missing input counts as a neutral 50.

Time machine

Drag the date. See what a one-off buy or a regular buy would be worth today. Real daily closing prices, fees not included.

Strategy

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About USDD

What is USDD?

USDD is a dollar-pegged stablecoin issued by the TRON DAO Reserve and launched on 5 May 2022. It is native to TRON and is also available on Ethereum and BNB Chain. Its design has changed since launch, and the original token is now referred to as USDDOLD in project documentation.

How USDD works

The original version let approved members of the reserve mint USDD by burning TRX, with BTC, USDT, USDC and TRX held in the reserve. The project claimed a minimum collateral ratio of 130 percent at launch. The current version, often called USDD 2.0, is described as overcollateralized. It relies on:

  • Overcollateralized vaults with a liquidation and auction model.
  • A Peg Stability Module that swaps USDD one-to-one with other stablecoins.
  • Risk monitoring and governance.

Users can also stake USDD to receive sUSDD, a savings token whose value rises over time.

USDD supply and token design

USDD has no fixed cap. Supply is created when users mint against collateral or swap through the Peg Stability Module, and it falls when USDD is repaid or swapped back. Collateral ratios differ by vault type and change over time. Live circulating supply is shown in the market data on this page.

The TRON contract is TXDk8mbtRbXeYuMNS83CfKPaYYT8XWv9Hz.

The history matters for this asset. USDD launched in May 2022, the same month Terra's UST lost its peg, and TRON DAO emphasized that its design was overcollateralized. TRON DAO's launch materials cited a reserve of BTC, USDT and TRX held to back issuance, and a public dashboard for the live ratio. The design has since moved to vault-based issuance, and the older token is now called USDDOLD. When you read a USDD claim, check the date, since the mechanism has changed.

The reserve is run by the TRON DAO Reserve, which also publishes dashboard data on reserve holdings. In the original design, issuance was tied to burning TRX, which linked the stablecoin to the TRX token. The current vault-based version lets users mint USDD by locking approved collateral, so the supply depends on user demand for borrowing as well as for swaps.

Official information is on usdd.io.

What to check before using USDD

  • Peg and collateral risk: the reserve includes volatile assets such as TRX and BTC, and vault ratios vary.
  • Peg Stability Module limits: swaps depend on how much of the other stablecoins the module holds.
  • Design history: the stablecoin has been redesigned since 2022, so older articles may describe a different mechanism.
  • Concentration: the stablecoin is closely tied to the TRON ecosystem and its founder.
  • Look-alikes: older USDD versions and similarly named tokens exist, so confirm the contract address above.

USDD project profile

Launched
April 30, 2022
Consensus
Not mineable
Open source
No
Hardware wallet support
Yes
Categories: Ethereum (ETH) Token (ERC-20)StablecoinBinance Coin (BNB) Token (BEP-20)Avalanche (AVAX) TokenArbitrum EcosystemTRON (TRX) Token

Token contracts

Always confirm links on the project's own official channels before connecting a wallet or sending funds.

USDD market analysis

With a market capitalisation of $1.50 billion, USDD (USDD) is classed as a mid-cap asset and ranks #61 of 1,341 cryptocurrencies with a reported market cap on CryptoWave, larger than about 95.5% of them. It accounts for roughly 0.06% of the combined tracked market value. Mid-cap assets sit between the established majors and the speculative long tail, so both growth and drawdowns can be sharp.

Over the last 24 hours roughly $8.77 million of USDD changed hands, equal to 0.58% of its market cap, which puts its trading volume ahead of about 86.9% of tracked assets. That is a quiet level of turnover, so large orders may meet limited depth. Its turnover ratio is higher than that of about 18% of tracked assets.

Price action: USDD moved −0.11% in 24 hours and +0.03% over 7 days. It outperformed Bitcoin by 2.07 percentage points over 24 hours and by 3.89 points over 7 days. Against the median tracked coin (ahead by 2.13 points on the day and ahead by 6.24 points on the week), it has been a relative strength in recent sessions.

To overtake Morpho (MORPHO) just above it, USDD would need to grow its market cap by about 0.1%; it is 0.1% larger than Sky (SKY) just below. Its market cap is 0.10% of Bitcoin's.

Based on market data; not investment advice.

USDD FAQ

What is USDD?

USDD is a dollar-pegged stablecoin from the TRON DAO Reserve. It is native to TRON and is also on Ethereum and BNB Chain.

When did USDD launch?

USDD launched on 5 May 2022. The design has since moved to an overcollateralized model often called USDD 2.0.

How is USDD backed?

The reserve and vaults hold assets such as BTC, TRX, USDT and USDC. A Peg Stability Module also swaps USDD with other stablecoins one-to-one.

What is sUSDD?

sUSDD is a savings token you receive by staking USDD. Its value against USDD rises over time.

Price history

DateOpenHighLowClose
Historical price data is not available yet for this asset.