USDT0 USDT0

130 · Hyperliquid Ecosystem

USDT0 is an omnichain stablecoin issued by Everdawn Labs that maintains 1:1 backing with Tether's USDT. It is used to transfer value across multiple blockchains without relying on traditional bridges or wrapped tokens. The network utilizes a lock-and-mint mechanism where USDT is locked in a smart contract on Ethereum while an equivalent amount of USDT0 is minted on the destination chain, enabling native representations across connected chains through standardized messaging and mint-burn logic via LayerZero's OFT standard.

Current price$1.00+0.09% · 24h
Circulating market cap$6.97M
Fully diluted valuation$6.97M
Total token liquidity$58.6M
24h volume$427.93K
Holder address count13.76KAddress count, not unique users
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01 / Market

Trading volume and liquidity

24h volume $427.93K · Total token liquidity $58.6M。

Volume / current liquidity 0.73020734%

Volume is a flow over a period; liquidity is a stock at a point in time.

02 / Structure

Supply and valuation

Circulating market cap $6.97M · FDV $6.97M。

The two valuations are not yet comparable; their original values are shown separately.

About the project · USDT0

Hyperliquid Ecosystem

USDT0 is an omnichain stablecoin issued by Everdawn Labs that maintains 1:1 backing with Tether's USDT. It is used to transfer value across multiple blockchains without relying on traditional bridges or wrapped tokens. The network utilizes a lock-and-mint mechanism where USDT is locked in a smart contract on Ethereum while an equivalent amount of USDT0 is minted on the destination chain, enabling native representations across connected chains through standardized messaging and mint-burn logic via LayerZero's OFT standard.