USD1 — price, funding and open interest
USD1/USDT perpetual on Coinbase · Bybit · Upbit · Gate · Kraken: price 0.9986, 24h turnover $120K. Updated in real time.
What this is
StablecoinA stablecoin issued by World Liberty Financial, a project tied to the US president's family. The backing is stated to be cash, and here the political side is inseparable from the financial one.
Chart
Chart built from data of Bybit
USD1 unlocks
No unlock schedule: the whole supply is already in circulation (100 % per CoinGecko).
Net issuance will appear once our supply ledger covers 30 days.
Supply figures are from CoinGecko, updated once a day. We do not take unlock schedules from trackers.
What the data shows
USD1 trades at 0.9986. Over 365 days it ranged between 0.9877 and 1.0063; the price now sits in the middle of that range — 59% of the way from the yearly low to the high.
All-time high is 1.0537 (September 2025); the price is 5% below it now.
The daily range is 0.1% and five-minute NATR is 0.00%. That range is at percentile 90 for the year — an unusually wide day.
24-hour turnover is $120K — percentile 33 for the year: a normal level of activity for it.
Open positions in USD1 are worth $657K. Over the past hour open interest rose by 0.00%. That is an ordinary level for this coin — percentile 66.
NATR is 0.00% on the minute and 0.02% on the hour — the move is choppy: within an hour price travels far and comes back.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — percentile 50 for the month.
Traded on 5 venues: Coinbase, Bybit, Upbit, Gate, Kraken — the price is cross-checked across several sources.
USD1 correlation with Bitcoin over 24 hours is 0.35 — it partly moves with the market.
Over the day +0.02%, over the hour -0.01%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1628 of 2159 instruments in the screener.
By daily range it ranks 2132 of 2159.
Built from current numbers and the coin's own year of history. Updates with the data.
How USD1 behaved before
Tracked since July 2025 — 16 full months, and falling ones prevail: 10 of 16. Median month -0.0%.
Best month — July 2025: +1.0%. Worst — September 2025: -0.1%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now USD1 is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — stablecoin. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.