Tether USD, issued by Tether, claims to be worth one dollar. Across 7 exchanges it trades at $0.9995 — −4.6 bp, with the exchanges disagreeing by ±6.9 bp.
The deviation is smaller than the exchanges' own disagreement, or under the noise floor. That is spread, not a depeg, and it is withheld from the wire.
| Exchange | Quote | From consensus | Status |
|---|---|---|---|
| Binance.US | 0.99963 | +0.9 bp | agrees |
| Bitfinex | 1.00080 | +12.6 bp | agrees |
| Bitstamp | 0.99943 | −1.1 bp | agrees |
| Coinbase | 0.99948 | −0.7 bp | agrees |
| Crypto.com | 0.99967 | +1.3 bp | agrees |
| Gemini | 0.99954 | +0.0 bp | agrees |
| Kraken | 0.99953 | −0.1 bp | agrees |
set aside: further than 0.35% from the provisional median — quoting a different market, and named rather than dropped
each coin at its consensus price · the grey band is how far its exchanges disagreedvermilion: outside its own band and above the noise floor — printed on the wirequotes set aside are shown off the ends, at their true distance in the label
every dollar coin in the ledger, this sweep