Navigating the world of decentralized finance (DeFi) and cryptocurrency trading involves understanding specific trading pairs and their metrics. This guide delves into the details of the USDT/SOL pair, providing a clear overview of its performance, liquidity, and key statistics on the PumpSwap platform.
Key Price and Market Statistics
The most recent data indicates the current price of the USDT/SOL pair on PumpSwap stands at $0.0008272. Over the past 24 hours, the price has remained stable, showing a change of 0%.
The trading activity for this pair has been limited, with a reported 24-hour trading volume of $0.00 across a total of 0 transactions. This suggests a period of low market activity for this specific asset pairing.
Liquidity and Pool Information
Liquidity is a critical factor for any trading pair, as it affects the ease of executing trades. The USDT/SOL pool boasts a liquidity pool value of $46,975.08.
This specific pool was created relatively recently, 18 days ago, and its most recent transaction was recorded within the past day. The contract address for this pool is 9itSKfPaj8DAkdLFi3hYt3ZQu1SGZK2nwtap5rKSHhQS.
- Fully Diluted Valuation (FDV): $1,058.74
- Pooled USDT: 0.001466 (approx. $0.000001221)
- Pooled SOL: 0.000000008 (approx. $0.000001245)
Exchange Rate and Conversion
As of the latest update, the exchange rate for this pair is 1 USDT = $0.000005313 SOL. Based on this rate, 1 USD would allow a user to acquire approximately 1,208.97 USDT. It's important to remember that exchange rates in DeFi are highly volatile and can change rapidly.
Token Distribution and Holders
A look into the distribution of the USDT token reveals there are approximately 14 holders. The largest holder is a wallet with the contract address JCRGumoE9Qi5BBgULTgdgTLjSgkCMSbF62ZZfGs84JeU, which possesses 1.28 million USDT tokens. The current value of this holding is not available (N/A).
Trading Availability and Security Notes
The USDT/SOL trading pair is available for trading on several platforms beyond PumpSwap. These include Maestro Bot, Soul Sniper, Jupiter, Phantom, and MEXC DEX+.
From a security perspective, the pair has a GT Score of 50.46. Key security notes include:
- The liquidity provided to the pool is not locked.
- 0% of the tokens were purchased via bundled buys.
- The token minting and freezing authority for this trading pair is disabled.
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Frequently Asked Questions
What does the USDT/SOL trading pair mean?
This pair represents the exchange rate between Tether (USDT), a stablecoin pegged to the US dollar, and Solana (SOL), the native cryptocurrency of the Solana blockchain. The price indicates how much SOL is needed to purchase one USDT.
Why is the 24-hour trading volume $0?
A trading volume of $0 indicates that no trades have been executed for this specific pair on the PumpSwap platform in the last 24 hours. This can happen with newer or less popular pools and often results in high price volatility if a trade is placed.
What is a liquidity pool and why is it important?
A liquidity pool is a crowdsourced collection of crypto assets locked in a smart contract. They are fundamental to decentralized exchanges (DEXs) like PumpSwap, enabling users to trade without a traditional central intermediary. A higher liquidity pool generally allows for larger trades with less impact on the asset's price.
Is the liquidity for this pool locked?
No, according to the available data, the liquidity provided to this USDT/SOL pool is not locked. This means liquidity providers could potentially remove their funds from the pool at any time, which can affect the pool's stability.
What is a GT Score?
A GT Score is a metric used by platforms like GeckoTerminal to provide a quick, algorithmic assessment of a token's viability and market activity. A score of 50.46 suggests a moderate level of risk and activity based on its underlying data.
Where can I trade the USDT/SOL pair?
This specific pair is available on PumpSwap and can also be accessed through other trading interfaces and bots that support the Solana network, such as Jupiter, Phantom, Maestro Bot, and Soul Sniper.