The trenches
Tokens
| token | fdv | 24h | trade |
|---|---|---|---|
FEFER🔥OG The first memecoin on Stable — teased by Tether CEO Paolo Ardoino, confirmed by Stable's official account. Fakes circulate; verify the CA. site ↗ 𝕏 ↗ CA 0xeaf7…7b83 verify ↗ | $3.3m | -37% | ↗ |
GEFER FEFER-family spinoff meme. | $57,291 | +37% | ↗ |
STAHOOD🔥 Stable × Robinhood mashup meme. | $21,209 | +894% | ↗ |
Enigma·drained | $11,287 | +480% | ↗ |
stable🔥 Lowercase-stable meme — not the STABLE L1 token. | $205k | -42% | ↗ |
SOTA·drained | $0.634 | -100% | ↗ |
A20 | $30,225 | -2% | ↗ |
STRATA·drained | $4,653 | +115% | ↗ |
PEGD🔥 Peg-themed meme. | $84,003 | -51% | ↗ |
STADOGE-1🔥·drained Stable-flavored DOGE derivative. | $15,861 | +615% | ↗ |
ABC | $23,621 | +357% | ↗ |
GRANNY·drained | $5,354 | +144% | ↗ |
STA TICK·drained | $4,977 | +132% | ↗ |
STAODIN | $23,345 | +948% | ↗ |
TERA | $84,769 | -84% | ↗ |
PON(K)ey·drained | $1,747 | -100% | ↗ |
LEMON.FUN Launchpad token from the July degen wave. | $57,050 | +868% | ↗ |
FEPEPER·drained | $0.00174 | -100% | ↗ |
Realcoin🔥OG Named after Tether's original 2014 brand — Tether launched as Realcoin. | $77,463 | -49% | ↗ |
BusinessCat🔥 | $53,266 | -40% | ↗ |
USDT1 | $65,727 | +103% | ↗ |
STABLEPAD🔥 Token of the StablePad launchpad — launches straight into Uniswap v3 pools, liquidity locked. site ↗ | $26,153 | -61% | ↗ |
MULT·drained | $19,585 | +270% | ↗ |
Jay | $28,573 | -58% | ↗ |
1$🔥 | $74,965 | -35% | ↗ |
Most pairs quote in WgUSDT (wrapped gas USDT). Quote tokens and the native STABLE token are excluded. Everything here launched since July 24, 2026 — assume extreme risk.
Apps on Stable
| app | tvl | open | |
|---|---|---|---|
| Lending | |||
Morpho Bluetoken Lending backbone of the chain — ~95% of all Stable TVL sits in Morpho vaults. | $34.6m | ↗ | |
| Launchpad | |||
DyorSwap Launchpad Memecoin launchpad driving most token launches and DEX volume on Stable. ~$43k fees in its first week. | — | ↗ | |
NOXA Multichain launchpad + DEX with a Stable deployment. | $2,043 | ↗ | |
Prismapad Launchpad (inactive). | $1 | — | |
StablePad Launches tokens straight into Uniswap v3 pools on Stable — no bonding curve, liquidity locked, paired with USDT0. | — | ↗ | |
Unstable Community launchpad from the July degen wave. Unverified — DYOR. | — | ↗ | |
DegenPad Community launchpad from the July degen wave. Unverified — DYOR. | — | ↗ | |
PEARPAD Launch, swap and trade tokens on Stable. Unverified — DYOR. | — | ↗ | |
Thunder Community launchpad from the July degen wave. Unverified — DYOR. | — | ↗ | |
UrStableDegenPad Community launchpad from the July degen wave. Unverified — DYOR. | — | ↗ | |
stableusdt.fun Launch memes priced in dollars. Unverified — DYOR. | — | ↗ | |
| DEX | |||
Uniswaptoken Canonical Uniswap v3 deployment (maintained by Protofire) — one of the two highest-volume venues on the chain. | — | ↗ | |
Stable Swap Early native DEX (V2 + V3). | $1.6m | ↗ | |
GASSSS Small native DEX. | $46,659 | ↗ | |
Stableswap DEX | $3,253 | — | |
Curvetoken Curve deployment on Stable (minimal liquidity so far). | $593 | ↗ | |
StableSwap | $2 | — | |
SettleX Stableswap DEX (dormant). | $1 | ↗ | |
DyorSwap AMM behind the launchpad — the highest-volume DEX on the chain. | — | ↗ | |
| RWA | |||
Theo Network Tokenized RWA yield — thUSD, thBILL (T-bills), thGOLD — usable as Morpho collateral and powering StableEarn. | — | ↗ | |
StableEarn First-party USDT yield vault (launched May 2026) routing deposits into tokenized treasuries — Theo strategies with Standard Chartered's Libeara and Wellington Management, on Morpho with Gauntlet risk. | — | ↗ | |
XAUt0token Official omnichain Tether Gold — live on Stable since Dec 2025, trading on-chain against USDT0. | — | ↗ | |
| Risk Curator | |||
Gauntlet Curates the flagship USDT0 vault on Morpho. | $28.1m | ↗ | |
Hyperithm Institutional risk curator running a USDT vault on Morpho. | $186k | ↗ | |
| Allocator | |||
Concretepoints Onchain capital allocator routing stablecoin liquidity across 5 chains. | $66.5m | ↗ | |
| NFT | |||
FEFER Genesis The chain's first NFT collection — 5,000 ERC-721s minted in FEFER (200 FEFER each), with a marketplace that trades exclusively in FEFER. | — | ↗ | |
| Bridge | |||
Stable Hub Official portal for moving funds on and off Stable. | — | ↗ | |
USDT0 Official USDT0 transfer portal — OFT mesh for USDT0 plus the legacy mesh for native USDT. | — | ↗ | |
LayerZerotoken Messaging layer underpinning USDT0 transfers. | $26.7m | ↗ | |
Stargatetoken Canonical USDT0 bridge route (LayerZero OFT). | $0.00 | ↗ | |
Aori Intent-based cross-chain swaps into Stable. | — | ↗ | |
fly.trade Swap + bridge aggregator (Magpie) supporting Stable. | — | ↗ | |
Relay Intent-based bridge from 85+ chains — send almost any asset, receive USDT0 on Stable in seconds. | — | ↗ | |
Chainlink CCIPtoken Cross-chain messaging with token transfer routes to Stable. | — | ↗ | |
LI.FI / Jumpertoken Bridge aggregator with Stable routes. | — | ↗ | |
Gas.Zip Cross-chain liquidity routing with fast small transfers. | — | ↗ | |
DZap Bridge/swap aggregator with Stable support. | — | ↗ | |
Stableflow Stablecoin-native transfer network. | — | ↗ | |
| Wallet | |||
StablePay First-party USDT payment wallet — instant transfers, built on Stable. | — | ↗ | |
Binance Wallet Multi-chain wallet with Stable USDT support and direct exchange integration. | — | ↗ | |
OKX Wallet Multi-chain wallet with exchange integration and Stable support. | — | ↗ | |
Bitget Wallet Multi-chain wallet with built-in dApp browser. | — | ↗ | |
Gate Wallet Exchange-linked wallet with Stable network transfers. | — | ↗ | |
Atomic Wallet Self-custody wallet with built-in Simplex on-ramp for USDT on Stable. | — | ↗ | |
Holdstation Smart wallet with gasless transactions and biometric auth. | — | ↗ | |
Daimo Pay Account-abstraction stablecoin payments with smart wallet execution. | — | ↗ | |
| Ramp | |||
MoonPay Global card + bank on/off-ramp with Stable access. | — | ↗ | |
Transak Fiat on/off-ramp, 450+ integrations. | — | ↗ | |
Banxa Local payment rails in 100+ countries. | — | ↗ | |
Alchemy Pay 300+ payment methods for fiat ↔ USDT. | — | ↗ | |
Onramp Money Emerging-market focused fiat-to-crypto ramp. | — | ↗ | |
Onmeta Compliant fiat-to-USDT + cross-border payouts. | — | ↗ | |
DFX Swiss Regulated stablecoin-to-fiat conversion with FX. | — | ↗ | |
Simplex Card, wallet, and bank-transfer ramp in 245+ markets. | — | ↗ | |
| Tooling | |||
GMGN Token discovery / trading terminal, indexes Stable launches. | — | ↗ | |
Ave.ai Token analytics platform with Stable integration. | — | ↗ | |
Dexscreener Real-time DEX charts and liquidity analytics. | — | ↗ | |
DeBank Portfolio tracking across EVM chains including Stable. | — | ↗ | |
| Explorer | |||
StableScan Official Etherscan-powered block explorer. | — | ↗ | |
| CEX | |||
Backpack Exchange with Stable deposits/withdrawals. | $302k | ↗ | |
Flipster Exchange with Stable network support. | $213k | ↗ | |
| Oracle | |||
RedStonetoken Push-model price feeds live on mainnet, Chainlink-compatible interfaces. | — | ↗ | |
| Indexer | |||
Envio Real-time + historical onchain data via a single GraphQL API. | — | ↗ | |
The Graphtoken Subgraph indexing on Stable. | — | ↗ | |
Goldsky High-performance indexing and real-time data streaming. | — | ↗ | |
Ormi Labs Next-gen subgraph indexer with real-time data. | — | ↗ | |
Allium Normalized blockchain datasets and analytics tooling. | — | ↗ | |
| Custody | |||
Fireblocks MPC custody and treasury infrastructure for institutions. | — | ↗ | |
Anchorage Federally chartered bank custody for digital assets. | — | ↗ | |
Paxos Regulated tokenization and settlement infrastructure. | — | ↗ | |
Fordefi Institutional MPC wallet and policy engine for DeFi. | — | ↗ | |
| Infra | |||
Tether WDK Tether's open-source wallet development kit — self-custodial, multi-chain. | — | ↗ | |
Reown WalletConnect AppKit — 600+ wallets, multi-chain. | — | ↗ | |
Dynamic Embedded wallet infrastructure for in-app flows. | — | ↗ | |
Alchemy RPC plus ERC-4337 bundler + paymaster infrastructure on Stable. | — | ↗ | |
Tenderly Contract simulation, tracing, and debugging with Stable project support. | — | ↗ | |
Optimum Decentralized network routing optimized for Stable dApp traffic. | — | ↗ | |
Earn on USDT
| vault | apy | deposit |
|---|---|---|
| sthUSD StableEarn | T-bill + 3.7% rew | deposit ↗ |
| GTUSDTB morpho blue | 7.31% | deposit ↗ |
| HYPERUSDTC morpho blue | 0.08% | deposit ↗ |
| thBILL Theo Network | T-bill rate | deposit ↗ |
Vaults with unreported APYs are excluded rather than shown as 0%. Rewards APRs are live from Merkl.
Get USDT onto Stable
Bridge USDT → arrives as USDT0, ready to use as gas.
Gas on Stable is USDT0 itself — no separate gas token. A transfer costs $0.000024 right now (live from the RPC).
The radar
Optimistic parallel execution, USDT transfer aggregators, and Guaranteed Blockspace so institutional transactions execute regardless of network load. source ↗
DAG-based architecture separating data availability from ordering — targeting 10,000+ TPS without single-proposer bottlenecks. source ↗
As of late July 2026 nothing in these categories has shipped on Stable — open field for builders. source ↗
DyorSwap launchpad ignites the chain's trading economy — ~95 tokens, ~$5.9m/day DEX volume, all pools created since July 24. First NFT collection (FEFER Genesis) follows. source ↗
Teased by Tether CEO Paolo Ardoino, confirmed by Stable's official account. Drove 167k+ transactions in 24h at peak. source ↗
Send/receive USDT by phone number, email, or QR — zero fees, no wallet or gas management, built-in Earn on idle balances. source ↗
Full compliance and transaction-monitoring support, with automatic token coverage for assets minted on the chain. source ↗
First-party USDT yield vault: Theo RWA strategies (thUSD/thBILL/thGOLD) with Standard Chartered's Libeara and Wellington Management, on Morpho with Gauntlet risk. source ↗
Governance-approved deployment (UAC process completed April 2026), maintained by Protofire — now one of the chain's two highest-volume venues. source ↗
Legacy gUSDT deprecated in favor of USDT0, plus API-managed gas waivers for gasless onboarding. source ↗
TGE with airdrop via Merkl + Stargate (claims through Mar 2, 2026), Bitget Launchpool and Binance Alpha distribution. USDT0 and XAUt0 live on chain day one. source ↗
usdterminal is a live terminal for Stable, the Tether- and Bitfinex-backed L1 where USDT0 is the native gas token. One page: what exists on the chain right now, and where to use it.
Backed by: Bitfinex · Hack VC · Franklin Templeton · PayPal Ventures · Castle Island Ventures · Nascent · Bybit · KuCoin Ventures · Gate Ventures
Building on Stable? Get listed — list@usdterminal.xyz
Data: DefiLlama, GeckoTerminal, Dexscreener, CoinGecko, Merkl, Sourcify, the official Stable blog, and the Stable RPC. DEX volume is summed from GeckoTerminal pools — DefiLlama's adapter currently misses DyorSwap and the Uniswap forks on Stable. Not financial advice; token launches shown here are extremely high risk.