Dust Protocol DUST

What DUST actually is on-chain

Dust Protocol is an ERC-20 deployed on Ethereum, at contract address 0xb5b1b659da79a2507c27aad509f15b4874edc0cc. That address, not the ticker DUST, is what uniquely identifies this asset: anyone can deploy a second token calling itself DUST, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, DUST is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in DUST itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

Another asset tracked on this site also uses the ticker DUST: Pixie Dust (Monad, 0xAD96…8d7c). The asset on this page is specifically the Ethereum deployment at 0xb5b1…c0cc. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

Where DUST sits in the market

Dust Protocol ranks #4534, in the middle of the long tail, where listing status changes more often than price does, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 1 live DUST order book (MEXC). That is thinner coverage than a #4534 ranking would normally imply — a move on one of these books is close to the whole market for DUST, with no deep second venue to arbitrage it back. None of the books we see for DUST are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

DUST against its all-time high

DUST is down more than 95% from its $7.58 peak (on 2022-05-29), leaving a 27.0x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For DUST the informative reference is the downside, which makes the range section below more relevant than this one. It was set 4 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

DUST across its historical range

The full recorded range for DUST spans 39,139x — from $0.00019367 at the low to $7.58 at the high. A range that wide is not volatility in the ordinary sense; it is the signature of an asset that repriced from a near-zero base, and percentage-based indicators behave very differently across it.

Spot is roughly 1,451x above the $0.00019367 low (on 2026-02-06). The practical consequence is a cost-basis distribution skewed by orders of magnitude: a slice of the supply was acquired at a price that rounds to zero against today's, and that supply is price-insensitive on the way up. Rallies in an asset like this do not fail because demand disappears — they fail because early supply meets them.

DUST supply and valuation data

At #4534 there is no reliable third-party supply audit for DUST at all — token counts this far down the table are frequently restated, and we would rather show nothing than show a number that moves without notice. What we do have is a fully diluted valuation of $272 thousand as of 2026-05-12. That is in the bottom quartile of tracked assets, a range where a single liquidity provider can account for most of the quoted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset DUST is

Dust Protocol trades primarily as an ecosystem asset rather than as a base-layer network of its own, which means it carries a beta to its host chain. When the host chain's native asset rallies, tokens in its ecosystem typically amplify the move in both directions, and liquidity for them is concentrated on that chain's venues.

CoinGecko files DUST under 3 categories, including Solana Ecosystem, Polygon Ecosystem, Ethereum Ecosystem. CoinGecko also records deployments on Solana (3,129 tracked tokens), Polygon (531 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Dust Protocol alert that is worth receiving

Dust Protocol is the ERC-20 at 0xb5b1…c0cc on Ethereum — quoted on 1 venue we stream — high dated 2022-05-29 — rank #4534. On this profile the condition that carries signal is a volume-surge condition on the 1-hour or 4-hour candle paired with a wide price threshold.

Full alert-design method: thresholds, RSI/MACD and volume conditions →