Gemini Dollar GUSD

What GUSD actually is on-chain

Gemini Dollar is an ERC-20 deployed on Ethereum, at contract address 0x056fd409e1d7a124bd7017459dfea2f387b6d5cd. That address, not the ticker GUSD, is what uniquely identifies this asset: anyone can deploy a second token calling itself GUSD, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, GUSD is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in GUSD 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 GUSD: GUSD (another network). The asset on this page is specifically the Ethereum deployment at 0x056f…d5cd. 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.

For GUSD the project publishes a whitepaper, a public source repository and an active account as @Gemini. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where GUSD sits in the market

At #575, Gemini Dollar is in the top of the small-cap band. Books at this depth are thin enough that one sizeable market order can move the printed price by several percent and retrace within minutes, which is precisely why a single static price target makes a poor trigger — you want a condition that survives one wick. Availability is concentrated in a handful of venues and volume-based delisting is a live risk rather than a theoretical one.

CryptoPingAi is currently streaming 1 live GUSD order book (Gate.io). That is thinner coverage than a #575 ranking would normally imply — a move on one of these books is close to the whole market for GUSD, with no deep second venue to arbitrage it back. None of the books we see for GUSD 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.

GUSD against its all-time high

GUSD is 69.7% off its $3.30 high (on 2018-10-11). At this depth the arithmetic turns against a recovery narrative: getting back to the record takes 3.30x, not a rebound. The high is better read as the marker of a completed cycle than as a target — most of the holders above spot are underwater by enough that their behaviour on the way up is supply, not demand. It was set 8 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

GUSD across its historical range

The recorded range is comparatively narrow: 4.22x between $0.7826 and $3.30. Either the price history is short, or the asset is designed not to move.

GUSD is within 27.6% of its all-time low of $0.7826, printed on 2018-09-29. This is the part of a chart with no history: there is no prior trading below this level, so there is no support to reference, no volume shelf and no cost-basis cluster to lean on. The low is old enough that it has held as a floor across multiple market regimes, which is a materially different situation from a low being freshly printed.

GUSD supply and valuation data

Gemini Dollar sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for GUSD but not an audited token count. What we do have is a fully diluted valuation of $40.5 million as of 2026-05-12. That places it in the top 10% by fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset GUSD is

Gemini Dollar is pegged to the US dollar, so the only price question that matters is whether the peg holds; trend and momentum readings on a dollar peg describe noise, not direction. It is backed by off-chain reserves, which moves the risk from smart-contract code to custody and disclosure: who holds the reserves, what they are held in, and how often that is attested. Those are the questions that decide whether the peg survives a redemption wave. It is small for a stablecoin, and at this size the peg depends heavily on one or two liquidity pools; thin-book depegs here say more about liquidity than about solvency.

CoinGecko files GUSD under 6 categories, including Stablecoins, USD Stablecoin, Near Protocol Ecosystem, Ethereum Ecosystem, Pantera Capital Portfolio. CoinGecko also records deployments on NEAR (42 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 Gemini Dollar alert that is worth receiving

Gemini Dollar is the ERC-20 at 0x056f…d5cd on Ethereum — quoted on 1 venue we stream — high dated 2018-10-11 — rank #575. On this profile the condition that carries signal is a peg-deviation band of roughly ±0.5% of par, with RSI ignored entirely.

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