Nova Merged USDT (zkLink) USDT

What USDT actually is on-chain

Another asset tracked on this site also uses the ticker USDT: Tether (Ethereum, 0xdac1…1ec7). 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 USDT the project publishes a whitepaper. That is a partial paper trail — enough to check claims against, not enough to audit. 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 USDT sits in the market

Nova Merged USDT (zkLink) ranks #7261, in the deep tail, among assets that are tracked but rarely quoted, 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 2 live USDT order books (Upbit, Bithumb). That is coverage in line with a #7261 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

USDT against its all-time high

Nova Merged USDT (zkLink)'s record high is $1.03, set on 2025-01-20. That high sits in a range where whole-cent and whole-unit levels are genuinely traded, which makes them usable as alert thresholds if a quote returns. It was set roughly 2 years ago, so it belongs to the current cycle but not to current conditions. We are not quoting a drawdown from it because no tracked venue is giving us a live USDT price — a stale or single-pool number would make that percentage look precise when it is not.

USDT across its historical range

The recorded range is comparatively narrow: 1.05x between $0.9833 and $1.03. Either the price history is short, or the asset is designed not to move.

The record low of $0.9833 was printed on 2024-07-24 — roughly 2 years ago. We have no live quote to measure the current distance from it.

USDT supply and valuation data

At #7261 there is no reliable third-party supply audit for USDT 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 $46 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.

What kind of asset USDT is

Nova Merged USDT (zkLink) does not fall cleanly into one of the categories that carry a standard analytical framework in this market. In that situation the price history and the supply structure described above are the reliable material, and the project's own documentation is the place to establish what the token is actually for.

CoinGecko files USDT under 1 categories, including zkLink Nova Ecosystem.

How to set a Nova Merged USDT (zkLink) alert that is worth receiving

Nova Merged USDT (zkLink) (USDT) — quoted on 2 venues we stream — high dated 2025-01-20 — rank #7261. 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 →