How to read the home page
The home page shows the real price people pay for USDT (a digital dollar, a stablecoin worth about 1 US dollar) in P2P (peer-to-peer, where people buy and sell directly with each other) markets. It covers many fiat currencies (regular government-issued money, like dollars or riyals). Everything on this page is free and public. This guide walks through each part, top to bottom.
The currency picker
Section titled “The currency picker”Near the top you see a short line that reads “Showing rate for”, followed by a small dropdown with a flag and a currency name. Click the dropdown to choose which currency you want to see the USDT price for.
The reference price
Section titled “The reference price”Below the picker is a large number. This is the reference price for USDT in your chosen currency. A reference price is a single number that represents what the market is paying, built from many offers together. It is collected from live offers across many CEXs (centralized exchanges, where you trade on a platform run by a company, like Binance) and many OTC markets (where people trade outside an exchange, directly or through a desk).
The font size adjusts automatically, so the number always fits on one line even when it is long.
The freshness stamp
Section titled “The freshness stamp”Just below the big number you see a small line like “Updated 3 minutes ago”. This tells you when the price data was last collected.
Next to the text is a small dot:
- A pulsing dot means the data was collected within the last 60 minutes. The price is fresh.
- A steady dot (not pulsing) means the last update was more than 60 minutes ago.
The dot never claims “live” when the data is old. If the stamp says “Updated 2 hours ago”, the dot stays steady.
Market liquidity
Section titled “Market liquidity”Below the freshness stamp is a number labeled “Market liquidity, USDT”. Liquidity here means how much USDT is sitting in open offers right now, across all tracked venues, ready to be bought or sold.
This is not a traded volume figure. It counts the USDT waiting in open offers, not the USDT that has already changed hands. The page says this clearly just below the number: “Available in open offers across tracked venues, not traded volume.”
The Share Snapshot button
Section titled “The Share Snapshot button”Below the liquidity number is a button labeled “Share Snapshot”. Click it and the app creates a 1080 by 1080 pixel image (PNG format) that includes:
- The current USDT price
- The currency code
- The market liquidity number
- A timestamp
You can share this image directly from your device or save it.
The live rates table
Section titled “The live rates table”Further down the page is a section titled “Live USDT reference rates”. It shows one row for each currency the app tracks. Each row has five pieces of information:
| Column | What it shows |
|---|---|
| Currency name | The name and short code of the currency |
| USDT P2P price | The real price people pay for USDT in that currency right now |
| Official USD rate | The standard rate for converting 1 USD into that currency |
| Premium % | How far the P2P price is above or below the official rate |
| Last update | How long ago the data for that row was collected |
Each row also has a small dot next to the last update time. A bright dot means the data for that row was collected within the last 60 minutes.
What is premium %?
Section titled “What is premium %?”Premium % shows the gap between the P2P price and the official rate.
- A positive number (for example, +3.5%) means people pay more for USDT than the official rate suggests. This is common in places where getting US dollars through normal channels is difficult.
- A negative number (for example, -1.2%) means people pay less than the official rate.
- A number near zero means the P2P price closely matches the official rate.
The formula is straightforward. Take the P2P price, subtract the official rate, divide by the official rate, and multiply by 100.