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USUAL to USDT Converter
1 USUAL = 0.0108298 USDT · updated 06:21 UTC
Volume Bubbles Chart (1h)
Each 1-hour candle's volume is signed by its direction (up candles count as net buying, down candles as net selling) and drawn as a bubble at the closing price, green for buying and red for selling. Bubble size and colour intensity show how strong that flow is compared with the last 300 candles: the strongest 30% get full bubbles with their USD value, the rest stay as small dots. Unusually large bubbles flag aggressive buying or selling worth a closer look, often near breakouts, reversals or key levels.Seasonal Chart
Plots one line per calendar year showing the % change since the start of that year, with the current year highlighted against up to four previous years. Lining the years up on the same calendar shows whether the price tends to rise or fall in the same months, helping you spot recurring seasonal patterns. Treat it as context rather than a forecast: past seasonality does not guarantee future moves.Usual Markets
Usual Historical Data
About Usual (USUAL)
Usual is a stablecoin-focused protocol built around USD0, a token designed to track the US dollar and backed by tokenized short-duration sovereign instruments. USUAL is the protocol's governance and ownership token, while USD0 is a separate stablecoin product. Keeping those assets distinct matters: the stablecoin's target, the governance token's market price and the protocol's revenue model are different concepts.
Project purpose
Usual aggregates tokenized real-world assets, primarily short-duration US Treasury exposure, to support USD0. The protocol's documentation describes a model in which users can interact with a stablecoin issuer governed through a community-oriented structure. USD0 is the product intended to track one US dollar; USUAL is not designed to be a dollar-pegged asset. The two tickers therefore should never be treated as interchangeable.
Token utility
USUAL is described as the governance and ownership token for Usual Protocol. Governance covers decisions such as collateral onboarding, protocol parameters, treasury policy and token distribution. The documentation also connects locked USUALx positions with a share of protocol revenue distributed in USD0. Eligibility and distributions depend on the active rules, lock conditions and protocol performance; these features should not be simplified into a guaranteed yield claim.
Governance and participation
The protocol uses several token forms with different functions. USD0 is the dollar-targeted stablecoin, USUAL is the governance token, and USUALx represents staked USUAL. The docs explain that locking USUALx is required for weekly USD0 revenue distributions under the Revenue Switch. Before using any product, users should check the latest redemption conditions, fees, lock periods and collateral information because governance can change parameters.
Token supply and incentives
Usual's official materials report a maximum supply of three billion USUAL after a November 2025 governance change reduced the earlier four-billion cap. The docs describe fixed daily emissions and a distribution period projected through June 2028. Token emissions, treasury allocations and revenue distribution are separate mechanisms. Readers should use the dated tokenomics page for current parameters rather than extrapolating from launch-era materials.
Risks and data limits
A stablecoin backed by tokenized real-world assets can still face collateral, custodian, smart-contract, liquidity, oracle and governance risks. A dollar target is an objective, not a guarantee that market trades always occur at one dollar. USUAL also has market volatility and changing emissions. Read current collateral disclosures and redemption terms, and distinguish the stablecoin's backing model from the governance token's economics. Usual's documentation distinguishes revenue generated by the collateral backing USD0 from the USUAL emission schedule. The former depends on underlying assets and protocol arrangements, while emissions follow governance-defined buckets. Those mechanisms can change separately, which is why both dates and definitions matter when reading tokenomics.
Last reviewed: Oct 9, 2026
Usual (USUAL) FAQ
What is Usual (USUAL)?
USUAL is the governance and ownership token of Usual Protocol, the stablecoin-focused ecosystem built around USD0. The project connects USUAL with governance and protocol revenue mechanisms. USD0 is a separate dollar-targeted stablecoin, so the two tokens have different purposes and risk profiles.
What is USUAL used for?
USUAL is used for governance and participation in the protocol's token economics. The documentation describes voting on parameters and collateral policy, while staked USUALx can qualify for revenue distributions under specified conditions. These mechanisms depend on current governance rules and do not make USUAL a stablecoin.
Is USUAL the same as USD0?
No. USD0 is designed to track one US dollar and is backed by eligible tokenized real-world assets, while USUAL is the governance and ownership token. Their prices, supply metrics and risks differ. Check the ticker and contract carefully before interacting with either asset.
What is USUAL's maximum supply?
Usual's official tokenomics materials list a maximum supply of three billion USUAL, reduced from four billion through UIP-11 in November 2025. Distribution is planned through June 2028. Daily emissions and allocation buckets can change under governance, so use the latest dated documentation.
How does the Revenue Switch work?
Usual's documentation describes weekly USD0 distributions to eligible locked USUALx holders, with another share of protocol revenue retained by the DAO treasury. Eligibility depends on staking and lock conditions. Revenue levels and governance parameters can change, so this should not be interpreted as a fixed return.
What backs the USD0 stablecoin?
The project says USD0 is backed by short-duration US Treasury Bills and equivalent sovereign instruments through tokenized real-world-asset providers. Collateral, custody and redemption terms are important to its design. Users should read current reserve and risk disclosures rather than assuming that every stablecoin uses the same backing model.
What risks apply to USUAL and USD0?
USD0 can face collateral, custody, liquidity, oracle and smart-contract risks despite its dollar target. USUAL is a separate volatile governance token affected by supply emissions, liquidity and protocol adoption. Review each token's documentation independently and do not infer safety from the relationship between them.
What is the all-time high of Usual (USUAL)?
The all-time high recorded for Usual (USUAL) on FMchart is $1.61. This value reflects the historical price record in the tracked composite data and can differ by venue or source. It is a past observation, not a target, valuation opinion or indication of future performance.
How has Usual (USUAL) performed over time?
Review the composite price chart and select a period to inspect USUAL's recorded performance. This token is distinct from USD0, which is designed to track one US dollar. Historical changes in USUAL reflect market trading over the available data window, not a guaranteed outcome from protocol revenue mechanisms.
Where can I read official Usual updates?
Start with Usual's documentation for USD0, USUAL governance, tokenomics and redemption mechanics. Prefer dated official disclosures for changes to supply caps, revenue splits or collateral providers. Community summaries can be useful context, but they may not reflect a later governance vote.