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Is USDAT safe?
BUSDat·USDAT·Ethereum
USDat (USDAT) · Ethereum · on-chain safety read, grade B (80/100)
Data snapshot: 2026-09-16 · source: live token feeds + on-chain flags · refreshed weekly · not financial advice
BB · see the safety checks › Swap USDAT safely →USDAT price and market data
Official links
ExplorerLive candle chart for the most active tracked pool.
USDAT markets — tracked pools
Most active tracked pools — read live.
| Pool | Venue | Liquidity | 24h volume | Volume % | |
|---|---|---|---|---|---|
| USDat / USDC | Curve | $9.23M | $1.38M | 100.0% | Trade |
| USDat / USDC 0.015% | Uniswap V4 (Ethereum) | $77.40 | $13.94 | 0.0% | Trade |
| USDat / USDC | Fluid (Ethereum) | $177.08 | $11.71 | 0.0% | Trade |
| USDat / USDC 0.006% | Maverick V2 (Ethereum) | $29.77K | $0.00 | — | Trade |
| USDat / waEthUSDC 0.002% | Balancer V3 (Ethereum) | $1.35K | $0.00 | — | Trade |
Trade USDAT
Live quote and wallet connect open in the app — free, non-custodial.
USDAT to USD converter
Global USDAT prices
NexFlow score: higher = safer (0–100)
- contract-level controls not assessed in this snapshot — verify with a live scan
- liquidity depth is healthy liquidity locks
Re-scan USDAT live before you trade
On-chain state changes — verify the current read, then swap non-custodially if it clears.
What the data says about USDAT
USDat is Ethena and Anchorage's GENIUS-compliant dollar — the stablecoin built specifically to fit the US stablecoin law's rails, issued through a federally-chartered crypto bank rather than a foreign issuer. The deployment 0x23238f20b894f29041f48d88ee91131c395aaa71 is the Ethereum mint; our September 14, 2026 snapshot reads $9.3 million of tracked pool liquidity.
The honest note: GENIUS-compliant is a regulatory shape, not a risk verdict — it means the reserve structure (T-bills, qualified custodian, redemption terms) is defined by the same law that governs every US-compliant stable, which makes USDAT's backing more legible than most but no more guaranteed. What it buys Ethena is a US-legal distribution path for the stable stack that made USDe; what it buys a holder is boring, verifiable reserves.
Figures are NexFlow's read dated September 14, 2026; the live scan refreshes them.
Price and safety history of USDAT
Every dated snapshot we hold for USDAT — price, market structure and grade, as measured, with nothing interpolated between them.
| Date | Price | Liquidity | Holders | Grade |
|---|---|---|---|---|
| 2026-09-14 | $1.00 | $9.30M | — | B |
| 2026-09-07 | $1.00 | $9.34M | — | B |
Contract
0x23238f20b894f29041f48d88ee91131c395aaa71
Verify USDAT by this address, never by name or ticker.
Put the USDAT grade on your site
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<a href="https://nexflowscan.com/token/ethereum/usdat/" target="_blank" rel="noopener"><img src="https://nexflowscan.com/api/badge/ethereum/0x23238f20b894f29041f48d88ee91131c395aaa71.svg" alt="USDAT safety grade B on NexFlow"></a><iframe src="https://nexflowscan.com/embed/badge/ethereum/0x23238f20b894f29041f48d88ee91131c395aaa71" width="380" height="62" style="border:0" loading="lazy" title="USDAT safety grade — NexFlow"></iframe>[](https://nexflowscan.com/token/ethereum/usdat/)FAQ
Is USDAT a safe token?
As of the 2026-09-14 snapshot, USDAT scores 80/100 (grade B) on NexFlow's on-chain read — based on its unconfirmed mint authority, unconfirmed freeze authority, liquidity of $9.30M. That grades contract and market structure, not price direction — a clean read is not a guarantee, so re-scan before trading, since on-chain state can change.
Can you sell USDAT, or is it a honeypot?
Our Ethereum read covers market structure, not sell-side contract behaviour like honeypots or transfer taxes, as of 2026-09-14. Before assuming you can exit freely, run the live scan above — it reads the contract directly.
Who holds most of USDAT?
Per-wallet distribution for USDAT wasn't resolved in the 2026-09-14 snapshot. Run the live scan, which reads holder concentration directly from the chain.
Can USDAT's supply be inflated?
This snapshot grades market structure only — contract-level supply controls on Ethereum aren't assessed here yet. Run the live scanner, which reads the contract in real time.
What is the USDAT contract address?
The USDAT contract address on Ethereum is 0x23238f20b894f29041f48d88ee91131c395aaa71. Always verify a token by its contract address, not its name or ticker — scam clones copy tickers, but the address is unique.
Where can you buy USDAT safely?
Run the live on-chain scan at the top of this page first; if USDAT clears, you can swap it here directly. Whatever venue you use, match the contract address (0x23238f20b894f29041f48d88ee91131c395aaa71) exactly before trading — copying the ticker is how clone scams catch buyers, and the address is the one field they can't fake.