Risk Rankings/Tether

Tether

Reserves
Negative OutlookOpaque ReservesOffshore Issuer Structure
Compare Protocol
3.5OUT OF 5.0Moderate Risk

TVL

$3.20B

Backing Ratio

~100%

Avg Redemption

24–72h

Audits Completed

1

Last Audit

Pending (KPMG)

Exploit History

None

90-Day TVL History

Risk Dimension Scores

Asset Backing(30%)
4/5
Transparency(20%)
2/5
Legal Structure(20%)
2/5
Smart Contract Security(15%)
5/5
Liquidity & Redemption(15%)
5/5

Key Strengths

  • Massive network effect and liquidity
  • Highly profitable reserve management

Key Risks

  • Opaque reserve attestations
  • Offshore structure

Chain Deployment

Ink, Celo, Arbitrum, Avalanche, Monad, Polygon, Plasma, Ethereum