NEAR Protocol (NEAR) vs Tether (USDT)

Learn how NEAR Protocol and Tether differ in their key features, market performance, and community adoption, so you can decide which cryptocurrency is best for your investment strategy.

$2.18
#35
NEAR Protocol, more commonly abbreviated as Near, is a layer 1 blockchain operating on a Proof of Stake (PoS) mechanism. The technological infrastructure of Near uses an innovative sharding method called Nightshade, which enhances transaction processing capacity and network scalability. Developers can create and deploy smart contracts using familiar programming languages, and the Aurora tool allows them to have full compatibility with Ethereum.
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$1
#3
USDT, or Tether, is a stablecoin, meaning it is a stable cryptocurrency aimed at maintaining a fixed value relative to the US dollar (USD). Launched in 2014 by Tether Limited, USDT is designed to offer the stability of a fiat currency while allowing for the speed and flexibility of transactions on blockchains. Each USDT is supposed to be backed by an equivalent reserve in dollars or equivalent assets, which helps maintain its parity with the dollar.
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Key Metrics Comparison

NEAR ProtocolNEAR
Market Cap
$2.848B
24h Volume
$493.74M
Liquidity Ratio
17.33%
24h Change
+11.40%
7d Change
+18.10%
Circulating Supply
1,305,451,058
Max Supply
N/A
All-Time High
$20
TetherUSDT
Market Cap
$183.423B
24h Volume
$67.614B
Liquidity Ratio
36.86%
24h Change
+0.02%
7d Change
0.00%
Circulating Supply
183,380,584,914.267
Max Supply
N/A
All-Time High
$1

Category Performance

Visual comparison across key categories. Ring fill represents relative strength or share between the two assets.

Market Share

Share of combined market cap

Market Share
NEAR
1.5%
USDT
98.5%

Volume Share

Share of combined 24h volume

Volume Share
NEAR
1.0%
USDT
99.3%

24h Performance

Price change over last 24 hours

24h Performance
NEAR
11.40%
USDT
0.02%

7d Performance

Price change over last 7 days

7d Performance
NEAR
18.10%
USDT
0.00%

Proximity to ATH

How close to all-time high (closer is better)

Proximity to ATH
NEAR
-89.3%
USDT
-24.2%

Liquidity Ratio

Volume to market cap ratio (higher = more liquid)

Liquidity Ratio
NEAR
17.33%
USDT
36.86%