USSD/USD price feed
USSD is a dollar listing built on a mechanism that aims to hold the value its name states. The design makes the claim; the market is where the claim can be examined.
History for this pair is accumulating since 2026-08-20: the chart renders automatically once enough observations exist. The live rate is available over the API today.
Book composition · auto-observed
This book is shared at the moment: the leading pool holds the largest slice, but nowhere near half.
The neutral referee
Any dollar design can publish its own accounting. What it cannot publish is the rate strangers pay for it in open pools, because that number is set by trades rather than by the design's authors.
An independent pool-measured reading is therefore the natural referee. It does not argue for or against the mechanism; it records what the traded level is, whenever there is trading to record.
USSD's listing gives that verdict a home. Once its markets produce enough trading to read, the traded level stands as the neutral record of how the design's promise relates to the price the market pays.
Who runs on this rate
Due-diligence teams
Anyone evaluating USSD's mechanism gains an external reading to place beside the design's own numbers.
Holders
A holder asking what the claim is worth in practice needs the traded level, not the design document.
Where the USSD market lives
Active USSD/USD pools per chain, as observed by the feed on 2026-10-27.
USSD in the catalog
5 pairs, each computed from its own pools with the same methodology:
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