Open USD supply on Ethereum tops $100M in its first week
- Published
OpenUSD’s supply on Ethereum reached $100.6 million in its first week, after starting from a late-September level that was about one-tenth as large. First-week activity also showed most of the wider supply being staged with partners, custodians and market makers, while DEX volume across four networks was limited through Oct. 5.
Key claims & sources
What it means
Users and market participants watching OpenUSD on Ethereum will notice that the token already has a large supply on the network, and that most of the broader supply was initially placed with partners, custodians and market makers. The limited DEX volume through Oct. 5 shows that early activity was not concentrated in decentralized trading venues.
Market reaction i
The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.
Coverage timeline
Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.
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Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 31 days ago | Ethereum Validator Count Falls to 863,000 as Staked ETH Edges Higher event | 1 actors in common · 4 news media |
| 31 days ago | Ethereum Exit Queue Hits 2026 High After MetaMask Withdrawals event | 1 actors in common · 2 news media |
| 32 days ago | Gemini Receives 4,000 ETH Deposit from Patricio Worthalter event | 1 actors in common · 2 news media |
| 34 days ago | Massive Ethereum Awakening: Why 580M in Dormant ETH Just Moved Without Crashing Price event | 1 actors in common · 2 news media |
| 35 days ago | BNB Chain crosses $1B in tokenized stocks, ETFs as market hits $3.7B event | 1 actors in common · 2 news media |