Aave Polygon USDTPrice(AMUSDT)
Details Aave Polygon USDT (AMUSDT) Price information (USD)
The current real-time price of AMUSDT is $0.9988. In the past 24 hours, AMUSDT has traded between $0.4780 and $1.002, showing strong market activity. The all-time high of AMUSDT is $1.49, and the all-time low is $0.4208.
From a short-term perspective, the price change of AMUSDT over the past 1 hour is
Aave Polygon USDT (AMUSDT) Market Information
Aave Polygon USDT (AMUSDT) Today's Price
The live price of AMUSDT today is $0.9988, with a current market cap of $0. The 24-hour trading volume is 4.57. The price of AMUSDT to USD is updated in real time.
Aave Polygon USDT (AMUSDT) Price History (USD)
What is AAVE POLYGON USDT (AMUSDT)?
When is the right time to buy AMUSDT? Should I buy or sell AMUSDT now?
Before deciding whether to buy or sell AMUSDT, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s AMUSDT technical analysis can provide you with trading references.
Future price trend of AMUSDT
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for AMUSDT.
How much will AMUSDT be worth tomorrow, next week, or next month in ? What about your AMUSDT assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! AMUSDT Price Prediction
How to buy AAVE POLYGON USDT (AMUSDT)
Convert AMUSDT to local currency
AMUSDT Resources
To learn more about AMUSDT, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
polygon-pos | 0x445f...8db351  | 632.793K | 44.68% |
polygon-pos | 0xeab7...3125c3 | 110.415K | 7.8% |
polygon-pos | 0x3c7c...9e54fe | 55,088 | 3.89% |
polygon-pos | 0xe859...dbc383 | 48,740 | 3.44% |
polygon-pos | 0xa0e8...46ffed | 27,228 | 1.92% |
Other | 542.080K | 38.27% |
Hot Events
AAVE POLYGON USDT (AMUSDT) FAQ
What is amUSDT?
amUSDT stands for Aave Polygon USDT. It represents Tether (USDT) that you have deposited into the Aave lending protocol operating on the Polygon network. When you supply USDT to Aave on Polygon, you receive amUSDT in exchange. This token signifies your deposited assets and automatically accrues interest over time. It's essentially Polygon's equivalent of an aToken, specifically an "AAVE Matic Market Token" (amToken).
How do I obtain amUSDT?
You acquire amUSDT by supplying your existing USDT tokens to the Aave lending protocol, specifically on the Polygon network. After you successfully deposit your USDT into the protocol, you will automatically be issued the corresponding amount of amUSDT. From that moment, your deposited assets, represented by the amUSDT, will start accruing interest.
Is using Aave Polygon USDT safe, and what inherent risks should I be aware of?
While Aave Polygon USDT has undergone security audits, all decentralized finance (DeFi) protocols involve inherent risks. These include potential vulnerabilities in smart contracts, which could be exploited, and various economic exploits that might impact the protocol. Additionally, there's a risk of liquidation events where your amUSDT could be converted into collateral to cover loan positions. Always perform your own thorough research before participating.
Do my amUSDT rewards compound automatically, or is manual intervention required?
No, the rewards generated from your amUSDT typically do not compound automatically. To benefit from compounding, you generally need to manually claim any accumulated rewards. After claiming, you would then need to actively redeposit these claimed rewards back into the Aave protocol, specifically into the Stability Pool or as additional supply, to grow your principal and enable further compounding.
What is the impact on my amUSDT if a liquidation event occurs?
During a liquidation event within the Aave protocol, your supplied amUSDT can be utilized or converted. Specifically, it can be converted into collateral to cover a borrower's undercollateralized loan. This process ensures the stability of the lending protocol by rebalancing positions, but it also represents a primary risk for suppliers, as your deposited asset might be used to repay a liquidated loan.
What are common errors to avoid when using Aave Polygon USDT?
When using Aave Polygon USDT, common mistakes to avoid include transacting on the incorrect blockchain network. For instance, sending funds on the Ethereum network instead of the Polygon network can lead to irreversible asset loss. Another critical error is interacting with fraudulent websites, often referred to as phishing sites, designed to steal your credentials or assets. Always meticulously verify that you are on the official and correct URL for Aave Polygon USDT to ensure security.
