USDT + USDC Dominance

USDT + USDC Dominance
USDT/USDC Dominance Indicator

This indicator measures the relative dominance of USDT and USDC on the market. It calculates the share of each stablecoin compared to the total of the two, and displays it as a percentage.

USDT Dominance (%) = (USDT value / (USDT value + USDC value)) × 100

USDC Dominance (%) = 100 − USDT Dominance

The indicator plots both dominance values on the chart, allowing you to see which stablecoin has a higher share at any given time. It can help identify shifts in market preference between USDT and USDC.

Optional features:

Horizontal 50% line for reference.

Highlight when USDT or USDC exceeds 50% dominance.

Works with price or market capitalization data depending on available data sources.