Last updated:--
View ChartBuy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)
Choose Lift Dollar products that suit your trading style
Thank you for your interest in BTCC. Currently, spot and futures trading services for USDL are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.
Lift Dollar (USDL) is a yield-bearing stablecoin issued by Paxos International, and it does not rely on staking or mining to reward holders. Instead, the yield comes directly from the reserve assets backing the token.
Paxos International holds US dollar deposits, short-duration US Treasuries and cash equivalents in segregated accounts under FSRA of ADGM rules. These assets earn overnight interest. Each day, an Ethereum smart contract programmatically distributes the yield earned, minus an issuer fee retained by Paxos, to eligible USDL wallet addresses.
Because distribution is automatic, holders simply see their USDL balance increase daily without locking tokens, running nodes or claiming rewards. This design makes Lift Dollar a regulated alternative to staking-based yield, though USDL has since been deprecated and converted to USDG.
Lift Dollar (USDL) is an ERC-20 token issued on Ethereum and later deployed on Arbitrum. Because it is a fiat-referenced stablecoin designed to hold 1:1 parity with the US dollar, network upgrades and gas fees do not change its peg directly. They mainly affect how cheaply and quickly users can move or use USDL in DeFi.
Ethereum upgrades that lower gas costs or improve scalability reduce the cost of transferring USDL, interacting with its yield-distribution contract and providing liquidity on DEXs. Arbitrum, an L2 rollup, offers even lower fees and faster confirmations, which improves USDL's usability for payments, treasury management and DeFi integrations.
Lower transaction costs can deepen liquidity and attract more integrations, indirectly supporting demand. However, USDL has been deprecated, and its contracts are no longer active.
A spot ETF or broader institutional adoption of yield-bearing stablecoins could meaningfully raise demand for products like Lift Dollar (USDL). A spot ETF would give traditional investors regulated exposure without managing wallets directly, while institutional adoption would bring treasury desks, payment firms and DeFi protocols into the ecosystem.
For USDL, sustained institutional inflows would improve liquidity, strengthen its legitimacy as a regulated fiat-referenced token and potentially support a firmer price floor near $1. Because USDL distributes daily yield from US Treasuries and cash equivalents, it is especially attractive to institutions seeking dollar exposure plus overnight yield under FSRA of ADGM oversight.
That said, USDL has been deprecated and its contracts are no longer active, so any future institutional demand would likely shift to successor tokens such as USDG.
Lift Dollar (USDL) is one of several Paxos-issued stablecoins, alongside PayPal USD (PYUSD), Pax Dollar (USDP), Pax Gold (PAXG) and Global Dollar (USDG). All share a similar reserve model of US dollar deposits, short-duration US Treasuries and cash equivalents with 1:1 backing, but they differ in purpose and distribution.
| Dimension | Lift Dollar (USDL) | PYUSD / USDG |
|---|---|---|
| Core Positioning | Yield-bearing regulated stablecoin | Payments and general-purpose stablecoins |
| Supply Model | Infinite max supply, daily rebasing yield | No daily holder yield |
| Consensus | ERC-20 on Ethereum and Arbitrum | ERC-20 on Ethereum and other chains |
| Main Use Cases | DeFi yield, treasury management | Payments, remittances, exchange liquidity |
USDL stands out for distributing overnight yield directly to holders, a feature PYUSD and USDG do not offer. However, USDL has been deprecated and converted to USDG.
On BTCC, you can attach stop-loss (SL) and take-profit (TP) orders to any USDL/USDT perpetual contract position. These tools help you cap losses and lock in gains automatically.
Because Lift Dollar (USDL) is a stablecoin, price movement is usually small, so precise levels and conservative leverage matter even more. Always confirm SL/TP before submitting the order.
The current price of Lift Dollar (USDL) is $1.012329, with a market cap of $0 and 24h trading volume of $0. The circulating supply is -- (max supply ∞).
As a fiat-referenced stablecoin, USDL is designed to trade close to $1, with small deviations driven by liquidity and market conditions. Note that USDL has been deprecated and its token contracts are no longer active, so live data may reflect legacy or successor-token activity.
For real-time pricing, depth and order-book updates, open the USDL/USDT perpetual contract page on BTCC and check the live market data before placing any trade.
Lift Dollar (USDL) is a fiat-referenced stablecoin, so its price is anchored near $1 by 1:1 backing and redemption. Still, several factors can drive small deviations and long-term demand.
Because USDL has been deprecated and converted to USDG, its historical price action mainly reflects stablecoin mechanics rather than speculative cycles.
The all-time high of Lift Dollar (USDL) is $1.026617, reached on 2026-03-14 18:20; the all-time low is $0.984677, recorded on 2025-09-05 10:20.
These extremes reflect the typical behavior of a fiat-referenced stablecoin: small deviations around the $1 peg driven by liquidity, redemption flows and market conditions rather than large speculative swings. For USDL, the range between the ATH and ATL has been narrow compared with volatile crypto assets.
To inspect the full-cycle chart, open the USDL/USDT page on BTCC and review the historical candlesticks, volume and key support and resistance zones. Keep in mind that USDL has been deprecated and its contracts are no longer active.
Reading a Lift Dollar (USDL) candlestick chart on BTCC starts with the basics of each candle:
Because USDL is a stablecoin, its chart is usually range-bound near $1, so focus on small ranges, liquidity and precise entries rather than large trend moves.
You can profit from a falling Lift Dollar (USDL) price without holding spot by shorting USDL/USDT perpetual contracts on BTCC. The logic is simple: open a short position at a higher price, then close it (buy back) at a lower price to lock in the price difference.
This gives traders a two-way opportunity, so bear markets and pullbacks are not dead zones. If USDL slips below its usual peg or range, a short position can capture that move. You can also combine shorts with stop-loss and take-profit orders to manage risk automatically.
Keep in mind that USDL is a stablecoin designed to trade near $1 and has been deprecated, so downward moves are typically small. Use conservative leverage and always set a stop-loss above key resistance.
Yes. BTCC offers flexible leverage on USDL/USDT perpetual contracts, with leverage up to 50x, subject to platform risk rules and your account status. This lets you control a larger position with a smaller amount of margin.
However, leverage magnifies both gains and losses. A small adverse move in Lift Dollar (USDL) can trigger liquidation if your margin is too thin. Because USDL is a stablecoin that usually trades near $1, high leverage can still be risky if the peg deviates or liquidity thins.
Beginners should start at 2x to 10x and always attach a strict stop-loss. Use isolated margin where appropriate, monitor your liquidation price and never risk more than you can afford to lose.
After registering on BTCC, you can switch to Demo Trading mode and receive virtual funds, such as 100,000 USDT, to practice without risking real money. The demo environment uses real Lift Dollar (USDL) market data, so prices, charts and order behavior mirror the live market.
In demo mode you can practice adjusting leverage, placing market and limit orders, and setting take-profit and stop-loss on USDL/USDT perpetual contracts. You can also test shorting, trailing stops and different margin modes to see how they affect your position.
This is a risk-free way to build familiarity with the platform before trading live. Once comfortable, complete KYC and deposit USDT to start trading USDL with real funds.
Buying and trading Lift Dollar (USDL) on BTCC follows a simple four-step flow:
Because USDL is a fiat-referenced stablecoin, price movement is usually small, so use conservative leverage and precise entries. Note that USDL has been deprecated and its contracts are no longer active, so trading may reference successor tokens such as USDG. Always review the live order book and risk settings before submitting any trade.
Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.