Midnight vs Terra USD — how do they compare? Midnight trades at Rp313.74 (market cap Rp5,2T, Rp287,31M 24h volume), while Terra USD trades at Rp87.58 (market cap Rp486,25M, Rp21,67M 24h volume). The key difference: Midnight is far larger — about 10694.1× Terra USD's market cap, and Midnight's circulating supply is 16,6B / 24B NIGHT (70%) versus 5,6B / 6,1B USTC (92%) for Terra USD. Which is the better fit depends on your goals — on Pluang, investors hold Midnight for 8 Days and Terra USD for 57 Days on average.
| NIGHT | USTC | |
|---|---|---|
Market Cap | Rp5,2T | Rp486,25M |
Volume (24h) | Rp287,31M | Rp21,67M |
Circulating Supply | 16,6B / 24B NIGHT (70%) | 5,6B / 6,1B USTC (92%) |
Typical Hold Time | 8 Days | 57 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
Midnight is a next-generation blockchain developed by Charles Hoskinson, co-founder of Ethereum and founder of Cardano. It uses zero-knowledge proofs to enable applications that protect user, commercial, and transaction data without sacrificing utility. Midnight introduces a public–private dual-state architecture and a dual-component token model designed to balance privacy, selective disclosure, and on-chain functionality.
Read more on NIGHT →USTC is the decentralized and algorithmic stablecoin of the Terra blockchain. It is a scalable, yield-bearing coin that is value-pegged to the US dollar. The stablecoin in the Terra ecosystem shares the total liquidity, meaning users can exchange TerraUSD to TerraKRW (their stablecoin pegged to the Korean Won) with minimal fees. Additionally, users can gain passive income using TerraUSD with the Anchor lending protocol's stable interest rates.
Read more on USTC →