Balanced Dollar (BALN)

Total Value Locked$4.19m
Chain Breakdown
Icon$4.19m
USDICX

Protocol Information

The Balanced Dollar (bnUSD) is a decentralised, cross-chain stablecoin that tracks the price of 1 USD. It uses cryptocurrency as collateral to guarantee its value, with support for assets from a variety of blockchains. bnUSD is not experimental or algorithmic: it's over-collateralised, so the total supply cannot exceed the value that backs it.

Category:CDP

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Development Activity

(updated at 02/04/25)

Weekly commits: 6
Monthly commits: 2
Weekly developers: 1
Monthly developers: 1

Last commit: 2 days ago (2025-04-02)

Token Information

Address:cxf61cd5...a09619

Methodology

TVL: TVL consists of collateral deposits made to the lending program and the stability fund.

TVL

Competitors

Sky Lending($7.111b)Avalon USDa($477.61m)Beraborrow($373.51m)lisUSD($371.46m)USDD($318.99m)Liquity V1($194.91m)crvUSD($191.51m)Level($135.53m)Thorchain Lending($123.07m)Reservoir Protocol($94.75m)