Balanced Dollar (BALN)

Total Value Locked$3.77m
Chain Breakdown
Icon$3.77m
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 09/04/25)

Weekly commits: 10
Monthly commits: 27
Weekly developers: 2
Monthly developers: 2

Last commit: 5 days ago (2025-04-09)

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($5.584b)Avalon USDa($492.33m)Beraborrow($385.53m)lisUSD($371.71m)USDD($351.77m)crvUSD($179.74m)Liquity V1($175.01m)Level($146.66m)Thorchain Lending($121.49m)Reservoir Protocol($101.57m)