InformationTVLStablecoin InfoFees and Revenue

Nerite (NERI)

Total Value Locked$4.8m

TVL by Chain

Arbitrum$4.8m

Key Metrics

Fees (Annualized)$51,789

Fees 30d$4,245

Fees 7d$1,013

Fees 24h$106

Cumulative Fees$6,289

Protocol Information

USND is an over-collateralized, governance-minimized stablecoin native to Arbitrum and fully backed by crypto collateral. USND also supports token streaming via Superfluid to enable real-time yield distribution.

Category:CDP

WebsiteGitHubTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Interest paid by borrowersView code on GitHub

Competitors

River Omni-CDP ($255.72m)FrankenCoin ($36.4m)Abracadabra Spell ($27.81m)Angle ($27.02m)Overnight Finance ($20.72m)QiDao ($9.7m)Gravita Protocol ($4.35m)DSU Money ($770,750)Preon Finance ($734,428)The Standard ($694,229)