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Information TVL Yields

SMARDEX USDN

Total Value Locked$5.74m

TVL by Chain

Ethereum$5.74m

SMARDEX USDN

Total Value Locked$5.74m

TVL by Chain

Ethereum$5.74m

TVL

Protocol Information

USDN token is a synthetic U.S. dollar backed by a structured product utilizing a delta-Neutral strategy

Category:Basis Trading

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Yields

Pools Tracked1

Average APY21.81%

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Competitors

Ethena USDe ($5.597b)Stables Labs USDX ($668.4m)BounceBit CeDeFi Yield ($504.05m)Resolv ($369.38m)BitFi Basis ($299.46m)Solv Basis Trading ($165.54m)Superstate USCC ($120.39m)DeSyn Basis Trading ($88.04m)ZEROBASE CeDeFi ($36.22m)Theo Network ($26.67m)