InformationTVL

Sperax USD (SPA)

Total Value Locked$841,972

TVL by Chain

Arbitrum$841,972

Ethereum$0

Key Metrics

Market Cap$1.19m

$SPA Price$1.04

All Time High$2

All Time Low$0.89

Fully Diluted Valuation$1.19m

24h $SPA Volume$103,072

CEX Volume-

DEX Volume$103,079(100.01% of total)

Staked$3.6m(304.11% of mcap)

Protocol Information

SperaxUSD (USDs) is a stablecoin and yield-automator on Arbitrum. USDs is 100% backed by collateral that is sent to DeFi strategies to produce a yield. This yield is then distributed to holders in a gasless manner, making compound interest easy.

Category:Yield Aggregator

Audits:

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Methodology

TVL: Counts all collateral locked to mint USDs.This collateral is either sent to DeFi strategies to produce an organic yield, or is stored in the VaultCore contract of the USDs protocol. Some TVL is classified as staking. This component of TVL consists of all SPA staked in Sperax’s veSPA protocol.View code on GitHub

Competitors

DeSyn Liquid Strategy ($1.125b)CIAN Yield Layer ($721.34m)Yearn Finance ($269.83m)Beefy ($255.03m)Superform ($132.25m)Fluid Lite ($152.78m)Flamincome ($135.7m)Hyperbeat ($130.25m)Nucleus ($118.67m)Trevee Earn ($113.73m)