Sperax USD (SPA)

Total Value Locked312.83 ETH
Chain Breakdown
Arbitrum312.83 ETH
Ethereum0 ETH
Include in TVL (optional)
2,046 ETH
Market Cap416.49 ETH
0.0004 ETH
Fully Diluted Valuation416.49 ETH
16.17 ETH
Staked2,046 ETH
(491.22% 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:

Token Information

Address:0x557555...40ad4b

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.