Protocol Information
USDF is a yield-bearing stablecoin issued by Aster, convertible with USDT at a 1:1 ratio. Underlying USDT funds are used to create and maintain delta neutral positions that back USDF and generate asUSDF yields
Category:Basis Trading
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Frequently Asked Questions
What is Aster USDF's TVL?
Aster USDF currently has $114.19m in total value locked. TVL has increased 2.7% over the past 30 days.
What chains does Aster USDF operate on?
Aster USDF operates on BSC. BSC holds the largest share at 100%.
How does Aster USDF's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, Aster USDF ranks #8 by TVL. The category holds $7.186b across 40 protocols, and Aster USDF accounts for 1.6% of that total. Other leading protocols include BounceBit CeDeFi Yield, BitFi Basis, Solv Basis Trading, Bitway Earn, ZEROBASE CeDeFi, Unitas USDu, Aegis YUSD, BounceBit Prime, DeSyn Basis Trading, and Ethena USDe.