Balanced Dollar (BALN)

Total Value Locked

$8.1m

Chain Breakdown
Icon	$8.1m

TVLUSD InflowsTweets

USD ICX

Protocol Information

The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 USD. It uses cryptocurrency as collateral to guarantee its value, with support for assets from a variety of blockchains. bnUSD is not experimental or algorithmic: it’s over-collateralised, so the total supply cannot exceed the value that backs it.

Category:CDP

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Token Information

Address:cxf61cd5...a09619

Methodology

TVL: TVL consists of collateral deposits made to the lending program and the stability fund.

TVL code

Competitors

MakerDAO ($5.698b)JustStables ($1.433b)Liquity ($685.91m)Helio Protocol ($245.52m)crvUSD ($216.89m)Thorchain Lending ($168.85m)Abracadabra Spell ($116.88m)Kava Mint ($72.85m)Overnight USD+ ($66.56m)Orby Network ($66.55m)