Logo of Balanced DollarBalanced Dollar(BALN)
Total Value Locked$663,793

TVL by Chain

Icon$663,793

Protocol Information

The Balanced Dollar (bnUSD) is a decentralised, cross-chain 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

Audits:No

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Methodology

TVL: TVL consists of collateral deposits made to the lending program and the stability fund.View code on GitHub

Frequently Asked Questions

What is Balanced Dollar?

The Balanced Dollar (bnUSD) is a decentralised, cross-chain 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.

What is Balanced Dollar's TVL?

Balanced Dollar currently has $663,793 in total value locked. TVL has decreased 14.9% over the past 30 days.

What chains does Balanced Dollar operate on?

Balanced Dollar operates on Icon. Icon holds the largest share at 100%.