Ask about Basin DAO
Logo of Basin DAOBasin DAO(BASIN)
Total Value Locked$220.21

TVL by Chain

Base$220.21

Key Metrics

Staked$0

Active Loans$0

Protocol Information

Basin DAO is proud to introduce BAI, a groundbreaking stablecoin deployed on Base Mainnet As the first overcollateralized Collateralized Debt Position (CDP) stablecoin on Base, BAI is designed to address key challenges in the existing stablecoin market by implementing a robust and secure framework.

Category:CDP

Twitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Reservoir Protocol ($33.08m)Overnight Finance ($10.06m)BTCFi CDP ($7.34m)QiDao ($2.51m)Parallel Protocol V3 ($2.05m)Preon Finance ($200,119.51)Vaultedge ($188,924.63)Meridian Finance ($54,844.26)Button Wrappers ($26,059.65)defi.money ($7,021.49)

Frequently Asked Questions

What is Basin DAO?

Basin DAO is proud to introduce BAI, a groundbreaking stablecoin deployed on Base Mainnet As the first overcollateralized Collateralized Debt Position (CDP) stablecoin on Base, BAI is designed to address key challenges in the existing stablecoin market by implementing a robust and secure framework.

What is Basin DAO's TVL?

Basin DAO currently has $220.21 in total value locked. TVL has increased 23% over the past 30 days.

What chains does Basin DAO operate on?

Basin DAO operates on Base. Base holds the largest share at 100%.

How does Basin DAO's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Basin DAO ranks #157 by TVL. The category holds $7.986b across 190 protocols, and Basin DAO accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.

How much has been borrowed through Basin DAO?

Basin DAO currently has $0 in active loans.