Key Metrics
Staked$0
$CHI Liquidity$183,859
Velodrome V2$183,859
Protocol Information
Chi Protocol is the scalable LST-backed stablecoin protocol powered by USC and CHI. Users can mint USC 1:1 vs. ETH/stETH, and LSTs are used to payout real yield to the governance token CHI. Smart contracts and arbitrage incentives automatically maintain the protocol's stability and solvency.
Category:Partially Algorithmic Stablecoin
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubHacks
Date: Jul 13, 2026
Amount: $8,500
Classification: Protocol Logic
Technique: Flashloan Accounting Logic Exploit
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Chi Protocol?
Chi Protocol is the scalable LST-backed stablecoin protocol powered by USC and CHI. Users can mint USC 1:1 vs. ETH/stETH, and LSTs are used to payout real yield to the governance token CHI. Smart contracts and arbitrage incentives automatically maintain the protocol's stability and solvency.
What is Chi Protocol's TVL?
Chi Protocol currently has $0.87 in total value locked. TVL has decreased 100% over the past 30 days.
What chains does Chi Protocol operate on?
Chi Protocol operates on Ethereum. Ethereum holds the largest share at 100%.
How does Chi Protocol's TVL compare to similar protocols?
Among Partially Algorithmic Stablecoin protocols tracked by DefiLlama, Chi Protocol ranks #4 by TVL. The category holds $2.76m across 5 protocols, and Chi Protocol accounts for <0.1% of that total. Other leading protocols include dTRINITY, Chamber, and UXD.
Has Chi Protocol ever been exploited?
Chi Protocol has 1 recorded security incident. The most recent incident occurred on Jul 13, 2026 and involved $8,500. It was classified as Protocol Logic.