Logo of Ebisu V1Ebisu V1Deprecated protocol
Total Value Locked$5,360.61

TVL by Chain

Mode$4,819.74

Ethereum$540.87

Protocol Information

(Deprecated) Ebisu allows users to draw dollar-denominated credit against LRTs via a decentralized stablecoin. ebUSD gives users access to a stable store of value while enabling yield generation through AVS rewards and Ethereum staking rewards. User can set and adjust their interest rate any time throughout the lifecycle of the loan.

Category:CDP

Audits:

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Methodology

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

Competitors

Davos Protocol ($21,197.82)Sky Lending ($5.649b)USDD ($1.276b)Liquity V1 ($139.6m)crvUSD ($73.86m)Liquity V2 ($71.33m)Frankencoin ($68.1m)Reservoir Protocol ($32.63m)Inverse Finance FiRM ($20.83m)BIMA CDP ($7.52m)

Frequently Asked Questions

What is Ebisu V1?

(Deprecated) Ebisu allows users to draw dollar-denominated credit against LRTs via a decentralized stablecoin. ebUSD gives users access to a stable store of value while enabling yield generation through AVS rewards and Ethereum staking rewards. User can set and adjust their interest rate any time throughout the lifecycle of the loan.

What is Ebisu V1's TVL?

Ebisu V1 currently has $5,360.61 in total value locked. TVL has increased 21.7% over the past 30 days.

What chains does Ebisu V1 operate on?

Ebisu V1 operates on 2 chains: Ethereum and Mode. Mode holds the largest share at 89.9%.