Logo of Ebisu V2Ebisu V2Deprecated protocol
Total Value Locked$47,899.56

TVL by Chain

Ethereum$39,755.64

Plasma$8,143.92

Key Metrics

Fees (Annualized)$18,421.46
Fees 30d$2,888.46

Plasma$2,819.28

Ethereum$69.18

Fees 7d$2,825.04

Plasma$2,818.79

Ethereum$6.25

Fees 24h$0

Ethereum$0

Plasma$0

Cumulative Fees$20,498.46

Ethereum$15,940.18

Plasma$4,558.28

Revenue (Annualized)$13,702.1
Revenue 30d$2,166.1

Plasma$2,114.71

Ethereum$51.39

Revenue 7d$2,119.03

Plasma$2,114.34

Ethereum$4.69

Revenue 24h$0

Ethereum$0

Plasma$0

Cumulative Revenue$15,257.1

Ethereum$11,856.39

Plasma$3,401.71

Protocol Information

Ebisu is a Stablecoin Credit Market. Using a CDP model, users are able to borrow ebUSD against BTC, ETH, and USD pegged assets at competitive, market-set interest rates. ebUSD holders can participate in these credit markets by providing liquidity to Stability Pools and DEXs, earning real yield from borrower interest and liquidation gains.

Category:CDP

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Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest, redemption fees paid by borrowers and liquidation profitView code on GitHubRevenue: Share of borrow interest to protocol if anyView code on GitHub

Competitors

Reservoir Protocol ($33.08m)Sky Lending ($5.674b)USDD ($1.276b)Liquity V1 ($142.11m)crvUSD ($73.23m)Liquity V2 ($72.57m)Frankencoin ($68.88m)Inverse Finance FiRM ($20.32m)BIMA CDP ($7.61m)Inverse Finance Frontier ($4.52m)

Frequently Asked Questions

What is Ebisu V2?

Ebisu is a Stablecoin Credit Market. Using a CDP model, users are able to borrow ebUSD against BTC, ETH, and USD pegged assets at competitive, market-set interest rates. ebUSD holders can participate in these credit markets by providing liquidity to Stability Pools and DEXs, earning real yield from borrower interest and liquidation gains.

What is Ebisu V2's TVL?

Ebisu V2 currently has $47,899.56 in total value locked. TVL has decreased 12.3% over the past 30 days.

What chains does Ebisu V2 operate on?

Ebisu V2 operates on 2 chains: Plasma and Ethereum. Ethereum holds the largest share at 83%.

How much has Ebisu V2 generated in fees and revenue?

Over the past 30 days, Ebisu V2 generated $2,888.46 in fees. Of that, $2,166.1 was protocol revenue. Based on the trailing year, the annualized rate is $18,421.46 in fees and $13,702.1 in revenue.