Logo of Ethena USDtbEthena USDtb(ENA)

Total Value Locked$491.67m

TVL by Chain

Ethereum$491.67m

Key Metrics

Protocol Information

USDtb is a digital dollar, otherwise known as a USD stablecoin. USDtb can be used the same way a holder would use any other dollar, whether to send and receive payments, acquire and trade assets, or to simply hold dollars.

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Category:RWA

Sub Category: Treasury Bills

Methodology

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

Competitors

Invesco USTB ($545.64m)Re ($388.89m)Huma ($375.09m)Anemoy Capital ($334.03m)OpenTrade ($267.23m)Plume Vaults ($220.55m)Theo Network thUSD ($133.79m)Frax USD ($106.22m)Usual USD0 ($88.05m)Sky RWA ($73.65m)

Frequently Asked Questions

What is Ethena USDtb's TVL?

Ethena USDtb currently has $491.67m in total value locked. TVL has increased 1.7% over the past 30 days.

What chains does Ethena USDtb operate on?

Ethena USDtb operates on Ethereum. Ethereum holds the largest share at 100%.

How does Ethena USDtb's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, Ethena USDtb ranks #2 by TVL. The category holds $4.535b across 172 protocols, and Ethena USDtb accounts for 10.8% of that total. Other leading protocols include Invesco USTB, Re, Huma, Anemoy Capital, OpenTrade, Plume Vaults, Theo Network thUSD, Frax USD, Usual USD0, and Sky RWA.