Ask about Lorenzo sUSD1+
Logo of Lorenzo sUSD1+Lorenzo sUSD1+
Total Value Locked$181.22m

TVL by Chain

BSC$181.22m

Ethereum$135.55

Key Metrics

Fees (Annualized)$1.51m
Fees 30d$123,473

BSC$124,449

Ethereum$0

Fees 7d$112,523

BSC$112,528

Ethereum$0

Fees 24h$0

BSC$0

Ethereum$0

Cumulative Fees$2.43m

BSC$2.61m

Ethereum$0

Revenue (Annualized)$75,908
Revenue 30d$6,222

BSC$6,222

Ethereum$0

Revenue 7d$5,626

BSC$5,626

Ethereum$0

Revenue 24h$0

BSC$0

Ethereum$0

Cumulative Revenue$130,741

BSC$130,741

Ethereum$0

Protocol Information

sUSD1+ is a value-accruing yield-generating stablecoin developed by Lorenzo Labs. Users can mint sUSD1+ by depositing major stablecoins such as USD1, USDT, or USDC

CategoryYield
WebsiteTwitter

Methodology

TVL: Lorenzo sUSD1+ is a vault that represents tokenized real-world assets. The protocol maintains a Net Asset Value (NAV) that reflects the current value of the underlying asset portfolio per token.View code on GitHubFees: Total yield from sUSD1+ vault strategies (delta-neutral basis trading, RWA yields, DeFi). Lorenzo takes a 5% fee on positive yields off-chain before updating the NAV.View code on GitHubRevenue: Lorenzo takes a 5% performance fee on positive yields, deducted off-chain before the on-chain NAV update.View code on GitHub

Competitors

Pendle ($1.248b)Multipli.fi ($55.44m)Spectra V2 ($37.1m)Equilibria ($10.8m)TermFinance Vaults ($9.58m)Spark Savings ($2.004b)Convex Finance ($539.65m)Aster asBNB ($149.52m)Stake DAO ($110.19m)Strata Markets ($93.83m)