Ask about Lorenzo sUSD1+
Logo of Lorenzo sUSD1+Lorenzo sUSD1+
Total Value Locked$161.08m

TVL by Chain

BSC$161.08m

Ethereum$135.83

Key Metrics

Fees (Annualized)$3.06m
Fees 30d$367,705

BSC$367,737

Ethereum$0

Fees 7d$26,099

BSC$26,099

Ethereum$0

Fees 24h$0

BSC$0

Ethereum$0

Cumulative Fees$2.69m

BSC$2.87m

Ethereum$0

Revenue (Annualized)$163,170
Revenue 30d$18,385

BSC$18,385

Ethereum$0

Revenue 7d$1,305

BSC$1,305

Ethereum$0

Revenue 24h$0

BSC$0

Ethereum$0

Cumulative Revenue$143,500

BSC$143,500

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 ($1.031b)Multipli.fi ($55.27m)Spectra V2 ($31m)Equilibria ($9.84m)TermFinance Vaults ($9.77m)Spark Savings ($1.555b)Convex Finance ($496.55m)Aster asBNB ($113.88m)Stake DAO ($104.81m)Strata Markets ($84.3m)