Logo of Lorenzo sUSD1+Lorenzo sUSD1+
Total Value Locked$152.7m

TVL by Chain

BSC$152.7m

Ethereum$135.84

Key Metrics

Fees (Annualized)$2.97m
Fees 30d$152,990

BSC$152,990

Ethereum$0

Fees 7d$37,077

BSC$37,077

Ethereum$0

Fees 24h$21,357

BSC$21,357

Ethereum$0

Cumulative Fees$2.8m

BSC$2.98m

Ethereum$0

Revenue (Annualized)$158,407
Revenue 30d$7,649

BSC$7,649

Ethereum$0

Revenue 7d$1,854

BSC$1,854

Ethereum$0

Revenue 24h$1,068

BSC$1,068

Ethereum$0

Cumulative Revenue$149,059

BSC$149,059

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

Category:Yield

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 ($1.053b)Multipli.fi ($55.25m)Spectra V2 ($28.88m)TermFinance Vaults ($11.77m)Equilibria ($10.65m)Spark Savings ($1.129b)Convex Finance ($491.32m)Aster asBNB ($106.07m)Stake DAO ($104.71m)infiniFi ($62.4m)