Ask about Nerite · freeTotal Value Locked$56,693
TVL by Chain
Arbitrum$56,693
Key Metrics
Fees 30d$111.28
Fees 30d by chain
Arbitrum$111.28
Fees 7d$8.52
Arbitrum$8.52
Fees 24h$4.24
Arbitrum$4.24
Cumulative Fees$32,222
Arbitrum$32,222
Revenue 30d$0
Revenue 30d by chain
Arbitrum$0
Revenue 7d$0
Arbitrum$0
Revenue 24h$0
Arbitrum$0
Cumulative Revenue$0
Arbitrum$0
Collateral Liquidated 30d$0
Collateral Liquidated 30d by chain
Arbitrum$0
Collateral Liquidated 7d$0
Arbitrum$0
Collateral Liquidated 24h$0
Arbitrum$0
Cumulative Collateral Liquidated$0
Arbitrum$0
Market Cap$19,581
$NERI Price$0.00024
Fully Diluted Valuation$23,556
$NERI Volume 24h$0
CEX Volume$0
DEX Volume$0
Protocol Information
USND is an over-collateralized, governance-minimized stablecoin native to Arbitrum and fully backed by crypto collateral. USND also supports token streaming via Superfluid to enable real-time yield distribution.
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 GitHubCollateral Liquidated: Collateral seized from liquidated troves (sent to the stability pool, redistributed to other troves, and paid as gas compensation), excluding any surplus returned to the borrower, from TroveManager Liquidation events.View code on GitHubCompetitors
Nerite history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Jul 15, 2025 to Oct 27, 2026.
All-time high TVL: $5.36m on Oct 7, 2025. All-time low TVL: $56,412 on Oct 26, 2026.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $73,769 |
| Sep 29, 2026 | $73,697 |
| Sep 30, 2026 | $73,969 |
| Oct 1, 2026 | $74,095 |
| Oct 2, 2026 | $74,597 |
| Oct 3, 2026 | $72,866 |
| Oct 4, 2026 | $70,422 |
| Oct 5, 2026 | $71,136 |
| Oct 6, 2026 | $70,606 |
| Oct 7, 2026 | $70,291 |
| Oct 8, 2026 | $66,965 |
| Oct 9, 2026 | $62,258 |
| Oct 10, 2026 | $62,120 |
| Oct 11, 2026 | $62,105 |
| Oct 12, 2026 | $62,869 |
| Oct 13, 2026 | $62,017 |
| Oct 14, 2026 | $61,825 |
| Oct 15, 2026 | $58,386 |
| Oct 16, 2026 | $60,234 |
| Oct 17, 2026 | $59,902 |
| Oct 18, 2026 | $59,544 |
| Oct 19, 2026 | $59,470 |
| Oct 20, 2026 | $59,132 |
| Oct 21, 2026 | $60,046 |
| Oct 22, 2026 | $59,824 |
| Oct 23, 2026 | $58,840 |
| Oct 24, 2026 | $58,273 |
| Oct 25, 2026 | $57,718 |
| Oct 26, 2026 | $56,412 |
| Oct 27, 2026 | $56,929 |
TVL at each month end, Jul 2025 to Oct 2026
| Date | TVL |
|---|---|
| Jul 31, 2025 | $4.56m |
| Aug 31, 2025 | $4.62m |
| Sep 30, 2025 | $4.82m |
| Oct 31, 2025 | $4.47m |
| Nov 30, 2025 | $3.59m |
| Dec 31, 2025 | $3.42m |
| Jan 31, 2026 | $3.14m |
| Feb 28, 2026 | $2.33m |
| Mar 31, 2026 | $2.29m |
| Apr 30, 2026 | $179,019 |
| May 31, 2026 | $147,619 |
| Jun 30, 2026 | $83,716 |
| Jul 31, 2026 | $88,417 |
| Aug 31, 2026 | $101,382 |
| Sep 30, 2026 | $73,969 |
| Oct 27, 2026 (latest) | $56,929 |
Fees and revenue by UTC calendar month, Jul 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| Jul 2025 | $3,015 | $0 |
| Aug 2025 | $4,415 | $0 |
| Sep 2025 | $5,224 | $0 |
| Oct 2025 | $4,779 | $0 |
| Nov 2025 | $4,305 | $0 |
| Dec 2025 | $2,748 | $0 |
| Jan 2026 | $2,413 | $0 |
| Feb 2026 | $1,545 | $0 |
| Mar 2026 | $1,721 | $0 |
| Apr 2026 | $1,119 | $0 |
| May 2026 | $240.22 | $0 |
| Jun 2026 | $215.83 | $0 |
| Jul 2026 | $167.88 | $0 |
| Aug 2026 | $87.71 | $0 |
| Sep 2026 | $142.27 | $0 |
| Oct 2026 (to date) | $88 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/nerite
Frequently asked questions
What is Nerite's TVL?
As of Oct 27, 2026, Nerite has $56,693 in total value locked. TVL has decreased 24.5% over the past 30 days.
What chains does Nerite operate on?
Nerite operates on Arbitrum. Arbitrum holds the largest share at 100%.
How much has Nerite generated in fees and revenue?
Over the past 30 days, Nerite generated $111.28 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $15,663 in fees.
What is the NERI token price and valuation?
NERI is currently trading at $0.00024. Its circulating market capitalization is $19,581, ranking it #10,873. Its fully diluted valuation is $23,556. Supply currently stands at 83.13m circulating, 100m total supply, 100m maximum supply.
How has NERI performed recently?
NERI is down 26.4% over the past 7 days and down 37.5% over the past 30 days. Its all-time high is $0.0019, reached on Apr 3, 2026. The token is currently 87.5% below that level.
How does Nerite's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Nerite ranks #93 by TVL. The category holds $7.358b across 200 protocols, and Nerite accounts for <0.1% of that total. Similar protocols include Reservoir Protocol, Abracadabra Spell, QiDao, Angle, Gravita Protocol, Preon Finance, Savvy, xDollar, Button Wrappers, and Davos Protocol.