Key Metrics
Fees (Annualized)$25,378.78
Fees 30d$173.14
Arbitrum$173.14
Fees 7d$21.67
Arbitrum$21.67
Fees 24h$4.79
Arbitrum$4.79
Cumulative Fees$31,985.78
Arbitrum$31,985.78
Revenue (30d Run Rate)$0
Revenue 30d$0
Arbitrum$0
Revenue 7d$0
Arbitrum$0
Revenue 24h$0
Arbitrum$0
Cumulative Revenue$0
Arbitrum$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 GitHubCompetitors
Frequently Asked Questions
What is Nerite's TVL?
Nerite currently has $102,926.26 in total value locked. TVL has increased 11.9% 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 $173.14 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $25,378.78 in fees.
How does Nerite's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Nerite ranks #89 by TVL. The category holds $7.962b across 203 protocols, and Nerite accounts for <0.1% of that total. Other leading protocols include Reservoir Protocol, Overnight Finance, Abracadabra Spell, QiDao, Angle, Gravita Protocol, Preon Finance, xDollar, Savvy, and Button Wrappers.
