Ask about Nerite
Key Metrics
Fees 30d$90.06
Fees 30d by chain
Arbitrum$90.06
Fees 7d$23.24
Arbitrum$23.24
Fees 24h$2.71
Arbitrum$2.71
Cumulative Fees$32,042.77
Arbitrum$32,042.77
Revenue 30d$0
Revenue 30d by chain
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 $70,587.83 in total value locked. TVL has decreased 12.7% 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 $90.06 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $22,253.06 in fees.
How does Nerite's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, Nerite ranks #94 by TVL. The category holds $7.649b 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.