Logo of ParyonUSDParyonUSD
Total Value Locked$538,919.47

TVL by Chain

Bitcoincash$538,919.47

Protocol Information

ParyonUSD is a decentralized BCH-collateralized stablecoin protocol on Bitcoin Cash. Users borrow PUSD against BCH collateral, with delegated interest management, a stability pool for liquidations, and native staking on collected interest.

Category:CDP

Audits:

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Methodology

TVL: Sum BCH collateral across all active loan UTXOs at the ParyonUSD mainnet-v1 loan contract (UTXOs marked by a mutable-capability NFT with the paryonUSD tokenID category), via the Electrum protocol.View code on GitHub

Competitors

Moria Protocol ($835,016.85)Sky Lending ($5.72b)USDD ($1.292b)Lista CDP ($256.3m)Liquity V1 ($170.64m)Liquity V2 ($84.76m)crvUSD ($83.06m)Frankencoin ($77.58m)Felix CDP ($34.17m)Reservoir Protocol ($29.69m)

Frequently Asked Questions

What is ParyonUSD?

ParyonUSD is a decentralized BCH-collateralized stablecoin protocol on Bitcoin Cash. Users borrow PUSD against BCH collateral, with delegated interest management, a stability pool for liquidations, and native staking on collected interest.

What is ParyonUSD's TVL?

ParyonUSD currently has $538,919.47 in total value locked. TVL has decreased 9.3% over the past 30 days.

What chains does ParyonUSD operate on?

ParyonUSD operates on Bitcoincash. Bitcoincash holds the largest share at 100%.

How does ParyonUSD's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, ParyonUSD ranks #51 by TVL. The category holds $7.977b across 202 protocols, and ParyonUSD accounts for <0.1% of that total. Other leading protocols include Moria Protocol, Sky Lending, USDD, Lista CDP, Liquity V1, Liquity V2, crvUSD, Frankencoin, Felix CDP, and Reservoir Protocol.