Ask about ParyonUSD
Logo of ParyonUSDParyonUSD
Total Value Locked$503,881.14

TVL by Chain

Bitcoincash$503,881.14

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)

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 $503,881.14 in total value locked. TVL has increased 9.7% 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 #45 by TVL. The category holds $7.994b across 190 protocols, and ParyonUSD accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.