Ask about ParyonUSD

Logo of ParyonUSDParyonUSD

Total Value Locked$869,972

TVL by Chain

Bitcoincash$869,972

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.

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Category:CDP

Audits:

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

Sky Lending ($5.772b)USDD ($1.265b)Liquity V1 ($193.63m)crvUSD ($156.73m)Liquity V2 ($108.63m)Lista CDP ($88.29m)Reservoir Protocol ($72.08m)Frankencoin ($63.39m)Inverse Finance FiRM ($32.63m)Felix CDP ($30.92m)

Frequently Asked Questions

What is ParyonUSD's TVL?

ParyonUSD currently has $869,972 in total value locked. TVL has increased 42.4% 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 #43 by TVL. The category holds $8.008b across 200 protocols, and ParyonUSD accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, and Felix CDP.