Ask about Poseidollar

Logo of PoseidollarPoseidollar

Total Value Locked$6.58

TVL by Chain

Sui$6.58

Protocol Information

Poseidollar - the first algorithmic stablecoin pegged to $USDC running on the Sui Network.

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Category:Algo-Stables

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Frax ($41.35m)Mento V2 ($12.85m)Sigmausd ($489,286)Ostable ($323,132)StonkPress ($301,033)Basis Cash ($205,629)SPOT Cash ($193,777)Dopple Finance ($163,517)Frax FPI ($94,160)USE ($87,953)

Frequently Asked Questions

What is Poseidollar's TVL?

Poseidollar currently has $6.58 in total value locked. TVL has increased 31.7% over the past 30 days.

What chains does Poseidollar operate on?

Poseidollar operates on Sui. Sui holds the largest share at 100%.

How does Poseidollar's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Poseidollar ranks #42 by TVL. The category holds $56.4m across 99 protocols, and Poseidollar accounts for <0.1% of that total. Other leading protocols include Frax, Mento V2, Sigmausd, Ostable, StonkPress, Basis Cash, SPOT Cash, Dopple Finance, Frax FPI, and USE.