Ask about Poseidollar
Logo of PoseidollarPoseidollar
Total Value Locked$4.6

TVL by Chain

Sui$4.6

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 ($37.66m)Mento V2 ($12.24m)Sigmausd ($413,265.8)Ostable ($322,510.36)SPOT Cash ($215,535.61)Basis Cash ($205,692.13)Dopple Finance ($163,493.28)Frax FPI ($94,439.89)USE ($73,006.32)Finext Finance ($61,237.22)

Frequently Asked Questions

What is Poseidollar's TVL?

Poseidollar currently has $4.6 in total value locked. TVL has increased 15% 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 #41 by TVL. The category holds $51.72m across 102 protocols, and Poseidollar accounts for <0.1% of that total. Other leading protocols include Frax, Mento V2, Sigmausd, Ostable, SPOT Cash, Basis Cash, Dopple Finance, Frax FPI, USE, and Finext Finance.