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ProtocolsSperax USD

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INCLUDE IN TVL:

Sperax USD (USDs)

Total Value Locked$4,356,991

  .csv
Chain Breakdown
Arbitrum$4.36m
Ethereum$0
Include in TVL (optional)
$920.77k

Information

Protocol Information

SperaxUSD (USDs) is a stablecoin and yield-automator on Arbitrum. USDs is 100% backed by collateral that is sent to DeFi strategies to produce a yield. This yield is then distributed to holders in a gasless manner, making compound interest easy.

Category: Algo-Stables

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Token Information

Address:arbitrum...F52152

Methodology

Counts all collateral locked to mint USDs.This collateral is either sent to DeFi strategies to produce an organic yield, or is stored in the VaultCore contract of the USDs protocol. Some TVL is classified as staking. This component of TVL consists of all SPA staked in Sperax’s veSPA protocol.

Charts

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