This protocol has some TVL that's classified as staking, enable the toggles to see it
Sperax's USDs strikes a dynamic balance between collateralization and algorithmic-stability, unleashing the stablecoin's capital efficiency
Total Value Locked
Counts all collaterals - USDC, USDT at the moment - locked to mint USDs. These collaterals are either stored in VaultCore contract of USDs protocol, or deposited into Curve’s USDC-USDT pool. Some TVL are classified as staking. This component of TVL consists of all SPA locked in Sperax’s veSPA protocol.