Ask about Unit Protocol

Logo of Unit ProtocolUnit Protocol(DUCK)

Total Value Locked$279,823.34

TVL by Chain

Ethereum$279,823.34

Protocol Information

Unit protocol is a decentralized borrowing protocol that allows you to mint USDP stablecoin using a variety of tokens as collateral.

GitHubX/Twitter
Category:CDP

Audits:

Methodology

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

Competitors

Sky Lending ($5.757b)USDD ($1.264b)Liquity V1 ($189.99m)crvUSD ($156.21m)Liquity V2 ($103.58m)Frankencoin ($85.47m)Reservoir Protocol ($71.62m)Inverse Finance FiRM ($30.22m)BIMA CDP ($10.26m)Abracadabra Spell ($4.91m)

Frequently Asked Questions

What is Unit Protocol's TVL?

Unit Protocol currently has $279,823.34 in total value locked. TVL has increased 15.7% over the past 30 days.

What chains does Unit Protocol operate on?

Unit Protocol operates on Ethereum. Ethereum holds the largest share at 100%.

How does Unit Protocol's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, Unit Protocol ranks #72 by TVL. The category holds $8.143b across 201 protocols, and Unit Protocol accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Frankencoin, Reservoir Protocol, Inverse Finance FiRM, BIMA CDP, and Abracadabra Spell.