Ask about Unit Protocol
Logo of Unit ProtocolUnit Protocol(DUCK)
Total Value Locked$204,801.81

TVL by Chain

Ethereum$204,801.81

Key Metrics

$DUCK Liquidity$85,069

Raydium AMM$85,069

Protocol Information

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

Category:CDP

Audits:

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Methodology

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

Competitors

Sky Lending ($5.647b)USDD ($1.297b)Liquity V1 ($140.8m)crvUSD ($74.25m)Liquity V2 ($72.39m)Frankencoin ($68.81m)Reservoir Protocol ($33.43m)Inverse Finance FiRM ($20.3m)BIMA CDP ($7.6m)Inverse Finance Frontier ($4.59m)

Frequently Asked Questions

What is Unit Protocol?

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

What is Unit Protocol's TVL?

Unit Protocol currently has $204,801.81 in total value locked. TVL has increased 7.4% 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 #71 by TVL. The category holds $7.901b across 192 protocols, and Unit Protocol accounts for <0.1% of that total. Other leading protocols include Sky, USDD, and Lista DAO.