Ask about Unit Protocol
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Unit Protocol(DUCK)

Total Value Locked$265,479

TVL by Chain

Ethereum$265,479

Protocol Information

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

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Category:CDP

Audits:

Methodology

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

Competitors

Sky Lending ($5.991b)USDD ($1.347b)Liquity V1 ($179.74m)crvUSD ($147.24m)Liquity V2 ($98.3m)Reservoir Protocol ($70.13m)Frankencoin ($61.56m)Inverse Finance FiRM ($31.51m)BIMA CDP ($10.91m)Inverse Finance Frontier ($5.08m)

Frequently Asked Questions

What is Unit Protocol's TVL?

Unit Protocol currently has $265,479 in total value locked. TVL has increased 0.9% 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 #70 by TVL. The category holds $8.246b across 198 protocols, and Unit Protocol accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, BIMA CDP, and Inverse Finance Frontier.