Ask about USDD · freeTotal Value Locked$1.244b
TVL by Chain
Tron$1.211b
BSC$20.89m
Ethereum$12.38m
Key Metrics
Fees 30d$193,198
Fees 30d by chain
Tron$193,097
Ethereum$101
BSC$0
Fees 7d$45,053
Tron$45,053
BSC$0
Ethereum$0
Fees 24h$6,421
Tron$6,421
BSC$0
Ethereum$0
Cumulative Fees$5.24m
Tron$5.24m
Ethereum$870.33
BSC$0
Revenue 30d$193,198
Revenue 30d by chain
Tron$193,097
Ethereum$101
BSC$0
Revenue 7d$45,053
Tron$45,053
BSC$0
Ethereum$0
Revenue 24h$6,421
Tron$6,421
BSC$0
Ethereum$0
Cumulative Revenue$5.24m
Tron$5.24m
Ethereum$870.33
BSC$0
Protocol Information
Decentralized USD (USDD) is a fully decentralized stablecoin pegged to the US dollar through crypto reserves
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Stability fees, PSM fees, and liquidation penalties. Smart Allocator yield is excluded because the public API is a current snapshot, not date-based historical data.View code on GitHubRevenue: All counted fees accrue to protocol surplus in Vow.View code on GitHubCompetitors
USDD history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 13, 2025 to Oct 16, 2026.
All-time high TVL: $1.497b on May 20, 2026. All-time low TVL: $70.14m on Jun 24, 2025.
Daily TVL, Sep 17, 2026 to Oct 16, 2026
| Date | TVL |
|---|---|
| Sep 17, 2026 | $1.252b |
| Sep 18, 2026 | $1.256b |
| Sep 19, 2026 | $1.264b |
| Sep 20, 2026 | $1.282b |
| Sep 21, 2026 | $1.279b |
| Sep 22, 2026 | $1.272b |
| Sep 23, 2026 | $1.274b |
| Sep 24, 2026 | $1.266b |
| Sep 25, 2026 | $1.283b |
| Sep 26, 2026 | $1.288b |
| Sep 27, 2026 | $1.278b |
| Sep 28, 2026 | $1.28b |
| Sep 29, 2026 | $1.27b |
| Sep 30, 2026 | $1.256b |
| Oct 1, 2026 | $1.263b |
| Oct 2, 2026 | $1.25b |
| Oct 3, 2026 | $1.248b |
| Oct 4, 2026 | $1.253b |
| Oct 5, 2026 | $1.279b |
| Oct 6, 2026 | $1.307b |
| Oct 7, 2026 | $1.301b |
| Oct 8, 2026 | $1.292b |
| Oct 9, 2026 | $1.316b |
| Oct 10, 2026 | $1.347b |
| Oct 11, 2026 | $1.329b |
| Oct 12, 2026 | $1.227b |
| Oct 13, 2026 | $1.216b |
| Oct 14, 2026 | $1.221b |
| Oct 15, 2026 | $1.216b |
| Oct 16, 2026 | $1.234b |
TVL at each month end, Mar 2025 to Oct 2026
| Date | TVL |
|---|---|
| Mar 31, 2025 | $278.07m |
| Apr 30, 2025 | $356.07m |
| May 31, 2025 | $425.54m |
| Jun 30, 2025 | $203.62m |
| Jul 31, 2025 | $198.22m |
| Aug 31, 2025 | $96.19m |
| Sep 30, 2025 | $124.68m |
| Oct 31, 2025 | $127.89m |
| Nov 30, 2025 | $291.26m |
| Dec 31, 2025 | $483.42m |
| Jan 31, 2026 | $636.99m |
| Feb 28, 2026 | $686.95m |
| Mar 31, 2026 | $1.088b |
| Apr 30, 2026 | $1.416b |
| May 31, 2026 | $1.388b |
| Jun 30, 2026 | $1.295b |
| Jul 31, 2026 | $1.426b |
| Aug 31, 2026 | $1.29b |
| Sep 30, 2026 | $1.256b |
| Oct 16, 2026 (latest) | $1.234b |
Fees and revenue by UTC calendar month, May 2025 to Oct 2026
| Month | Fees | Revenue |
|---|---|---|
| May 2025 | $102,321 | $102,321 |
| Jun 2025 | $177,146 | $177,146 |
| Jul 2025 | $215,559 | $215,559 |
| Aug 2025 | $217,947 | $217,947 |
| Sep 2025 | $203,176 | $203,176 |
| Oct 2025 | $201,101 | $201,101 |
| Nov 2025 | $182,992 | $182,992 |
| Dec 2025 | $223,949 | $223,949 |
| Jan 2026 | $280,459 | $280,459 |
| Feb 2026 | $276,922 | $276,922 |
| Mar 2026 | $327,567 | $327,567 |
| Apr 2026 | $468,218 | $468,218 |
| May 2026 | $499,837 | $499,837 |
| Jun 2026 | $458,058 | $458,058 |
| Jul 2026 | $528,148 | $528,148 |
| Aug 2026 | $535,681 | $535,681 |
| Sep 2026 | $240,769 | $240,769 |
| Oct 2026 (to date) | $102,905 | $102,905 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/usdd
Frequently asked questions
What is USDD's TVL?
As of Oct 16, 2026, USDD has $1.244b in total value locked. TVL has increased 0.9% over the past 30 days.
What chains does USDD operate on?
USDD operates on 3 chains: Tron, BSC, and Ethereum. Tron holds the largest share at 97.3%.
How much has USDD generated in fees and revenue?
Over the past 30 days, USDD generated $193,198 in fees. Of that, $193,198 was protocol revenue. Based on the trailing year, the annualized rate is $4.22m in fees and $4.22m in revenue.
How does USDD's TVL compare to similar protocols?
Among CDP protocols tracked by DefiLlama, USDD ranks #2 by TVL. The category holds $7.768b across 199 protocols, and USDD accounts for 16% of that total. Other leading protocols include Reservoir Protocol, BIMA CDP, Abracadabra Spell, QiDao, Angle, Davos Protocol, MahaDAO Arth, BitStable Finance, Avalon USDa, and Sky Lending.