Ask about USDD · freeTotal Value Locked$1.223b
TVL by Chain
Tron$1.187b
BSC$20.9m
Ethereum$14.63m
Key Metrics
Fees 30d$193,169
Fees 30d by chain
Tron$193,068
Ethereum$101
BSC$0
Fees 7d$45,069
Tron$45,069
BSC$0
Ethereum$0
Fees 24h$6,452
Tron$6,452
BSC$0
Ethereum$0
Cumulative Fees$5.26m
Tron$5.26m
Ethereum$870.33
BSC$0
Revenue 30d$193,169
Revenue 30d by chain
Tron$193,068
Ethereum$101
BSC$0
Revenue 7d$45,069
Tron$45,069
BSC$0
Ethereum$0
Revenue 24h$6,452
Tron$6,452
BSC$0
Ethereum$0
Cumulative Revenue$5.26m
Tron$5.26m
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 19, 2026.
All-time high TVL: $1.497b on May 20, 2026. All-time low TVL: $70.14m on Jun 24, 2025.
Daily TVL, Sep 20, 2026 to Oct 19, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 17, 2026 | $1.252b |
| Oct 18, 2026 | $1.255b |
| Oct 19, 2026 | $1.248b |
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 19, 2026 (latest) | $1.248b |
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) | $122,189 | $122,189 |
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 19, 2026, USDD has $1.223b in total value locked. TVL has decreased 3.2% 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 97.1%.
How much has USDD generated in fees and revenue?
Over the past 30 days, USDD generated $193,169 in fees. Of that, $193,169 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 $7.73b across 198 protocols, and USDD accounts for 15.8% 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.