Logo of USEUSE
Total Value Locked$156,348.6

TVL by Chain

Ergo$156,348.6

Protocol Information

USE is a 3rd generation, scalable algorithmic stablecoin based on an algorithmic central bank design. The algorithmic central bank is deployed on the Ergo blockchain.

Category:Algo-Stables
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Methodology

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

Competitors

Sigmausd ($457,215.05)Gluon Gold ($3,448.91)Frax ($46.34m)Mento V2 ($11.91m)Ostable ($352,098.32)SPOT Cash ($224,943.51)Basis Cash ($205,730.18)Dopple Finance ($163,146.26)Frax FPI ($94,408.67)Finext Finance ($61,126.4)

Frequently Asked Questions

What is USE's TVL?

USE currently has $156,348.6 in total value locked. TVL has increased 27.7% over the past 30 days.

What chains does USE operate on?

USE operates on Ergo. Ergo holds the largest share at 100%.

How does USE's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, USE ranks #8 by TVL. The category holds $60.25m across 102 protocols, and USE accounts for 0.3% of that total. Other leading protocols include Sigmausd, Gluon Gold, Frax, Mento V2, Ostable, SPOT Cash, Basis Cash, Dopple Finance, Frax FPI, and Finext Finance.