Ask about USE
Logo of USEUSE
Total Value Locked$73,028.83

TVL by Chain

Ergo$73,028.83

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.

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Category:Algo-Stables

Methodology

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

Competitors

Sigmausd ($414,667.76)Gluon Gold ($3,177.83)Frax ($37.65m)Mento V2 ($12.19m)Ostable ($322,510.36)SPOT Cash ($214,352.12)Basis Cash ($205,689.63)Dopple Finance ($163,493.28)Frax FPI ($94,352.58)Finext Finance ($61,226.1)

Frequently Asked Questions

What is USE's TVL?

USE currently has $73,028.83 in total value locked. TVL has decreased 38% 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 #9 by TVL. The category holds $51.66m across 102 protocols, and USE accounts for 0.1% 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.