Ask about USE · freeProtocol 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.
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
USE history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 25, 2026 to Oct 23, 2026.
All-time high TVL: $184,813 on May 12, 2026. All-time low TVL: $68,857 on Sep 8, 2026.
Daily TVL, Sep 24, 2026 to Oct 23, 2026
| Date | TVL |
|---|---|
| Sep 24, 2026 | $101,772 |
| Sep 25, 2026 | $99,440 |
| Sep 26, 2026 | $98,588 |
| Sep 27, 2026 | $96,065 |
| Sep 28, 2026 | $96,261 |
| Sep 29, 2026 | $94,890 |
| Sep 30, 2026 | $99,026 |
| Oct 1, 2026 | $96,578 |
| Oct 2, 2026 | $94,226 |
| Oct 3, 2026 | $95,488 |
| Oct 4, 2026 | $90,280 |
| Oct 5, 2026 | $94,925 |
| Oct 6, 2026 | $101,642 |
| Oct 7, 2026 | $94,382 |
| Oct 8, 2026 | $86,926 |
| Oct 9, 2026 | $90,961 |
| Oct 10, 2026 | $86,891 |
| Oct 11, 2026 | $95,928 |
| Oct 12, 2026 | $94,962 |
| Oct 13, 2026 | $88,210 |
| Oct 14, 2026 | $91,288 |
| Oct 15, 2026 | $88,325 |
| Oct 16, 2026 | $95,059 |
| Oct 17, 2026 | $90,477 |
| Oct 18, 2026 | $96,095 |
| Oct 19, 2026 | $92,966 |
| Oct 20, 2026 | $93,691 |
| Oct 21, 2026 | $100,711 |
| Oct 22, 2026 | $88,805 |
| Oct 23, 2026 | $94,774 |
TVL at each month end, Mar 2026 to Oct 2026
| Date | TVL |
|---|---|
| Mar 31, 2026 | $134,748 |
| Apr 30, 2026 | $170,305 |
| May 31, 2026 | $155,799 |
| Jun 30, 2026 | $113,719 |
| Jul 31, 2026 | $117,411 |
| Aug 31, 2026 | $142,867 |
| Sep 30, 2026 | $99,026 |
| Oct 23, 2026 (latest) | $94,774 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/use
Frequently asked questions
What is USE's TVL?
As of Oct 23, 2026, USE has $90,184 in total value locked. TVL has decreased 11.1% over the past 30 days.
How does USE's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, USE ranks #9 by TVL. The category holds $45.75m across 97 protocols, and USE accounts for 0.2% of that total. Similar protocols include Sigmausd, Gluon Gold, Frax, Mento V2, Ostable, Basis Cash, Dopple Finance, SPOT Cash, Frax FPI, and Finext Finance.