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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.
USE history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Mar 25, 2026 to Nov 12, 2026.
All-time high TVL: $184,813 on May 12, 2026. All-time low TVL: $50,471 on Nov 12, 2026.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| 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 |
| Oct 24, 2026 | $89,985 |
| Oct 25, 2026 | $85,319 |
| Oct 26, 2026 | $83,666 |
| Oct 27, 2026 | $84,891 |
| Oct 28, 2026 | $88,831 |
| Oct 29, 2026 | $87,286 |
| Oct 30, 2026 | $81,854 |
| Oct 31, 2026 | $82,461 |
| Nov 1, 2026 | $84,299 |
| Nov 2, 2026 | $82,619 |
| Nov 3, 2026 | $83,798 |
| Nov 4, 2026 | $83,977 |
| Nov 5, 2026 | $77,655 |
| Nov 6, 2026 | $78,601 |
| Nov 7, 2026 | $58,551 |
| Nov 8, 2026 | $59,457 |
| Nov 9, 2026 | $61,289 |
| Nov 10, 2026 | $56,355 |
| Nov 11, 2026 | $57,565 |
| Nov 12, 2026 | $50,471 |
TVL at each month end, Mar 2026 to Nov 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 31, 2026 | $82,461 |
| Nov 12, 2026 (latest) | $50,471 |
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 Nov 12, 2026, USE has $49,964 in total value locked. TVL has decreased 43.4% over the past 30 days.
How does USE's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, USE ranks #11 by TVL. The category holds $37.64m across 97 protocols, and USE accounts for 0.1% of that total. Similar protocols include Sigmausd, Gluon Gold, Frax, Mento V2, Ostable, Basis Cash, Dopple Finance, Frax FPI, SPOT Cash, and Finext Finance.