Ask about USE
Logo of USEUSE
Total Value Locked$117,761.07

TVL by Chain

Ergo$117,761.07

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 ($362,561.29)Gluon Gold ($2,658.05)

Frequently Asked Questions

What is USE?

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.

What is USE's TVL?

USE currently has $117,761.07 in total value locked. TVL has decreased 0.3% 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 $54.87m across 102 protocols, and USE accounts for 0.2% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.