Key Metrics
Fees (Annualized)$17.05m
Fees 30d$410,316
Ethereum$410,316
Fees 7d$65,478
Ethereum$65,478
Fees 24h$13,904
Ethereum$13,904
Cumulative Fees$75.04m
Ethereum$75.04m
Revenue (Annualized)$11.45m
Revenue 30d$397,016
Ethereum$397,016
Revenue 7d$63,541
Ethereum$63,541
Revenue 24h$13,625
Ethereum$13,625
Cumulative Revenue$60.53m
Ethereum$60.53m
Holders Revenue (Annualized)$840,837.57
Holders Revenue 30d$144,796.57
Ethereum$144,796.57
Holders Revenue 7d$6,420.59
Ethereum$6,420.59
Holders Revenue 24h$26
Ethereum$26
Cumulative Holders Revenue$12.83m
Ethereum$12.83m
Market Cap$22.48m
$USUAL Price$0.012
$22.58m
$USUAL Volume 24h$3.94m
CEX Volume$2.93m
DEX Volume$1.21m(30.81% of total)
Staked$11.08m(49.26% of mcap)
$USUAL Liquidity$333,219
Uniswap V3$333,219
Total Raised$18.5m
Apr 17, 2024$7mRound: Strategic Investors: IOSG Ventures, Kraken Ventures, GSR, Mantle Network, Flowdesk, StarkWare, Avid3, Bing Ventures, Breed VC, Hypershere, Kima Ventures, Psalion, Public Works, 0x Ventures, LBank Labs, TRGC, Capsule Corp., Pleb Capital, Kalpha DAO, KaizenDAO, Primony, 0xSalazar, apolynya, HighStakesCap, DCF God, Nicolas Bacca, Sebastien Couture
Nov 6, 2024$1.5mRound: Community RoundInvestors: echoxyz, Comfy Capital, Jed Breed
Dec 23, 2024$10mRound: Series AInvestors: Binance Labs, Kraken Ventures, Galaxy Digital, OKX Ventures, Coinbase Ventures, Wintermute Ventures, Echo, IOSG Ventures, Fasanara Digital Ventures, Symbolic Capital, Amber Group, GSR, Psalion, Hypershere, Avid3, FunFair Ventures, LeadBlock Partners, White Loop Capital, PHAEDRUS, Krypital Group, JPEG Trading, M^0
Protocol Information
The Usual protocol is a decentralized finance framework centered around USD0, a stablecoin designed as a liquid deposit token. It embodies the principle of redistributing value generated by users through a revenue-based token, USUAL. This approach enables users to access yields while simultaneously gaining exposure to the protocol’s growth and long-term success.
Sub Category: Treasury Bills
Audits:
Methodology
TVL: TVL represents the value held by the protocolView code on GitHubFees: Yields from underlying assets,usual stability loan interests, total USD0 redemption fees and USD0++ early unstake fees.View code on GitHubRevenue: Total fees collected by protocol, distributed to USUAL token stakers, buyback and burn.View code on GitHubHolders Revenue: Total fees are distributed to token holders, token burnsView code on GitHubYields
Pools Tracked7
Average Supply APY9.45%
Hacks
Date: May 27, 2025
Amount: $43,000
Classification: Input Validation
Technique: Missing Input Validation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Usual USD0's TVL?
Usual USD0 currently has $92.18m in total value locked. TVL has decreased 2.6% over the past 30 days.
What chains does Usual USD0 operate on?
Usual USD0 operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Usual USD0 generated in fees and revenue?
Over the past 30 days, Usual USD0 generated $410,316 in fees. Of that, $397,016 was protocol revenue. Based on the trailing year, the annualized rate is $17.05m in fees and $11.45m in revenue.
What is the USUAL token price and valuation?
USUAL is currently trading at $0.012. Its circulating market capitalization is $22.64m, ranking it #978. Its fully diluted valuation is $22.73m. Supply currently stands at 1.903b circulating, 1.911b total supply, 3b maximum supply.
How has USUAL performed recently?
USUAL is up 34.2% over the past 7 days and up 35.9% over the past 30 days. Its all-time high is $1.61, reached on Dec 19, 2024. The token is currently 99.3% below that level.
How does Usual USD0's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Usual USD0 ranks #32 by TVL. The category holds $27.443b across 146 protocols, and Usual USD0 accounts for 0.3% of that total. Other leading protocols include BlackRock BUIDL, Tether Gold, Circle USYC, Ondo Yield Assets, Spiko, Paxos Gold, Centrifuge Protocol, Ondo Global Markets, Anemoy Capital, and WisdomTree.
How many yield pools does Usual USD0 have?
DefiLlama tracks 7 Usual USD0 yield pools with an average APY of 9.5%.
Has Usual USD0 ever been exploited?
Usual USD0 has 1 recorded security incident. The most recent incident occurred on May 27, 2025 and involved $43,000. It was classified as Input Validation.

