Key Metrics
Fees (Annualized)$18.65m
Fees 30d$297,260
Ethereum$297,260
Fees 7d$63,770
Ethereum$63,770
Fees 24h$14,919
Ethereum$14,919
Cumulative Fees$74.71m
Ethereum$74.71m
Revenue (Annualized)$12.09m
Revenue 30d$278,322
Ethereum$278,322
Revenue 7d$59,810
Ethereum$59,810
Revenue 24h$14,351
Ethereum$14,351
Cumulative Revenue$60.22m
Ethereum$60.22m
Holders Revenue (Annualized)$850,668.98
Holders Revenue 30d$11,558.98
Ethereum$11,558.98
Holders Revenue 7d$491.98
Ethereum$491.98
Holders Revenue 24h$65
Ethereum$65
Cumulative Holders Revenue$12.69m
Ethereum$12.69m
Market Cap$14.14m
$USUAL Price$0.0079
$15.02m
$USUAL Volume 24h$1.64m
CEX Volume$1.23m
DEX Volume$593,810.66(36.27% of total)
Staked$7.13m(50.41% 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.
Category:RWA
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 APY10.97%
Hacks
Date: May 27, 2025
Amount: $43,000
Classification: Protocol Logic
Technique: Arbitration Exploit
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Usual USD0?
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.
What is Usual USD0's TVL?
Usual USD0 currently has $94.71m in total value locked. TVL has decreased 0.3% 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 $297,260 in fees. Of that, $278,322 was protocol revenue. Based on the trailing year, the annualized rate is $18.65m in fees and $12.09m in revenue.
What is the USUAL token price and valuation?
USUAL is currently trading at $0.0079. Its circulating market capitalization is $14.11m, ranking it #1,195. Its fully diluted valuation is $14.98m. Supply currently stands at 1.79b circulating, 1.901b total supply, 3b maximum supply.
How has USUAL performed recently?
USUAL is down 4.5% over the past 7 days and down 15.7% over the past 30 days. Its all-time high is $1.61, reached on Dec 20, 2024. The token is currently 99.5% below that level.
How many yield pools does Usual USD0 have?
DefiLlama tracks 7 Usual USD0 yield pools with an average APY of 11%.
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 Protocol Logic.

