| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 2181 |
NECT
Nectar
NECT
| $ 1.00 | + 0.19% | 4 717 560 | 4 717 560 | X-Ray |
Nectar (NECT) is an over-collateralised, Berachain native stablecoin issued through the Beraborrow protocol. At any time NECT can be redeemed against the underlying collateral at face value. To borrow, you must open a Den and deposit an approved Berachain asset as collateral. Beraborrow is a leading Berachain native CDP protocol. Unlike traditional CDP platforms, the Beraborrow protocol is powered by Proof-of-Liquidty (PoL), aligning incentives with borrowers and the Berachain ecosystem.