• Coins 17 046
  • Exchanges 1 272
  • Market Capitalization $3 449 246 364 600
  • 24h Trading Volume $122 993 764 946
  • Dominance BTC 59.73% ETH 9.10%

US Nerite Dollar (usnd) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
2707
USND
US Nerite Dollar logo US Nerite Dollar USND
$ 1.00 -0.06% 1 304 916 1 304 916 X-Ray

US Nerite Dollar (usnd)

USND is a Streamable and Redeemable stablecoin pegged to $1.00 issued by the Nerite protocol, a friendly fork of Liquity on Arbitrum. It allows users to borrow against ETH, wstETH, rETH, tBTC, plus some LRTs and Defi tokens. Borrowers can choose their own interest rates when creating a Collateralized Debt Position (CDP) on Nerite. USND is natively yield bearing when deposited in the Stability Pools (SPs). Yield is earned through borrowing fees (75% of fees paid by borrowers goes to the stability pool USND stablecoin depositors), liquidations, and inflationary incentives.