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Information
TVL
Stablecoin Info
Fees and Revenue

Ebisu

Total Value Locked
$389,005
Chain Breakdown
Ethereum$319,899
Plasma$63,878
Mode$5,228
$15,653

Protocol Information

Ebisu is a Stablecoin Credit Market. Using a CDP model, users are able to borrow ebUSD against BTC, ETH, and USD pegged assets at competitive, market-set interest rates. ebUSD holders can participate in these credit markets by providing liquidity to Stability Pools and DEXs, earning real yield from borrower interest and liquidation gains.

Methodology

Fees: Total interest, redemption fees paid by borrowers and liquidation profit

Revenue: Share of borrow interest to protocol if any