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Information
TVL
Stablecoin Info
Fees and Revenue

Ebisu

Total Value Locked
$376,512
Chain Breakdown
Ethereum$308,084
Plasma$63,558
Mode$4,870
$15,506

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