Nerite (NERI)

Total Value Locked

$2.41m

Chain Breakdown
Arbitrum	$2.41m

	$28,963

TVLFeesRevenueUSD InflowsTweetsDevelopersDeveloper Commits

USD ETH

Protocol Information

USND is an over-collateralized, governance-minimized stablecoin native to Arbitrum and fully backed by crypto collateral. USND also supports token streaming via Superfluid to enable real-time yield distribution.

Category:CDP

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Development Activity

(updated at 15/07/25)

Weekly commits: 5
Monthly commits: 5
Weekly developers: 1
Monthly developers: 1

Last commit: 7 months ago (2025-07-15)

Methodology

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

Revenue: Share of borrow interest to protocol if any

TVL code Fees and Revenue code

Competitors

Reservoir Protocol ($65.57m)Overnight Finance ($18.48m)Angle ($12.61m)Abracadabra Spell ($10.87m)QiDao ($3.63m)Sky Lending ($5.287b)USDD ($558.23m)Lista CDP ($403.66m)Avalon USDa ($366.33m)Liquity V1 ($149.92m)