Nerite (NERI)

Total Value Locked

$335,059

Chain Breakdown
Arbitrum	$335,059

	$21,606

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: 9 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 ($84.22m)Overnight Finance ($10.67m)Abracadabra Spell ($9.75m)Angle ($3.96m)QiDao ($3.23m)Sky Lending ($5.267b)USDD ($1.295b)Avalon USDa ($407.82m)Lista CDP ($390.75m)Liquity V1 ($175.68m)