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ProtocolsSaturn

Information
TVL
Yields
Fees and Revenue

Saturn

Total Value Locked
$128.18m
Chain Breakdown
Ethereum$128.18m
-$60.86m
$4.15m
$2.8m

Protocol Information

Saturn is a dual-token Bitcoin-backed credit protocol where USDat is a stablecoin backed by tokenized treasuries and sUSDat is a yield-bearing version backed by digital credit exposure.

Category:Stablecoin Wrapper

Methodology

TVL: Count backing assets are locked in contracts to issue USDat stablecoins.

Fees: Fees include sUSDat deposit fees if any, asset yields from sUSDat price appreciation and 10% performance fee on the yield generated by sUSDat

Revenue: Saturn earns sUSDat deposit fees, and 10% performance fee on the yield generated by sUSDat.