Ask about USE
Logo of USEUSE
Total Value Locked$76,182.46

TVL by Chain

Ergo$76,182.46

Protocol Information

USE is a 3rd generation, scalable algorithmic stablecoin based on an algorithmic central bank design. The algorithmic central bank is deployed on the Ergo blockchain.

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Category:Algo-Stables

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

Sigmausd ($430,927.52)Gluon Gold ($3,390.95)Frax ($36.41m)Mento V2 ($12.3m)Ostable ($321,017.2)Basis Cash ($205,697.97)SPOT Cash ($179,742.68)Dopple Finance ($163,670.02)Frax FPI ($94,404.1)Finext Finance ($61,194.23)

Frequently Asked Questions

What is USE's TVL?

USE currently has $76,182.46 in total value locked. TVL has decreased 33.3% over the past 30 days.

What chains does USE operate on?

USE operates on Ergo. Ergo holds the largest share at 100%.

How does USE's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, USE ranks #9 by TVL. The category holds $50.52m across 102 protocols, and USE accounts for 0.2% of that total. Other leading protocols include Sigmausd, Gluon Gold, Frax, Mento V2, Ostable, Basis Cash, SPOT Cash, Dopple Finance, Frax FPI, and Finext Finance.