Logo of Ethena USDtbEthena USDtb(ENA)

Total Value Locked$454.18m

TVL by Chain

Ethereum$454.18m

Key Metrics

Protocol Information

USDtb is a digital dollar, otherwise known as a USD stablecoin. USDtb can be used the same way a holder would use any other dollar, whether to send and receive payments, acquire and trade assets, or to simply hold dollars.

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Category:RWA

Sub Category: Treasury Bills

Methodology

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

Competitors

Invesco USTB ($598.91m)Huma ($406.8m)Re ($400.56m)Anemoy Capital ($333.47m)OpenTrade ($251.16m)Plume Vaults ($232.54m)Theo Network thUSD ($132.19m)Frax USD ($106.86m)Usual USD0 ($84.07m)Sky RWA ($73.85m)

Frequently Asked Questions

What is Ethena USDtb's TVL?

Ethena USDtb currently has $454.18m in total value locked. TVL has decreased 6% over the past 30 days.

What chains does Ethena USDtb operate on?

Ethena USDtb operates on Ethereum. Ethereum holds the largest share at 100%.

How does Ethena USDtb's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, Ethena USDtb ranks #2 by TVL. The category holds $4.701b across 173 protocols, and Ethena USDtb accounts for 9.7% of that total. Other leading protocols include Invesco USTB, Huma, Re, Anemoy Capital, OpenTrade, Plume Vaults, Theo Network thUSD, Frax USD, Usual USD0, and Sky RWA.