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ParyonUSD

Total Value Locked$760,226

TVL by Chain

Bitcoincash$760,226

Protocol Information

ParyonUSD is a decentralized BCH-collateralized stablecoin protocol on Bitcoin Cash. Users borrow PUSD against BCH collateral, with delegated interest management, a stability pool for liquidations, and native staking on collected interest.

Category:CDP

Audits:

Methodology

TVL: Sum BCH collateral across all active loan UTXOs at the ParyonUSD mainnet-v1 loan contract (UTXOs marked by a mutable-capability NFT with the paryonUSD tokenID category), via the Electrum protocol.View code on GitHub

Competitors

Frequently Asked Questions

What is ParyonUSD's TVL?

ParyonUSD currently has $760,226 in total value locked. TVL has increased 11.3% over the past 30 days.

What chains does ParyonUSD operate on?

ParyonUSD operates on Bitcoincash. Bitcoincash holds the largest share at 100%.

How does ParyonUSD's TVL compare to similar protocols?

Among CDP protocols tracked by DefiLlama, ParyonUSD ranks #42 by TVL. The category holds $8.231b across 198 protocols, and ParyonUSD accounts for <0.1% of that total. Other leading protocols include Sky Lending, USDD, Liquity V1, crvUSD, Liquity V2, Lista CDP, Reservoir Protocol, Frankencoin, Inverse Finance FiRM, and Felix CDP.