Ask about Poseidollar

Logo of PoseidollarPoseidollar

Total Value Locked$6.30

TVL by Chain

Sui$6.30

Protocol Information

Poseidollar - the first algorithmic stablecoin pegged to $USDC running on the Sui Network.

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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

Frax ($39.8m)Mento V2 ($12.69m)Sigmausd ($476,652)Ostable ($313,425)Basis Cash ($205,644)SPOT Cash ($173,436)Dopple Finance ($163,171)Frax FPI ($94,357)USE ($89,504)StonkPress ($63,590)

Frequently Asked Questions

What is Poseidollar's TVL?

Poseidollar currently has $6.30 in total value locked. TVL has increased 57.6% over the past 30 days.

What chains does Poseidollar operate on?

Poseidollar operates on Sui. Sui holds the largest share at 100%.

How does Poseidollar's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Poseidollar ranks #41 by TVL. The category holds $54.4m across 99 protocols, and Poseidollar accounts for <0.1% of that total. Other leading protocols include Frax, Mento V2, Sigmausd, Ostable, Basis Cash, SPOT Cash, Dopple Finance, Frax FPI, USE, and StonkPress.