Ask about USE

Logo of USEUSE

Total Value Locked$89,504

TVL by Chain

Ergo$89,504

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 ($505,281)Gluon Gold ($3,964)Frax ($39.83m)Mento V2 ($12.78m)Ostable ($320,944)Basis Cash ($205,638)SPOT Cash ($195,040)Dopple Finance ($163,134)Frax FPI ($94,408)StonkPress ($63,590)

Frequently Asked Questions

What is USE's TVL?

USE currently has $89,504 in total value locked. TVL has increased 22% 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 $54.58m across 99 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 StonkPress.