Sperax USD
This protocol has some TVL that's classified as staking, enable the toggles to see it
Sperax USD
$SPADescription
SperaxUSD (USDs) is a stablecoin and yield-automator on Arbitrum. USDs is 100% backed by collateral that is sent to DeFi strategies to produce a yield. This yield is then distributed to holders in a gasless manner, making compound interest easy.
Total Value Locked
$3,827,291
| Ethereum: | $0 |
|---|---|
| Arbitrum: | $862.56k |
| staking: | $5.57m |
Charts
- Flows
Methodology
Counts all collateral locked to mint USDs.This collateral is either sent to DeFi strategies to produce an organic yield, or is stored in the VaultCore contract of the USDs protocol. Some TVL is classified as staking. This component of TVL consists of all SPA staked in Sperax’s veSPA protocol.
Protocol Information
Token Information