Balanced Dollar (BALN)

Total Value Locked$8,940,645

Chain Breakdown
Icon	$8.94m

USD ICX

Information

Protocol Information

The Balanced Dollar (bnUSD) is a decentralised, cross-chain stablecoin that tracks the price of 1 USD. It uses cryptocurrency as collateral to guarantee its value, with support for assets from a variety of blockchains. bnUSD is not experimental or algorithmic: it's over-collateralised, so the total supply cannot exceed the value that backs it.

Category: CDP

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Token Information

Address:icon:cxf...90d59a

Methodology

TVL consists of collateral deposits made to the lending program and the stability fund.

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Competitors

MakerDAO ($5.1b)lisUSD ($551.76m)Avalon USDa ($481.26m)JustStables ($452.73m)Liquity ($419.9m)Thorchain Lending ($218.88m)crvUSD ($141.98m)Particle DUO ($116.13m)Inverse Finance FiRM ($103.76m)Overnight USD+ ($91.17m)