⌘K

Rings

Total Value Locked$1,962,618

Chain Breakdown
Ethereum	$1.88m
Sonic	$86.7k

USD ETH

Information

Protocol Information

Rings is a meta-stablecoin for USD & ETH offering competitive yield for stakers, providing deep liquidity for Sonic DeFi, and funding Sonic DeFi projects via its lockers.

Category: CDP

Website Twitter

Token Information

Methodology

TVL counts the tokens deposited in the boring vaults.

Check the code

Competitors

MakerDAO ($5.1b)Avalon USDa ($477.93m)Liquity ($419.9m)crvUSD ($141.98m)Inverse Finance FiRM ($103.76m)lisUSD ($551.76m)JustStables ($452.28m)Thorchain Lending ($217.36m)Particle DUO ($116.13m)Overnight USD+ ($91.13m)