Balanced Dollar (BALN)

Total Value Locked$6,173,262

Chain Breakdown
Icon	$6.17m

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 ($4.21b)JustStables ($1.53b)Liquity ($329.21m)lisUSD ($186.35m)Thorchain Lending ($165.86m)Particle DUO ($119.58m)crvUSD ($114.51m)Overnight USD+ ($71.42m)sDAI ($63.63m)Thala CDP ($54.64m)