Balanced Dollar (BALN)

Total Value Locked$7,421,153

Chain Breakdown
Icon	$7.42m

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:cxf61cd5...90d59a

Methodology

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

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Competitors

MakerDAO ($4.95b)JustStables ($1.99b)Avalon USDa ($417.59m)Liquity ($417.35m)Thorchain Lending ($227.81m)lisUSD ($217.28m)Overnight USD+ ($166.32m)crvUSD ($134.51m)Particle DUO ($104.39m)sDAI ($69.06m)