Rings

Total Value Locked$43.9m

Chain Breakdown
Ethereum	$38.89m
Sonic	$5.01m

Include in TVL (optional)
Staking	$29.87m

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

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Token Information

Methodology

TVL counts the tokens deposited in the boring vaults.

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Competitors

MakerDAO ($3.77b)Avalon USDa ($525.55m)Liquity V1 ($315.87m)crvUSD ($130.68m)fx Protocol ($75.69m)Beraborrow ($424.93m)lisUSD ($363.96m)Thorchain Lending ($153.56m)sDAI ($86.2m)Inverse Finance FiRM ($75.41m)