⌘K

Rings

Total Value Locked$13.28m

Chain Breakdown
Ethereum	$11.02m
Sonic	$2.25m

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 ($5.15b)Avalon USDa ($532.81m)Liquity ($424.77m)crvUSD ($167.06m)Inverse Finance FiRM ($97.41m)lisUSD ($541.66m)JustStables ($428.49m)Thorchain Lending ($186.45m)Particle DUO ($116.27m)Overnight USD+ ($90m)