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ProtocolsRings

INCLUDE IN TVL:

Rings

Total Value Locked
$58.96m  .csv
Chain Breakdown
Ethereum$56.46m
Sonic$2.51m
Include in TVL (optional)
$3.84m
Staked
$3.84m
USDETH

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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Methodology

TVL: TVL counts the tokens deposited in the boring vaults.

TVL code

Competitors

MakerDAO ($3.765b)Avalon USDa ($523.82m)Liquity V1 ($323.1m)crvUSD ($131.93m)fx Protocol ($78.17m)lisUSD ($423.93m)Beraborrow ($381.21m)Thorchain Lending ($153.84m)sDAI ($82.64m)Inverse Finance FiRM ($73.57m)