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ProtocolsRings

Rings

Total Value Locked
$13.28m  .csv
Chain Breakdown
Ethereum$11.02m
Sonic$2.25m
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 ($4.909b)Avalon USDa ($520.35m)Liquity ($410.26m)crvUSD ($163.58m)Inverse Finance FiRM ($94.75m)lisUSD ($530.42m)JustStables ($416.6m)Thorchain Lending ($182.54m)Particle DUO ($109.78m)Overnight USD+ ($90m)