US Nerite Dollar USND
Rank #2716$0.9989
+0.05%
CoinGecko · just now
24h
+0.05%
7d
+0.23%
30d
-0.10%
1y
+0.00%
US Nerite Dollar Statistics
- Market Cap
- $1.27M
- 24h Volume
- $206
- 24h High
- $1.00
- 24h Low
- $0.9863
- Circulating Supply
- 1,273,124.105 USND
- Max Supply
- Unlimited
- All-Time High
- $1.61
- All-Time Low
- $0.9311
About US Nerite Dollar
USND is a Streamable and Redeemable stablecoin pegged to $1.00 issued by the Nerite protocol, a friendly fork of Liquity on Arbitrum. It allows users to borrow against ETH, wstETH, rETH, tBTC, plus some LRTs and Defi tokens. Borrowers can choose their own interest rates when creating a Collateralized Debt Position (CDP) on Nerite. USND is natively yield bearing when deposited in the Stability Pools (SPs). Yield is earned through borrowing fees (75% of fees paid by borrowers goes to the stability pool USND stablecoin depositors), liquidations, and inflationary incentives.
Frequently Asked Questions about US Nerite Dollar
What is US Nerite Dollar (USND)?
US Nerite Dollar (USND) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $1.27M, making it one of the notable digital assets in the crypto market.
What is the current price of US Nerite Dollar?
The current price of US Nerite Dollar (USND) is $0.9989. Prices update in real-time based on market activity across major cryptocurrency exchanges.
Where can I buy US Nerite Dollar?
You can buy US Nerite Dollar (USND) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Is US Nerite Dollar a good investment?
Whether US Nerite Dollar is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
