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.
Where is US Nerite Dollar available for purchase?
You can exchange USND tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading US Nerite Dollar is Camelot, notably the USND/WETH pair, which saw a trading volume of $ 37.07 in the past day. Additionally, Balancer V3 (Arbitrum) is popular alternative for trading tokens.
What is the highest value US Nerite Dollar (USND) has ever reached?
US Nerite Dollar (USND) reached its peak price at 1.4 $ on 28 September 2025, approximately 2 days ago ago. Presently, the current price is -28.07% lower than this all-time high.
What is the historical minimum price for US Nerite Dollar (USND)?
The minimum price reached for US Nerite Dollar (USND) was 0.9382 $, documented on 22 August 2025, more than a month ago. In comparison, the current price is 7.32%, it above this historical low.
What is the fully diluted valuation of US Nerite Dollar (USND)?
The fully diluted valuation (FDV) of US Nerite Dollar (USND) stands at $ 2,46 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of USND tokens. The realization of this FDV might take several years depending on the emission schedule of USND tokens.