⌘K

Rings

Total Value Locked

Chain Breakdown
Ethereum	$508,409
Sonic	$0.1

USD ETH

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

Website Twitter

Development Activity

(updated at 20/12/24)

Weekly commits: 7
Monthly commits: 12
Weekly developers: 2
Monthly developers: 2

Last commit: 2 days ago (2024-12-20)

Methodology

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

TVL code

Competitors

MakerDAO ($4.979b)Avalon USDa ($479.1m)Liquity ($414.12m)crvUSD ($140.21m)Inverse Finance FiRM ($97.29m)lisUSD ($556.32m)JustStables ($423.37m)Thorchain Lending ($216.77m)Particle DUO ($112.73m)Overnight USD+ ($96.29m)