Logo of Ethena USDtbEthena USDtb(ENA)
Total Value Locked$483.77m

TVL by Chain

Ethereum$483.77m

Protocol Information

USDtb is a digital dollar, otherwise known as a USD stablecoin. USDtb can be used the same way a holder would use any other dollar, whether to send and receive payments, acquire and trade assets, or to simply hold dollars.

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Category:RWA

Sub Category: Treasury Bills

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

BlackRock BUIDL ($3.54b)Tether Gold ($3.079b)Spiko ($2.635b)Circle USYC ($2.603b)Ondo Yield Assets ($2.561b)Paxos Gold ($1.874b)Centrifuge Protocol ($1.505b)WisdomTree ($1.23b)Ondo Global Markets ($941.29m)Anemoy Capital ($724.97m)

Frequently Asked Questions

What is Ethena USDtb's TVL?

Ethena USDtb currently has $483.77m in total value locked. TVL has increased 35.9% over the past 30 days.

What chains does Ethena USDtb operate on?

Ethena USDtb operates on Ethereum. Ethereum holds the largest share at 100%.

How does Ethena USDtb's TVL compare to similar protocols?

Among RWA protocols tracked by DefiLlama, Ethena USDtb ranks #14 by TVL. The category holds $27.782b across 167 protocols, and Ethena USDtb accounts for 1.7% of that total. Other leading protocols include BlackRock BUIDL, Tether Gold, Spiko, Circle USYC, Ondo Yield Assets, Paxos Gold, Centrifuge Protocol, WisdomTree, Ondo Global Markets, and Anemoy Capital.