Logo of PoseidollarPoseidollar
Total Value Locked$4.5

TVL by Chain

Sui$4.5

Protocol Information

Poseidollar - the first algorithmic stablecoin pegged to $USDC running on the Sui Network.

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Category:Algo-Stables

Methodology

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

Competitors

Frax ($39.34m)Mento V2 ($11.95m)Sigmausd ($415,707.33)Ostable ($323,325.77)SPOT Cash ($223,133.74)Basis Cash ($205,681.89)Dopple Finance ($163,717.9)Frax FPI ($94,408.22)USE ($73,107.66)Finext Finance ($61,237.2)

Frequently Asked Questions

What is Poseidollar's TVL?

Poseidollar currently has $4.5 in total value locked. TVL has increased 12.4% over the past 30 days.

What chains does Poseidollar operate on?

Poseidollar operates on Sui. Sui holds the largest share at 100%.

How does Poseidollar's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Poseidollar ranks #42 by TVL. The category holds $53.1m across 102 protocols, and Poseidollar accounts for <0.1% of that total. Other leading protocols include Frax, Mento V2, Sigmausd, Ostable, SPOT Cash, Basis Cash, Dopple Finance, Frax FPI, USE, and Finext Finance.