Key Metrics
Fees 30d$307,865
Fees 30d by chain
Ethereum$307,865
Fees 7d$90,953
Ethereum$90,953
Fees 24h$7,357
Ethereum$7,357
Cumulative Fees$75.21m
Ethereum$75.21m
Revenue 30d$299,593
Revenue 30d by chain
Ethereum$299,593
Revenue 7d$89,048
Ethereum$89,048
Revenue 24h$7,082
Ethereum$7,082
Cumulative Revenue$60.71m
Ethereum$60.71m
Holders Revenue 30d$66,416.59
Holders Revenue 30d by chain
Ethereum$66,416.59
Holders Revenue 7d$43,358
Ethereum$43,358
Holders Revenue 24h$453
Ethereum$453
Cumulative Holders Revenue$12.87m
Ethereum$12.87m
Market Cap$22.25m
$USUAL Price$0.011
$22.31m
$USUAL Volume 24h$1.77m
CEX Volume$1.27m
DEX Volume$758,538.92(42.89% of total)
Staked$10.88m(48.88% of mcap)
Total Raised$18.5m
Apr 17, 2024$7mRound: StrategicInvestors: IOSG Ventures, Kraken Ventures, GSR, Mantle Network, Flowdesk, StarkWare, Avid3, Bing Ventures, Breed VC, Hypershere, Kima Ventures, Psalion, Public Works, 0x Ventures, LBank Labs, TRGC, Capsule Corp., Pleb Capital, Kalpha DAO, KaizenDAO, Primony, 0xSalazar, apolynya, HighStakesCap, DCF God, Nicolas Bacca, Sebastien Couture
Nov 6, 2024$1.5mRound: Community RoundInvestors: echoxyz, Comfy Capital, Jed Breed
Dec 23, 2024$10mRound: Series AInvestors: Binance Labs, Kraken Ventures, Galaxy Digital, OKX Ventures, Coinbase Ventures, Wintermute Ventures, Echo, IOSG Ventures, Fasanara Digital Ventures, Symbolic Capital, Amber Group, GSR, Psalion, Hypershere, Avid3, FunFair Ventures, LeadBlock Partners, White Loop Capital, PHAEDRUS, Krypital Group, JPEG Trading, M^0
Protocol Information
The Usual protocol is a decentralized finance framework centered around USD0, a stablecoin designed as a liquid deposit token. It embodies the principle of redistributing value generated by users through a revenue-based token, USUAL. This approach enables users to access yields while simultaneously gaining exposure to the protocol’s growth and long-term success.
Sub Category: Treasury Bills
Audits:
Methodology
TVL: TVL represents the value held by the protocolView code on GitHubFees: Yields from underlying assets,usual stability loan interests, total USD0 redemption fees and USD0++ early unstake fees.View code on GitHubRevenue: Total fees collected by protocol, distributed to USUAL token stakers, buyback and burn.View code on GitHubHolders Revenue: Total fees are distributed to token holders, token burnsView code on GitHubYields
Pools Tracked6
Average Supply APY10.02%
Hacks
Date: May 27, 2025
Amount: $43,000
Classification: Input Validation
Technique: Missing Input Validation
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
Frequently Asked Questions
What is Usual USD0's TVL?
Usual USD0 currently has $89.28m in total value locked. TVL has decreased 3.7% over the past 30 days.
What chains does Usual USD0 operate on?
Usual USD0 operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Usual USD0 generated in fees and revenue?
Over the past 30 days, Usual USD0 generated $307,865 in fees. Of that, $299,593 was protocol revenue. Based on the trailing year, the annualized rate is $15.28m in fees and $10.53m in revenue.
What is the USUAL token price and valuation?
USUAL is currently trading at $0.012. Its circulating market capitalization is $22.42m, ranking it #1,001. Its fully diluted valuation is $22.48m. Supply currently stands at 1.936b circulating, 1.941b total supply, 3b maximum supply.
How has USUAL performed recently?
USUAL is up 0.1% over the past 7 days and up 32% over the past 30 days. Its all-time high is $1.61, reached on Dec 19, 2024. The token is currently 99.3% below that level.
How does Usual USD0's TVL compare to similar protocols?
Among RWA protocols tracked by DefiLlama, Usual USD0 ranks #34 by TVL. The category holds $27.787b across 167 protocols, and Usual USD0 accounts for 0.3% 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.
How many yield pools does Usual USD0 have?
DefiLlama tracks 6 Usual USD0 yield pools with an average APY of 10%.
Has Usual USD0 ever been exploited?
Usual USD0 has 1 recorded security incident. The most recent incident occurred on May 27, 2025 and involved $43,000. It was classified as Input Validation.