About Nerite
Nerite is a decentralized stablecoin protocol deployed on Arbitrum that issues USDN, an overcollateralized USD-pegged stablecoin. It is a governance-minimized, friendly fork of Liquity V2 with an exclusive code license. Users open collateralized debt positions (Troves) by depositing assets such as WETH, wstETH, rETH, weETH, rsETH, ARB, COMP, or tBTC, and borrow USDN at an interest rate they choose and can adjust at any time. USDN is always redeemable 1:1 for $1.00 worth of underlying collateral. The protocol also features Stability Pools where USDN holders earn sustainable yield from borrower interest, liquidations, and incentives.
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Trading Insights
Market Stats
Market Cap
Not enough data
FDV
CA$170.26K
Circ. Supply
Not enough data
Max Supply
100M NERI
Total Supply
100M NERI
Diluted Valuation
CA$170.26K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
CA$14.19
97.8%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
CA$0.001717
Price Change (1Y)
Not enough data
34.45%
Additional details
Market details
NERI vs markets
↘ 27.25%
NERI vs BTC
↘ 30.19%
NERI vs ETH
↘ 52.8%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0xcEC3ba7029d54d005275d3510960Cfe433811C59 |
Price history
Time | Price | Change |
|---|---|---|
Today | CA$0.001703 | |
1 Day | CA$0.001601 | |
1 Week | CA$0.00 | |
1 Month | CA$0.00 | |
1 Year | CA$0.00 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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