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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.
Trading Insights
Market Stats
Market Cap
£39.5K
FDV
£48.15K
Circ. Supply
82M NERI
Max Supply
100M NERI
Total Supply
100M NERI
Diluted Valuation
£48.15K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£0.4999
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.0004815
Price Change (1Y)
Not enough data
65.54%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.0004816 per NERI with a 24-hour trading volume of £0.50. The new price represents a new all time high of £0.0004816. This all-time high is the highest price paid for Nerite since its launch.
The current circulating supply of Nerite is 82,022,734.758 NERI which means that Nerite has as total market cap of £39,496.80.
Market details
NERI vs markets
↘ 48.28%
NERI vs BTC
↘ 40.08%
NERI vs ETH
↘ 45.3%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0xcEC3ba7029d54d005275d3510960Cfe433811C59 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0004816 | |
1 Day | £0.0004801 | |
1 Week | £0.0004774 | |
1 Month | £0.0007325 | |
1 Year | £0.00 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Nerite calculator
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. 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. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
