About Relend USDC
Solving liquidity fragmentation of L2s with fractional reserve banking. Relend Network allows for lending and borrowing akin to fractional reserve banking. Lenders are able to supply assets which act as reserves for a 10x increase in the lending supply. Borrowers benefit from earning a return on their collateral provided as well as accruing yield on their borrowed funds. We implement the money multiplier effect to grow economic activity across different L2 ecosystems. The Relend USDC vault serves as a pre-deposit vault for Relend Network. Users who supply USDC will collect RELEND units and have the option to access Relend Network once live. Collateral markets are selected for competitive yield and long term partner alignment. Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
Market Stats
Market Cap
$63.66K
0.02%
FDV
Not enough data
Circ. Supply
3.6M REUSDC
Max Supply
Not enough data
Total Supply
3.6M REUSDC
Diluted Valuation
$63.66K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$139.40
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0175
Price Change (1Y)
Not enough data
98.33%
Additional details
Market details
REUSDC vs markets
↘ 98.02%
REUSDC vs BTC
↘ 97.91%
REUSDC vs ETH
↘ 98.15%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x0F359FD18BDa75e9c49bC027E7da59a4b01BF32a |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0175 | |
1 Day | $0.0175 | |
1 Week | $0.0175 | |
1 Month | $0.0175 | |
1 Year | $1.04 |
FAQ
Social stats
Popularity in posts
#5853
Contributors
1
Posts
1
% About Relend USDC
0%
Articles
0
X (Twitter)
100% bullish
Sentiment
0.0 ★
Highlights
1 unique individuals are talking about Relend USDC and it is ranked #5,853 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Relend USDC has an average sentiment score of 0.0 out of 5. Finally, Relend USDC is becoming less newsworthy, with 0 news articles published about Relend USDC.
On Twitter, people are mostly bullish about Relend USDC. There were 100% of tweets with bullish sentiment compared to 0% of tweets with a bearish sentiment about Relend USDC. 0% of tweets were neutral about Relend USDC. These sentiments are based on 1 tweets.
On Reddit, Relend USDC was mentioned in 0 Reddit posts and there were 0 comments about Relend USDC. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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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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