About US Nerite Dollar

USND is a Streamable and Redeemable stablecoin pegged to $1.00 issued by the Nerite protocol, a friendly fork of Liquity on Arbitrum. It allows users to borrow against ETH, wstETH, rETH, tBTC, plus some LRTs and Defi tokens. Borrowers can choose their own interest rates when creating a Collateralized Debt Position (CDP) on Nerite. USND is natively yield bearing when deposited in the Stability Pools (SPs). Yield is earned through borrowing fees (75% of fees paid by borrowers goes to the stability pool USND stablecoin depositors), liquidations, and inflationary incentives.

How to buy USND

Connect your wallet to Rubicon and swap ETH for USND on Arbitrum. Rubicon aggregates liquidity from on-chain order books and automated market makers to find the best price for your USND trade.

Token Details

Name

US Nerite Dollar

Symbol

USND

Network

Arbitrum

Decimals

18

Contract

0x4ecf61a6c2fab8a047ceb3b3b263b401763e9d49