USDL

USDLemma

USDL
Algorithmic USD-pegged Rank #254

Price

$0.999522

-0.05% off peg

Market Cap

$174.9K

Market Cap

$174.9K

Dominance

0.00%

of market

Price

$0.999522

% Off Peg

-0.05%

24h Supply

0.00%

7d Supply

0.00%

30d Supply

0.00%

Networks

2

chains

Circulating Supply

Total USDL across all chains

$175.1K
$175.1K
Jun 4, 2025
Jun 2, 2026

Chain Distribution

Current supply by network

Arbitrum
$101.7K 58.1%
OP Mainnet
$73.4K 41.9%

About USDLemma

Lemma is a decentralized finance (DeFi) protocol with two products: a leveraged basis trading vault and USDL, a stablecoin that is fully decentralized, 100% capital efficient and USD pegged.

Mint & redeem

Using the Lemma Finance app, users mint USDL by depositing an accepted asset into the protocol where it establishes a market neutral trading position on decentralized exchanges. When the loan is repaid to retrieve the collateral, the paid back USDL is burned.

Data via DefiLlama & CoinGecko. Figures update periodically and may differ slightly from other trackers. Not investment advice.