Nerite USND
USNDCrypto-backed USD-pegged Rank #271
Price
$0.999516
-0.05% off peg
Market Cap
$89.9K
Market Cap
$89.9K
Dominance
0.00%
of market
Price
$0.999516
% Off Peg
-0.05%
24h Supply
-1.42%
7d Supply
-4.86%
30d Supply
-14.15%
Networks
1
chains
Circulating Supply
Total USND across all chains
$2.71M
$90.0K
Jul 15, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Arbitrum
$90.0K 100.0%
About Nerite USND
USND is an over-collateralized, governance-minimized stablecoin native to Arbitrum and fully backed by crypto collateral. USND also supports token streaming via Superfluid to enable real-time yield distribution.
Mint & redeem
Users open vaults (“troves”) and deposit accepted collateral to mint USND up to their chosen collateral ratio. To unlock collateral, borrowers repay and burn USND, or anyone can redeem USND directly for $1 of the lowest-rate collateral, ensuring the peg.
Links & references
Official website View on DefiLlama View on CoinGecko Twitter / X DefiLlama wiki
Contract arbitr…9D49