USDD

CDPsRank #14 in DeFi by value lockedOfficial website Updated 23 Oct, 19:41 UTC

$1.25B +2.7%24hValue locked

Value locked
$1.25B
7 days
+0.6%
30 days
−0.6%
Fees per day
$6.43K7-day average
Fees / value locked
0.2%annualised
Chains
3

About USDD

Decentralized USD (USDD) is a fully decentralized stablecoin pegged to the US dollar through crypto reserves.

As of 23 Oct 2026, USDD holds $1.25B in value locked across 3 chains, which ranks it #14 in DeFi by value locked. 96% of that sits on Tron, its largest deployment. Among CDPs it ranks #2 of 29 with 16.1% of the sector, between Sky Lending ($5.66B) and Liquity V1 ($171.6M). Its value locked is up 0.6% over seven days and down 0.6% over 30 days. Users paid an average of $6.43K a day in fees over the last seven days; a year at that pace would equal 0.2% of its value locked, against a sector median of 1.9%.

USDD value locked, daily, 25 Jul 2026 to 23 Oct 2026

Value locked by chain

Largest CDPs

Full sector
#ProtocolChainsValue locked7dFees/day
1Sky LendingEthereum$5.66B+0.3%$952.0K
2USDDTron, BNB Chain +1$1.25B+0.6%$6.43K
3Liquity V1Ethereum$171.6M−1.4%$58
4crvUSDEthereum$138.9M+2.8%$6.45K
5Liquity V2Ethereum$95.45M−0.1%$6.45K
6Lista CDPBNB Chain$76.68M−6.1%$16.60K
7Reservoir ProtocolMonad, Pharos +5$68.85M−1.1%$17.92K
8FrankencoinEthereum$60.02M−1.0%$3.00K

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