# Nectar (NECT)

> Nectar (NECT) is an over-collateralised, Berachain native stablecoin issued through the Beraborrow protocol. At any time NECT can be redeemed against the underlying collateral at face value. To borrow, you must open a Den and deposit an approved Berachain asset as collateral.

Beraborrow is a leading Berachain native CDP protocol. Unlike traditional CDP platforms, the Beraborrow protocol is powered by Proof-of-Liquidty (PoL), aligning incentives with borrowers and the Berachain ecosystem.


## Price Data

- **Current Price**: $0.94
- **Market Cap**: $4.44M
- **Fully Diluted Valuation**: $4.44M
- **Circulating Supply**: 4.72M NECT
- **Total Supply**: 4.72M NECT

## Price Changes

- **24h**: -0.01%
- **30d**: -0.06%
- **90d**: -0.06%
- **365d**: -0.06%

## Chain Availability

Available on: berachain

## Resources

- [Website](https://beraborrow.com/)
- [Discord](https://discord.com/invite/beraborrowofficial)
- [Coingecko](https://www.coingecko.com/en/coins/nectar)

## Links

- [View on Zerion](https://app.zerion.io/tokens/NECT-0c639b7d-3181-469f-a826-d4b99fb14b66)
- [Trade on Zerion](https://app.zerion.io/tokens/NECT-0c639b7d-3181-469f-a826-d4b99fb14b66)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset