# US Nerite Dollar (USND)

> 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.

## Price Data

- **Current Price**: $1.01
- **Market Cap**: $105.32K
- **Fully Diluted Valuation**: $105.32K
- **Circulating Supply**: 104,680.047 USND
- **Total Supply**: 104,680.047 USND

## Price Changes

- **24h**: +0.00%
- **30d**: +0.01%
- **90d**: -0.01%
- **365d**: N/A

## Chain Availability

Available on: arbitrum

## Resources

- [Website](https://www.nerite.org/)
- [Coingecko](https://www.coingecko.com/en/coins/us-nerite-dollar)
- [Dex.guru](https://dex.guru/token/arbitrum/0x4ecf61a6c2fab8a047ceb3b3b263b401763e9d49)

## Links

- [View on Zerion](https://app.zerion.io/tokens/USND-0eaa4bda-9558-47a3-a293-125fe358a49b)
- [Trade on Zerion](https://app.zerion.io/tokens/USND-0eaa4bda-9558-47a3-a293-125fe358a49b)

## 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
