Settlement & Liquidity / USDso

USDso

Live

The settlement stablecoin for markets on Somnia, issued and operated by Frax. Reserve yield is routed to the protocols that hold its liquidity.

HoldersProduct pageDocs
Circulating supply3.56MUSDso
Holders16,810Blockscout
Transfers48.88MAll time
In Somnia protocols1.36M38.1% of supply
Where it's used

USDso held by Somnia protocols

Balances of the contracts each product registers, read from the chain.

ContractUseUSDso
0xec6758…0168Lend poolLend reserve, supplied247,636.404218
0xa936da…2bdeWETH/USDsoSpot book, quote side377,863.842557
0x25bff6…a5eaWBTC/USDsoSpot book, quote side336,933.017758
0x035de7…1379SOMI/USDsoSpot book, quote side280,018.093665
0x47fd2f…120bUSDC.e/USDsoSpot book, quote side114,204.658967
0xbf4a49…ed23BinarySettlementEvent market collateral851.59
Token

Contract

Symbol
USDso
Decimals
18
Address
0x000000…008a
Backing
frxUSD
Somnia Lend

USDso reserve

Supplied
247,636.404218
Borrowed
75,565.660894
Utilisation
30.5%
Supply APY
0.37%
Borrow APY
1.37%
Works with

Issuer

  • FraxIssuer and operator of USDso
Yield allocation

Where reserve yield goes

As set by the USDso Yield Allocation Framework.

  • Approved Somnia protocolsProtocols that hold USDso liquidity
    90%
  • Insurance fundFixed by the framework
    10%