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
Holders16,806Blockscout
Transfers48.84MAll time
In Somnia protocols1.32M37.2% 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, supplied247,636.122611
0xa936da…2bdeWETH/USDsoSpot book, quote side377,861.153631
0x25bff6…a5eaWBTC/USDsoSpot book, quote side336,926.235082
0x035de7…1379SOMI/USDsoSpot book, quote side247,078.469605
0x47fd2f…120bUSDC.e/USDsoSpot book, quote side113,331.978847
0xbf4a49…ed23BinarySettlementEvent market collateral2,154.221
Token

Contract

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

USDso reserve

Supplied
247,636.122611
Borrowed
75,565.347972
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%