The TVL of sUSDD on Morpho surpasses $47 million
ChainCatcher News, according to official data, the decentralized stablecoin USDD yield-bearing token sUSDD has achieved rapid growth on the decentralized lending protocol Morpho, with its TVL surpassing 47 million USD.
It is reported that within just one month of launch, the sUSDD/USDT market TVL has exceeded 40 million USD, and has become the second largest USDT lending market in the yield-bearing stablecoin sector, second only to sUSDS.
In addition, sUSDD has been integrated into Gauntlet Vaults, with lending demand continuing to rise and liquidity steadily increasing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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