ChainCatcher news, according to official data, the decentralized stablecoin USDD’s interest-bearing token sUSDD has achieved rapid growth on the decentralized lending protocol Morpho, with its TVL surpassing $47 million.
It is reported that within just one month of launch, the sUSDD/USDT market TVL exceeded $40 million, making it the second-largest USDT lending market in the yield-bearing stablecoin sector, second only to sUSDS.
Additionally, sUSDD has been integrated into Gauntlet Vaults, with lending demand continuing to rise and liquidity steadily increasing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
xAI Grok 4.20 officially launched, featuring four reasoning modes and setting a new record for the hallucination-free rate test
xAI's Grok 4.20 officially ended beta testing on March 19th and launched four reasoning modes. Grok 4.20 set a record of 78% in hallucination-free rate testing, but its composite intelligence score is 48 points, lower than competitors. API pricing is $2 for input and $6 per million tokens for output, supporting context of up to 2 million tokens.
GateNews27m ago
Sei Ecosystem Lending Protocol Yei Finance Launches on Clovis Testnet
Gate News reports that on March 19, the Sei ecosystem lending protocol Yei Finance announced the launch of the Clovis testnet. The testnet supports users in depositing and cross-chain transferring USDC and USDT across networks including Ethereum, Base, BNB Chain, and Sei. Clovis is a platform designed to...
GateNews39m ago
River Partners With Stargate Finance To Expand SatUSD Stablecoin DeFi Cross-Chain Capabilities, ...
River.Inc, a DeFi protocol that aims to unify liquidity across multiple blockchain networks through its native stablecoin (satUSD), today announced the launch of its stable asset on Stargate Finance, a cross-chain native asset transfer protocol built on LayerZero, a cross-chain interoperability
BlockChainReporter58m ago
Hyperliquid Launches S&P 500 Mapped Contracts, Intraday Open Interest Breaks Through $19.6 Million
Gate News reports that on March 19, Trade.xyz has deployed the S&P500/USDC (S&P 500, US stock market benchmark index) trading pair on the Hyperliquid platform through the HIP-3 protocol, supporting up to 50x leverage. The contract officially launched last night (March 18), and as of press time, cumulative trading volume has reached $31.5 million, with open interest rapidly climbing to $19.6 million.
GateNews1h ago
Trade.xyz adjusts the names of five trading pairs deployed on Hyperliquid, involving crude oil, foreign exchange, and stock indices.
Trade.xyz updated the names of five trading pairs deployed on Hyperliquid, involving crude oil, forex, and stock indices, mainly for standardizing the naming conventions. The changes include: $EUR renamed to $EURUSD, $JP225 changed to $Japan225, $CL changed to $WTICRUDE, $BRENTOIL changed to $BRENTCRUDE, and $KR200 changed to $Korea200.
GateNews1h ago
