The friendly-fork of Liquity V2. Built for Arbitrum. Launching March, 2025
Up to 91% LTV borrowing at an interest rate that you choose. Multiply exposure to ETH, ARB, and other assets by up to 11x.
All protocol revenue goes directly to users. Deposit in the Stability Pool to earn 75% of borrower fees in native yield, plus liquidation fees and incentives.
Direct 25% of borrower fees towards liquidity pools, staking, and more.
1 USDN is always redeemable by anyone for $1.00 worth of ETH or other collateral.
USDN is minted when users borrow against their ETH, rETH, wstETH, sfrxETH, weETH, pufETH, tETH, tBTC, COMP, and ARB.
Users choose what interest rate to pay on their loans and can update the rate at any time.
USDN can earn sustainable yield from the interest rate borrowers pay, liquidations, and incentives by depositing in the stability pools.
CDP troves are also standardized NFTs, so borrowers can sell a loan instead of closing it.
USDN is a native streamable “super-token”. Holders can stream tokens to anyone over any period of time.
The Nerite Protocol is governance minimized, so the rules stay the same and there are more security guarantees.
ARB tokens deposited as collateral in Nerite maintain their delegation and governance power in the Arbitrum DAO.
Go slow. 🐌
Support the future of the Nerite protocol by minting the our Open Edition. 100% of funds collected go towards security audits and monitoring tools which keep Nerite safe.
DeFi loves Nerite
Superfluid is modernizing our understanding of what payments can be in a digital-first world. Nerite is making that concept more concrete through the first ever natively streamable stablecoin.
Nerite brings all of the functionality of Liquity V2 to Arbitrum in the most native way possible.
Bold forkanomics are critical to the protocol cross chain strategy, and Nerite will be a key relay the Collective harnesses to expand BOLD's presence on Arbitrum.
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