Unit Protocol
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Protocol TVL
Fees & Revenue
Chain Fees Distribution
Revenue Breakdown
About Unit Protocol
Unit protocol is a decentralized borrowing protocol that allows you to mint USDP stablecoin using a variety of tokens as collateral.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Security & Audits
Protocol Profile
Unit Protocol is a CDP protocol that lets users supply assets as collateral, borrow against them, and earn interest from borrowers paying variable or stable rates. It is deployed on Ethereum. The codebase has been independently audited (1 report on file).
TVL Distribution by Chain
Supported Chains
Protocol Footprint
Unit Protocol is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts.
Official Resources & Links
Verified external resources for Unit Protocol — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other CDP protocols on Mantapex
Unit Protocol is one of 7 CDP protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Sky Lending, USDD, Lista CDP, and 3 more. These peer protocols collectively secure $9.2B in deposits, giving you a frame of reference for whether Unit Protocol's own TVL is at the top, middle, or tail of the category.
Recent Unit Protocol news
Latest reporting from major crypto news outlets covering Unit Protocol.
- Cryptonews
Ethereum Foundation Lays Off R&D Staff, Restructures Under ‘Protocol' Banner
The Ethereum Foundation has laid off some R&D staff and rebranded its core development unit as “Protocol” to focus more sharply on scaling and user experience.
- Bitcoin
Ethereum Foundation Reorganizes Under ‘Protocol' Banner to Tackle Scaling and UX Goals
The Ethereum Foundation (EF) is changing gears on how it handles core research and development. On June 2, 2025, the EF introduced a restructured unit simply named “Protocol,”…
- The Block
Ethereum public goods funding protocol Gitcoin winding down its software division
Gitcoin is shutting down its primary software development unit, Gitcoin Labs, largely due to a lack of profitability, the project said Friday.
- Bitcoin
Defi Protocol Abracadabra's Stablecoin MIM Briefly Slides to $0.91 During the Crypto Market Rout
Amid the crypto market carnage this weekend, another stablecoin slipped below the $1 peg on Saturday, June 18, as the crypto asset called magic internet money (MIM) briefly…
- CryptoSlate
DeFi stablecoins protocol Ampleforth launches on Avalanche (AVAX)
Ampleforth development firm Fragments Inc announced today the completion of Avalanche's integration with the Ampleforth protocol to bring AMPL, the Ethereum-born decentralized…
- NewsBTC
Ethereum DeFi Protocol That Just Raised $175 Million From a16z And Paradigm Has A Bold Message For Wall Street
Morpho, a decentralized lending protocol operating on Ethereum, HyperEVM, and other blockchains currently holding $6.6 billion in total value locked, has raised $175 million in a…
- UToday
NEAR to Hit 1 Million TPS This Year: Bold Statement
NEAR Protocol (NEAR), a high-performance smart contract platform, might be the first L1 blockchain to achieve 1 million transactions per second bandwidth as soon as this year. As…
- The Block
Rocket Pool promises to fix centralization concerns related to pDAO
Liquid staking protocol Rocket Pool pledged to move towards full decentralization for its Protocol DAO (pDAO) governance unit.
Related protocols
Other DeFi protocols connected to Unit Protocol by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Other CDP protocols
Top protocols on Ethereum
Fork lineage & related versions
Risk Warning
DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.
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