Balanced Dollars
Profil du Stablecoin
Balanced Dollars (BNUSD) est un stablecoin collatéralisé en crypto : les utilisateurs frappent BNUSD en verrouillant d'autres crypto-actifs en surcollatéral, avec 2,9 M $US actuellement en circulation sur 9 réseaux blockchain. L'ancrage à USD est maintenu via des enchères de liquidation lorsque la valeur du collatéral tombe sous les seuils requis. Source de prix obtenue via defillama.
À propos de Balanced Dollars (BNUSD)
Borrow bnUSD, swap and transfer crypto cross-chain, supply liquidity, and govern the future of Balanced
The Balanced Dollar (bnUSD) is a decentralised stablecoin that tracks the price of 1 US dollar. You can borrow bnUSD against any supported collateral type, and use it wrapper-free on every blockchain Balanced connects to. There’s a 0.2% fee, and your loan will increase by 2% a year.
Activité récente de l'offre
Balanced Dollars (BNUSD) supply expanded by 257,2 $US (+0.01%) in the last 24 hours, contracted by 29,8 k $US (-1.03%) over the past week, and contracted by 442,4 k $US (-13.40%) over the past 30 days.
Supply contraction: net redemptions have driven circulating supply down 13.40% in the past month, signaling capital rotation or deleveraging.
Historique de l'Offre
Network distribution
Balanced Dollars circulates across 9 blockchain networks. Icon hosts the largest share at 99.01%, followed by Archway at 0.62%. Cross-chain distribution has remained broadly stable over the past 30 days.
| Chaîne | Offre | Part | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Icon | 2,8 M $US | 99.01% | +0.01% | -12.89% |
| Archway | 17,6 k $US | 0.62% | 0.00% | 0.00% |
| Base | 10,1 k $US | 0.35% | 0.00% | 0.00% |
| Avalanche | 328,9 $US | 0.01% | 0.00% | -98.63% |
| Arbitrum | 173,4 $US | 0.01% | 0.00% | +82.18% |
| Injective | 103,1 $US | 0.00% | 0.00% | 0.00% |
| BSC | 16,3 $US | 0.00% | 0.00% | 0.00% |
| Havah | 4,5 $US | 0.00% | 0.00% | 0.00% |
| OP Mainnet | 1 $US | 0.00% | 0.00% | 0.00% |
Historique de stabilité de l'ancrage
As a crypto-collateralised stablecoin, Balanced Dollars (BNUSD) maintains its 1.00 USD target by holding excess on-chain collateral and routing redemptions through automated liquidation auctions. Spot price is currently $1.0001 (+0.015%); short-term excursions are normal in this range are typically arbitraged away within hours via the protocol's open mint/redeem mechanics.
Comment les stablecoins crypto-collateralised défendent leur ancrage
Crypto-collateralised stablecoins like this one over-collateralise positions — borrowers must lock more than $1.00 of crypto for each $1.00 of stablecoin minted. If collateral value falls below the required ratio, the position is automatically liquidated in an open Dutch auction. Arbitrageurs can always mint and redeem against the protocol's contracts, which keeps the secondary-market price tightly bounded around $1.00. The main residual risks are sudden crypto-collateral crashes that outpace the liquidation engine, and oracle failure.
Implications pratiques pour les détenteurs
- Collateral volatility is the dominant risk: a fast drawdown in the collateral asset can outpace liquidation auctions and leave the protocol under-collateralised.
- Oracle risk: the protocol relies on price feeds (typically Chainlink or a multi-oracle setup). Oracle manipulation or delay during volatile markets has historically caused peg excursions.
- Governance risk: parameter changes (collateral types, liquidation ratios, debt ceilings) are decided by token-holder votes. Sudden governance attacks remain a tail risk.
- On-chain transparency is a major advantage — collateral is verifiable 24/7 without trusting an attestor.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (crypto-collateralised) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Adresses de contrat
Balanced Dollars (BNUSD) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Chaîne | Adresse du contrat | Vérifier |
|---|---|---|
| Ethereum | cx88fd7df7ddff82f7cc735c871dc519838cb235bb | Explorateur |
Les adresses de contrat proviennent du profil stablecoin de DeFiLlama. Certaines chaînes (Tron, Solana, Aptos, Sui) utilisent des formats d'adresse non EVM. Le lien « Explorateur » ouvre l'explorateur de blocs officiel de la chaîne concernée ; nous ne renvoyons pas vers des explorateurs tiers susceptibles d'afficher des données modifiées.
Comparer Balanced Dollars à d'autres stablecoins crypto-collateralised
Below are the largest crypto-collateralised stablecoins tracked on Mantapex alongside Balanced Dollars (BNUSD). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Offre | Mécanisme | Chaînes |
|---|---|---|---|
| Sky Dollar (USDS) | 8,4 Md $US | crypto-backed | 6 |
| Ethena USDe (USDe) | 5,9 Md $US | crypto-backed | 23 |
| Dai (DAI) | 4,6 Md $US | crypto-backed | 48 |
| Falcon USD (USDf) | 1,6 Md $US | crypto-backed | 2 |
| USDD (USDD) | 1,1 Md $US | crypto-backed | 4 |
Entre les classes de mécanismes
If you're researching BNUSD as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Stabilité du Peg
Distribution par Chaîne
Ressources et sources de données
Balanced Dollars (BNUSD) is tracked across major crypto data providers. The links below open Balanced Dollars (BNUSD)'s pages on CoinGecko, CoinMarketCap and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Stablecoins associées
Stablecoins comparable to Balanced Dollars by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Autres stablecoins crypto-backed
Stablecoins indexés sur USD
Plus grands stablecoins par offre
Avertissement de Risque
Les stablecoins comportent des risques, notamment la dé-peggisation, les changements réglementaires et le risque de contrepartie. Diversifiez toujours et faites vos propres recherches.