Aller au contenu principal
Mantapex
Ethos Reserve Note
ERNpeggedUSD
crypto-backed
Voir la Page de l'Actif
DeFiLlama peggedUSD·0,98 $US·57,7 k $US mcap·1 chains

Profil du Stablecoin

Ethos Reserve Note (ERN) est un stablecoin collatéralisé en crypto : les utilisateurs frappent ERN en verrouillant d'autres crypto-actifs en surcollatéral, avec 57,7 k $US actuellement en circulation sur 1 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.

Ancré à
USD
Modèle de stabilisation
Collatéralisé en crypto
Source de prix
defillama

À propos de Ethos Reserve Note (ERN)

Ethos Reserve is a decentralized lending protocol that allows users to take out interest-free loans against collateral such as BTC and ETH.

Comment fonctionnent l'émission et le rachat

Loans drawn from Ethos Reserve require users to maintain a minimum amount of collateral in the system to cover their debt. These collateral ratios are as low as 108% for ETH, 120% for BTC, and may be lowered over time depending on usage

Activité récente de l'offre

Ethos Reserve Note (ERN) supply was unchanged in the last 24 hours, contracted by 294,9 $US (-0.51%) over the past week, and contracted by 983 $US (-1.68%) over the past 30 days.

Variation 24h
0 $US
0.00%
Variation 7j
-294,9 $US
-0.51%
Variation 30j
-983 $US
-1.68%

Mild contraction: redemptions have slightly outpaced minting, with supply down 1.68% in the past month.

Historique de l'Offre

Network distribution

Ethos Reserve Note circulates across 1 blockchain network. OP Mainnet hosts the largest share at 100.00%. Cross-chain distribution has remained broadly stable over the past 30 days.

ChaîneOffrePart24h Δ30d Δ
OP Mainnet57,7 k $US100.00%0.00%-1.68%

Historique de stabilité de l'ancrage

As a crypto-collateralised stablecoin, Ethos Reserve Note (ERN) maintains its 1.00 USD target by holding excess on-chain collateral and routing redemptions through automated liquidation auctions. Spot price is currently $0.9830 (-1.696%); short-term excursions of this magnitude are typically arbitraged away within hours via the protocol's open mint/redeem mechanics.

Prix actuel
$0.9830
Écart par rapport au peg
-1.696%
Bande de stabilité
Sous tension (±1–3 %)

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

Ethos Reserve Note (ERN) 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.

ChaîneAdresse du contratVérifier
Ethereum0xc5b001dc33727f8f26880b184090d3e252470d45Explorateur

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 Ethos Reserve Note à d'autres stablecoins crypto-collateralised

Below are the largest crypto-collateralised stablecoins tracked on Mantapex alongside Ethos Reserve Note (ERN). 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.

StablecoinOffreMécanismeChaînes
Sky Dollar (USDS)8,4 Md $UScrypto-backed6
Ethena USDe (USDe)5,9 Md $UScrypto-backed23
Dai (DAI)4,6 Md $UScrypto-backed48
Falcon USD (USDf)1,6 Md $UScrypto-backed2
USDD (USDD)1,1 Md $UScrypto-backed4

Entre les classes de mécanismes

If you're researching ERN 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

Ethos Reserve Note (ERN) is tracked across major crypto data providers. The links below open Ethos Reserve Note (ERN)'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.

Actualités récentes sur Ethos Reserve Note

Latest reporting from major crypto news outlets covering Ethos Reserve Note.

Stablecoins associées

Stablecoins comparable to Ethos Reserve Note by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.

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.