Open Dollar
![Open Dollar](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1718135212%2Fdapp-store%2Fdapp-logos%2FOpen%2520Dollar.png&w=640&q=75)
Decentralized CDPsDecentralized Lending Dapps
Open Dollar
Open Dollar is a stablecoin protocol backed by LSTs and Arbitrum-native token deposits with tradable vaults.
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What is Open Dollar?
With Open Dollar, ssers can borrow against and leverage their deposited assets while keeping 100% of their yield. Loans are encapsulated with NFTs allowing the users to transfer or sell them even with outstanding debt. NFT-controlled loans give users more options to better manage their positions and avoid liquidation.
Web3 dapps and developer tools related to Open Dollar
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Resources and Guides about Decentralized CDPs
Open Dollar Alternatives
Explore web3 competitors and apps like Open Dollar.
![Vesta Finance Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675855%2Fdapp-store%2Fdapp-logos%2FVesta%2520Finance.png&w=96&q=75)
Decentralized CDPs
Vesta Finance is a DeFi lending protocol on the Arbitrum network.
![Beanstalk Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675494%2Fdapp-store%2Fdapp-logos%2FBeanstalk.png&w=96&q=75)
Decentralized CDPs
Beanstalk is a credit-based, algorithmic and decentralized stablecoin issuance protocol.
![Parrot Protocol Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675731%2Fdapp-store%2Fdapp-logos%2FParrot%2520Protocol.png&w=96&q=75)
Decentralized CDPs
Parrot Protocol makes helps users access the value locked in Defi systems.
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