Unit Protocol
Decentralized CDPs
Unit Protocol
Access liquidity in the form of USDP stablecoin by putting up cryptocurrency as collateral.
What is Unit Protocol?
Unit Protocol allows you to mint USDP stablecoin using various coins as collateral. There are over 160 coins Unit Protocol allows for collateral, including LP tokens, which provide value for these liquidity providers. Unit Protocol collects stability fees when users repay their USDP and liquidation fees if CDPs were liquidated. This process is governed by $DUCK (Unit Protocol's governance token).
Web3 dapps and developer tools related to Unit Protocol
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Lifinity
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A proactive market maker on Solana.
Maple
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Maple Finance is an Institutional capital network built on Ethereum and Solana.
AirSwap
Decentralized Exchanges (DEXs)
Airswap is a decentralized exchange that focuses on peer-to-peer trading with zero slippage.
Resources and Guides about Decentralized CDPs
Unit Protocol Alternatives
Explore web3 competitors and apps like Unit Protocol.
Liquity
Decentralized CDPs
As a decentralized borrowing platform, Liquity offers interest-free loans on collateralized ETH.
Abracadabra
Decentralized CDPs
Abracadabra.money is a decentralized crypto lending platform.
Vesta Finance
Decentralized CDPs
Vesta Finance is a DeFi lending protocol on the Arbitrum network.