reUSDC/ETH
Solving liquidity fragmentation of L2s with fractional reserve banking. Relend Network allows for lending and borrowing akin to fractional reserve banking. Lenders are able to supply assets which act as reserves for a 10x increase in the lending supply. Borrowers benefit from earning a return on their collateral provided as well as accruing yield on their borrowed funds. We implement the money multiplier effect to grow economic activity across different L2 ecosystems. The Relend USDC vault serves as a pre-deposit vault for Relend Network. Users who supply USDC will collect RELEND units and have the option to access Relend Network once live. Collateral markets are selected for competitive yield and long term partner alignment. Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
Score | |
|---|---|
24h Vol | $0.98 |
Liquidity | $5.1K |
Holders | 215 |
Audits | |
Age | 4 months |
FDV | $3.6M |
Market Cap | $3.6M |
| Addresses | |
|---|---|
| Pool | |
| reUSDC |  |
| ETH |
reUSDC to ETH Converter
Score | |
|---|---|
24h Vol | $0.98 |
Liquidity | $5.1K |
Holders | 215 |
Audits | |
Age | 4 months |
FDV | $3.6M |
Market Cap | $3.6M |
About Relend USDC (reUSDC)
Solving liquidity fragmentation of L2s with fractional reserve banking. Relend Network allows for lending and borrowing akin to fractional reserve banking. Lenders are able to supply assets which act as reserves for a 10x increase in the lending supply. Borrowers benefit from earning a return on their collateral provided as well as accruing yield on their borrowed funds. We implement the money multiplier effect to grow economic activity across different L2 ecosystems. The Relend USDC vault serves as a pre-deposit vault for Relend Network. Users who supply USDC will collect RELEND units and have the option to access Relend Network once live. Collateral markets are selected for competitive yield and long term partner alignment. Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.
reUSDC/ETH Price Stats
The current price of reUSDC (reUSDC/ETH) on Uniswap V4 (Ethereum) is $0.9618, the price is up 0% in the last 24 hours. Its 24-hour trading volume is reported to be at $0.9799 with a total of 1 transactions. reUSDC/ETH contract address is 0xf0545de2c6e12f76fe123af16d1a925865e7240d8520aeaf1d22ccd2d58480ac, with a Fully Diluted Valuation (FDV) of $3.62M and a liquidity pool of $5,055.49.
