USDeAD
La stablecoin che condivide i ricavi con la sua community
How USDeAD works in 60 seconds
3 stepsThe fastest tour through the protocol. Three steps, no jargon — drop into the difficulty levels below for depth.
Step 1
Deposit collateral
WETH · wstETH · rETH
Lock ETH or an ETH-equivalent liquid staking token into a vault on a lending chain. Recommended C-Ratio: 200%.
Step 2
Mint USDeAD
0% interest · 115% liquidation
Borrow USDeAD against your collateral with zero ongoing interest. Stay above the 115% threshold to keep your vault safe.
Step 3
Repay + 1% fee
fee shared with uDEAD holders
Close the vault by repaying USDeAD. The one-time 1% exit fee is split 50/50 between uDEAD holders and the DEADBOX treasury.
Your Vaults
read-only · liveUSDeAD vaults across every supported chain for the connected wallet. Manage on us.dead.box — this page is read-only.
Connect your wallet
Connect a wallet to see your USDeAD vaults across every lending chain in one view.
USDeAD Multi-Chain Overview
$USDeADLive supply and verified contract address on every chain USDeAD is deployed. Always confirm the address before trading or bridging — clicking the explorer icon opens the canonical contract page.
| Chain | Address | Supply | Share |
|---|---|---|---|
 BasePrimary | 2K | 93.5% | |
 Ethereum | 7 | 0.3% | |
 Arbitrum | 13 | 0.5% | |
 Optimism | 0 | 0.0% | |
 Scroll | 0 | 0.0% | |
 MegaETH | 144 | 5.7% | |
 BNB Chainbridge-only | 0 | 0.0% | |
 Monadbridge-only | — | — | |
 HyperEVMbridge-only | — | — | |
 SolanaSPL · non-EVM | — | — | |
 TronTRC · non-EVM | — | — |
USDeAD Markets
liveWhere to trade or provide liquidity for USDeAD. Open the protocol's UI to swap or LP — we don't take a cut.
USDeAD Multi-Chain Bridge
Move USDeAD seamlessly between chains via LayerZero — Ethereum, Base, Arbitrum, Optimism, Scroll, MegaETH + BNB / Monad / HyperEVM / Solana / Tron.
Protocol Health by Chain
livePer-chain health, expressed as a percentage of the recommended 200% C-Ratio buffer. Chains at or above 200% show as Excellent. Same framing the us.dead.box dApp uses, so cross-checking won't surprise you.
BaseMegaETHArbitrumEthereumOptimismScrollA per-vault risk-band histogram (At Risk · Warning · Moderate · Healthy) is coming once the indexer aggregates vault state across chains. Until then this gives you the protocol-wide health each chain reports.
Protocol Growth
history comingTotal collateral locked and USDeAD circulating supply over time. The deadbox-api indexer is currently accumulating snapshots — the time-series chart will replace this card once enough history exists for a meaningful curve.
Total Collateral Locked
1.717 ETH
≈ $3,657.443896
USDeAD Circulating
3K USDeAD
across all chains
Time-series chart is on the way
The deadbox-api indexer is snapshotting protocol state across all lending chains. As history accumulates (roughly one snapshot every 5 minutes), this area will switch to a live area-chart of collateral and supply over the last 30 days, similar to the protocol growth chart on us.dead.box.
Scegli il tuo livello di lettura
Lo stesso protocollo spiegato in tre modi — scegli la profondità che ti serve.
Nuovo alle stablecoin?
Cos'è una stablecoin?
Pensa a una stablecoin come un dollaro digitale che vive sulla blockchain. Mentre la maggior parte dei prezzi crypto sale e scende ogni giorno, una stablecoin è progettata per valere sempre circa $1.
Le persone usano le stablecoin per conservare valore senza preoccuparsi delle oscillazioni violente dei prezzi. Puoi inviarle a chiunque nel mondo, istantaneamente, senza una banca nel mezzo.
Le stablecoin mantengono il loro valore di $1 detenendo asset reali o crypto come garanzia — un po' come una banca che dovrebbe avere abbastanza denaro per coprire tutti i suoi depositi.
Cosa rende USDeAD diversa?
La maggior parte delle stablecoin genera Fee e tiene ogni centesimo per la società che le gestisce. USDeAD ribalta questo modello — condivide i suoi ricavi con la community.
Altre stablecoin
USDeAD
Come ne benefici?
- 1Possiedi Token uDEAD nel tuo Wallet
- 2Le Fee dei Vault USDeAD vengono raccolte ogni volta che qualcuno esce da una posizione
- 3Queste Fee vengono automaticamente distribuite al tuo Wallet
- 4Nessun Staking, nessuna riscossione necessaria — arrivano e basta
I ricavi arrivano a te
Distribuzione Fee di uscita (1% alla chiusura del Vault)
Distribuzione del surplus di liquidazione
Where the revenue goes
Two fee streams flow out of the DRP. Both end at uDEAD holders, by design.
Exit fee — paid once per USDeAD position closure
User repays USDeAD
1% exit fee on debt closed
uDEAD holders
streamed via dividend distributor
DEADBOX Treasury
protocol development & ops
Liquidation surplus — every time an unhealthy vault is closed
Vault drops below 115% C-Ratio
collateral above debt = surplus
Stability Pool
depositors earn extra yield
Vault Distributor
multisig — protocol incentives
Treasury
DEADBOX ops budget
uDEAD holders
dividend stream
Liquidator
watchdog incentive
What "Beta" means here
Beta · LiveReal funds, real on-chain code, real beta. Read what's locked, what isn't, and where the trust assumptions still sit.
- DRP main contract — owner renounced to 0x0
- StabilityPool & USDeAD OFT owner = renounced DRP
- TreasurySplitter admin role renounced at deploy
- Collateral whitelist immutable in source
- paramSetterAdmin: Gnosis Safe multisig · 48h timelock on parameter changes
- OracleManager owner: live EOA (key custody disclosed at full launch)
- VaultDistributor: multisig wallet, not auto-distribution
Practical guidance for the beta phase
- Treat USDeAD like any audited-but-young stablecoin: don't park more than you'd be willing to test with.
- Vault parameters can change with 48 hours of advance on-chain notice through the paramSetterAdmin Safe. Watch the schedule events on BaseScan if you care.
- The liquidation threshold is hardcoded at 115% — that's the contract value, not a doc value. Verify any time via
LIQUIDATION_THRESHOLD()on BaseScan. - Vault operations are only live on Ethereum, Base, Arbitrum, Optimism, Scroll, and MegaETH. Everything else is bridge-only.