USDeAD
上线 · Beta

USDeAD

与社区共享收益的稳定币

Total ETH Locked
1.717 ETH
≈ $3,659.813891
USDeAD Minted
2.54K USDeAD
across all chains
Global C-Ratio
143.6%
healthy
Protocol Health
71.8%
average

How USDeAD works in 60 seconds

3 steps

The 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 · live

USDeAD 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

$USDeAD

Live 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.

ChainAddressSupplyShare
BaseBasePrimary
0x9Bc2C2…11DEAd
2K
93.5%
EthereumEthereum
0x9Bc2C2…11DEAd
7
0.3%
ArbitrumArbitrum
0x9Bc2C2…11DEAd
13
0.5%
OptimismOptimism
0x9Bc2C2…11DEAd
0
0.0%
ScrollScroll
0x9Bc2C2…11DEAd
0
0.0%
MegaETHMegaETH
0x23A873…Bbdead
144
5.7%
BNB ChainBNB Chainbridge-only
0x9Bc2C2…11DEAd
0
0.0%
MonadMonadbridge-only
0x41201e…05dead
HyperEVMHyperEVMbridge-only
0x7f71d0…70F289
SolanaSolanaSPL · non-EVM
CeALVyCe…GSC5sg
TronTronTRC · non-EVM
TCReUYWr…eMVciJ

USDeAD Markets

live

Where to trade or provide liquidity for USDeAD. Open the protocol's UI to swap or LP — we don't take a cut.

Curve

BaseBase

USDeAD / USDC

TVL

$2,460.482981

Trade on Curve

Uniswap

BaseBase

USDeAD / USDC

TVL

Trade on Uniswap

Kumbaya

MegaETHMegaETH

USDeAD / USDm

TVL

Trade on Kumbaya

USDeAD Multi-Chain Bridge

Move USDeAD seamlessly between chains via LayerZero — Ethereum, Base, Arbitrum, Optimism, Scroll, MegaETH + BNB / Monad / HyperEVM / Solana / Tron.

Open Bridge

Protocol Health by Chain

live

Per-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.

BaseBase
70.8%
2.50K USDeAD debt141.6% C-Ratio
MegaETHMegaETH
100.0%
44.35 USDeAD debt257.8% C-Ratio
ArbitrumArbitrum
60.2%
2.97 USDeAD debt120.5% C-Ratio
EthereumEthereum
100.0%
1.40 USDeAD debt237.4% C-Ratio
OptimismOptimism
80.8%
0.23 USDeAD debt161.7% C-Ratio
ScrollScroll
54.0%
0.20 USDeAD debt108.0% C-Ratio

A 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 coming

Total 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

≈ $3,659.813891

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.

选择你的阅读级别

同一个协议,三种深度的讲解 — 选择最适合你的。

稳定币新手?

什么是稳定币?

稳定币就像一种存在于区块链上的数字美元。大多数加密货币价格每天剧烈波动,而稳定币的设计目标是始终保持约 1 美元的价值。

人们使用稳定币来存储价值,无需担心剧烈的价格波动。你可以即时向世界上任何人发送稳定币,无需银行作为中间人。

稳定币通过持有现实世界资产或加密货币作为支撑来维持其 1 美元的价值 — 类似于银行应该持有足够的资金来覆盖所有存款。

USDeAD 有何不同?

大多数稳定币产生 Fee 后将每一分钱都留给背后的公司。USDeAD 颠覆了这一模式 — 它与社区共享收益。

其他稳定币

FeesCompany Treasury

USDeAD

FeesCommunity (uDEAD Holders)

你如何受益?

  1. 1在你的 Wallet 中持有 uDEAD Token
  2. 2每当有人退出 USDeAD Vault 时,Fee 被收取
  3. 3这些 Fee 会自动分配到你的 Wallet
  4. 4无需 Staking,无需手动领取 — 自动到账

收益流向你

退出 Fee 分配(关闭 Vault 时收取 1%)

国库
50%
uDEAD 持有者
50%

清算盈余分配

Stability Pool
50%
Vault Distributor
24%
国库
12%
uDEAD 持有者
12%
监控者
2%

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

50%

uDEAD holders

streamed via dividend distributor

50%

DEADBOX Treasury

protocol development & ops

Liquidation surplus — every time an unhealthy vault is closed

Vault drops below 115% C-Ratio

collateral above debt = surplus

50%

Stability Pool

depositors earn extra yield

24%

Vault Distributor

multisig — protocol incentives

12%

Treasury

DEADBOX ops budget

12%

uDEAD holders

dividend stream

2%

Liquidator

watchdog incentive

What "Beta" means here

Beta · Live

Real funds, real on-chain code, real beta. Read what's locked, what isn't, and where the trust assumptions still sit.

What's already locked
  • DRP main contract — owner renounced to 0x0
  • StabilityPool & USDeAD OFT owner = renounced DRP
  • TreasurySplitter admin role renounced at deploy
  • Collateral whitelist immutable in source
Still admin-controlled
  • 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.

常见问题

USDeAD 已在公开 Beta 上线。Vault 操作(开仓 / 借出 / 偿还 / 清算)运行于六条 EVM 链:Ethereum、Base、Arbitrum、Optimism、Scroll、MegaETH — 其中 MegaETH 是早期阶段除 Base 之外的关键链。USDeAD 代币本身还通过 LayerZero 跨链到 BNB Chain、Monad、HyperEVM、Solana 和 Tron,你可以在这些链上持有和转账 USDeAD,但无法开仓。目前正在 Base 上的 Curve USDeAD/USDC 池中构建种子流动性。将该系统视为 Beta 软件 — 参数和集成在完全发布前可能仍会演变。
上线时,USDeAD Vault 将接受三种类型的抵押品:WETH(封装以太坊)、wstETH(Lido 封装 Staking ETH)和 rETH(Rocket Pool ETH)。未来可能根据社区治理添加更多抵押品类型。
没有。USDeAD Vault 对借入的 USDeAD 收取 0% 年利率。唯一的成本是在关闭仓位并提取抵押品时一次性收取的 1% 退出 Fee。这使 USDeAD 成为最便宜的稳定币之一。
监控者系统是一种社区驱动的清算监控机制。任何人都可以在链上监控 Vault 抵押率,并对低于 115% 抵押率的 Vault 触发清算。作为回报,监控者从清算盈余中获得约 2% 的奖励。
从 Vault 退出 Fee 和清算盈余中收取的 Fee 被发送到 uDEAD 分红分配合约。该合约根据每位持有者在 uDEAD 总供应量中的份额自动按比例分配奖励。