Data: sUSDD TVL surpasses 1 million USD, offering 12% APY savings yield
ChainCatcher News, according to official sources, the total value locked (TVL) of the decentralized stablecoin USDD interest-bearing token sUSDD has surpassed 1 million USD.
sUSDD was officially launched on October 6, providing a decentralized and transparent savings system. Users can convert USDD to sUSDD, and after depositing, they can automatically enjoy an annual percentage yield (APY) of 12% without the need for staking or locking, thus achieving asset appreciation.
According to the official statement, the launch of sUSDD makes crypto asset savings more accessible, safer, and user-friendly, marking a new chapter for DeFi.


Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The three major U.S. stock indexes generally declined, with the S&P 500 down 0.4%.
Peter Schiff: Bitcoin has dropped 32% from its August peak when priced in gold
DDC Enterprise increases its holdings by 26 BTC, bringing its total bitcoin holdings to 1,083 BTC