CryptoCurrencies
16987
Exchanges
500
Total Market Cap
3,089,684,284,412
Volume 24h
214,246,006,914
Dominance
BTC 60.26%   ETH 7.02%   USDT 4.70%   XRP 4.21%

Nectar
NECT

0.9998
$
0.01 %
Change 24h
Market Cap
$ 4,717,334
Volume 24h
$ 863,073
Circulating Supply
4,717,560
Total Supply
4,717,560
NECT
$
# Exchange Pair Price Volume 24h

Description

Nectar (NECT) is an over-collateralised, Berachain native stablecoin issued through the Beraborrow protocol. At any time NECT can be redeemed against the underlying collateral at face value. To borrow, you must open a Den and deposit an approved Berachain asset as collateral. Beraborrow is a leading Berachain native CDP protocol. Unlike traditional CDP platforms, the Beraborrow protocol is powered by Proof-of-Liquidty (PoL), aligning incentives with borrowers and the Berachain ecosystem.