CryptoCurrencies
17730
Exchanges
500
Total Market Cap
4,040,077,624,065
Volume 24h
423,004,335,965
Dominance
BTC 57.92%   ETH 10.58%   XRP 4.42%   USDT 4.02%

Nectar
NECT

0.9958
$
0.31 %
Change 24h
Market Cap
$ 4,703,992
Volume 24h
$ 227,101
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.