CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,415,335,623,116
Volume 24h
226,572,445,780
Dominance
BTC 60.20%   ETH 8.85%   USDT 4.48%   XRP 3.61%

Nectar
NECT

0.9988
$
0.03 %
Change 24h
Market Cap
$ 4,710,990
Volume 24h
$ 532,573
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.