CryptoCurrencies
19068
Exchanges
500
Total Market Cap
3,185,528,009,290
Volume 24h
187,144,162,649
Dominance
BTC 54.69%   ETH 11.06%   USDT 5.86%   BNB 3.59%

Nectar
NECT

1.001
$
0.39 %
Change 24h
Market Cap
$ 4,701,488
Volume 24h
$ 90,354
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.