Relend USDC (REUSDC)

market_cap_rank: 595 | coingecko_rank: null

Current Price

get_current_price()

$1.07 +0.02%

24h_range: $1.07 - $1.07

Price Changes

get_price_changes()

24h

+0.02%

+0.17%

14d

+0.30%

30d

+0.57%

Market Data & Supply

get_market_data()

market_cap

$80055514

fully_diluted_valuation

$80055514

volume_24h

get_supply_info()

circulating_supply

74837757

total_supply

74837757

max_supply

null

All-Time Records

get_ath_data()

All-Time High

$9.28

change: -88.47%

date: 2025-02-07

get_atl_data()

All-Time Low

$0.86

change: +24.10%

date: 2025-05-29

About Relend USDC

get_description()

Solving liquidity fragmentation of L2s with fractional reserve banking. Relend Network allows for lending and borrowing akin to fractional reserve banking. Lenders are able to supply assets which act as reserves for a 10x increase in the lending supply. Borrowers benefit from earning a return on their collateral provided as well as accruing yield on their borrowed funds. We implement the money multiplier effect to grow economic activity across different L2 ecosystems. The Relend USDC vault serves as a pre-deposit vault for Relend Network. Users who supply USDC will collect RELEND units and have the option to access Relend Network once live. Collateral markets are selected for competitive yield and long term partner alignment. Morpho Vaults are curated lending vaults that can allocate deposits to any number of Morpho Markets. Each vault is customizable and has a different risk profile. Curators are independent, third-party risk experts who use their expertise to offer various Morpho Vaults.

Additional Information

get_basic_info()

homepage

https://relend.network/