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      Solana(SOL) Numérair Stablecoin Index

      https://s1.coincarp.com/logo/1/solana.png?style=36's logo Solana(SOL)
      $114.64
      0.13%
      25 November 2024 UTC Release

      Numéraire — a new DeFi protocol designed for capital-efficient stablecoin markets from Perena, now live! Perena brings USD* to Solana – a stablecoin index backed by a Seed Pool of USDT, USDC, and PYUSD.

      The protocol uses a hub-and-spoke model with bounded liquidity ranges to optimize swaps. Liquidity providers deposit into a Seed Pool to mint USD*, which can then be used to create new stablecoin pairs efficiently.


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