Total TVL
$24.1M
Markets
0
Chains
1
Avg Supply Rate
0.00%
Age
2.3 years
Audited
Yes
BitU Protocol is a cdp protocol with $24.1M in total value locked across 0 pools on 1 chain. The protocol has been operational for 2.3 years. BitU Protocol has been independently audited, with no recorded security incidents to date.
BitU Protocol's TVL of $24.1M is below the cdp category average of $28.6M. There are 211 protocols tracked in the cdp category.
Oracle Provider
—
Audited
Yes
Open Source
—
Hacks
None
Total Hacked
—
Audit Reports
No pool data available.
View all pools in Explorer →BitU Protocol is a cdp protocol with $24.1M in total value locked. It operates 0 pools across 1 blockchain, including Binance.
BitU Protocol currently has $24.1M in total value locked across 0 pools on 1 chain.
Yes, BitU Protocol has been independently audited.
No, BitU Protocol has no recorded security incidents in its history.
BitU Protocol operates on 1 chain: Binance.
Collateralized Debt Position (CDP) protocols allow users to lock up collateral and mint stablecoins or synthetic assets against it. The collateral must exceed the value of the minted tokens by a safety margin. If collateral value drops below the required ratio, positions can be liquidated to maintain system solvency.