USD8
USD8 is a stablecoin backed 1:1 by USDC. Holding USD8 earns an insurance score used to claim free cover against losses on selected DeFi tokens, paid from Cover Pools.
TVL history
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TVL by chain
Key facts
- Category
- Insurance
- Chains
- 1
- Token
- —
- Oracles
- —
- Audits
- 2
- Listed
- Oct 2026
Similar Insurance protocols
How this TVL is counted
TVL is the USDC reserve backing USD8 (held by the Treasury or deployed to its reserve strategies, read from Treasury.getReserveBalance) plus the assets deposited in USD8 Cover Pools (totalAssets of each pool listed by the Registry), excluding any USD8 Cover Pool since that USD8 is already backed by the reserve. Reserve USDC supplied to Morpho through a strategy is also counted in Morpho TVL.
Frequently asked questions
What is USD8’s TVL?
USD8 has $53.90K in total value locked, +18.35% over the last 7 days. TVL is the value of the crypto locked in its smart contracts.
Which chains is USD8 on?
USD8 runs on 1 chain; the most value sits on Ethereum ($53.90K).
What kind of protocol is USD8?
USD8 is listed under Insurance, where it ranks #15 by TVL.
Data aggregated from public third-party market sources. For informational purposes only — not investment advice.