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About Nerite
Nerite is a decentralized stablecoin protocol deployed on Arbitrum that issues USDN, an overcollateralized USD-pegged stablecoin. It is a governance-minimized, friendly fork of Liquity V2 with an exclusive code license. Users open collateralized debt positions (Troves) by depositing assets such as WETH, wstETH, rETH, weETH, rsETH, ARB, COMP, or tBTC, and borrow USDN at an interest rate they choose and can adjust at any time. USDN is always redeemable 1:1 for $1.00 worth of underlying collateral. The protocol also features Stability Pools where USDN holders earn sustainable yield from borrower interest, liquidations, and incentives.
Happening now
AI generated 8h ago
NERI claimed first place in Broad Market daily price gains with a ↗25% surge since Monday evening.
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Trading Insights
Market Stats
Market Cap
₹2.81M
0.54%
FDV
₹3.38M
Circ. Supply
83M NERI
Max Supply
100M NERI
Total Supply
100M NERI
Diluted Valuation
₹3.38M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
₹488.45
6.21%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
₹0.03383
Price Change (1Y)
Not enough data
80.95%
Additional details
Market details
NERI vs markets
↘ 70.67%
NERI vs BTC
↘ 67.1%
NERI vs ETH
↘ 72.88%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Arbitrum | 0xcEC3ba7029d54d005275d3510960Cfe433811C59 |
Price history
Time | Price | Change |
|---|---|---|
Today | ₹0.03449 | |
1 Day | ₹0.03196 | |
1 Week | ₹0.03552 | |
1 Month | ₹0.0613 | |
1 Year | ₹0.00 |
Coinbase insights
Happening now
AI generated 8h ago
NERI claimed first place in Broad Market daily price gains with a ↗25% surge since Monday evening.
Market Position
•
Surged ↗96% in trading volume, significantly exceeding total crypto market's ↗71% increase
•
Weekly decline of ↘5%, underperforming Broad Market category average of ↗7%
•
Monthly performance shows ↘45% decline, trailing Broad Market category average of ↗8%
Recent trends
The latest NERI price is ₹0.03449. Compared to Nerite's value of ₹0.03 from 24 hours ago, there's been a -1% decrease, while the current price is -5% down from ₹0.04 which was recorded one week ago. Nerite's all time high is ₹0.03383, which was reached on July 7, 2026. This is a 2% change from its price today.
The current circulating supply of Nerite is 83,125,781. This is 83% of its max supply of 100,000,000 NERI and 83% of its total supply of 100,000,000. The market cap is currently ₹2.81M, which is a result of multiplying the current price of Nerite(₹0.03) by the total supply(100,000,000 NERI). The fully diluted valuation of Nerite is ₹3.38M. The diluted valuation of Nerite is ₹3.38M.
FAQ
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Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.