The Almighty US Dollar...onchain, with no trust issues.
A Decentralised Stablecoin for Crypto Natives. Deposit ETH as collateral and mint USDeAD at 0% interest. Stable. Secure. Verifiable. 100% Onchain. Created by DEADBOX.
80%
Max LTV
$1.00
Peg
0%
Interest
$1.20+
ETH BACKING PER USDEAD
Backed by ether,
not blind faith.
Every USDeAD is >115% over-collateralised, on-chain.
- Secure Collateral — ETH & LST locked in audited contracts, minimum 125% collateral ratio.
- Trustless Protocol — No intermediaries, no admins, no central control. Code protects your assets.
- Zero Interest — Mint and hold USDeAD with no charges, only a 1% vault exit fee.
- Instant Minting — Deposit ETH & LSTs to mint instantly, burn anytime to reclaim collateral.
- Real-time Monitoring — Track collateral ratio, health factor and position value live.
- Capital Efficiency — Use minted USDeAD across DeFi while keeping exposure to ETH & LST upside.
The Deposit ETH or LSTs at a 125% floor, mint USDeAD stablecoin and payback anytime. Lets build true defi together
Comparison
No Competition.
See how USDeAD compares to other stablecoins across key features.
| Coin | Decen. | Blacklist | Collat. | Cost |
|---|---|---|---|---|
USDeAD Best | Fully | None | ETH, LSTs | 1% exit |
| USDT | No | Yes | Fiat | 3–8% |
| USDC | No | Yes | Fiat | 3–8% |
| DAI | Partial | None | Multi | Variable |
| LUSD | Yes | None | ETH | 0.5–2% mint |
USDeAD is available to mint on ETH Mainnet, Base, OP, Arbitrum, Scroll & MegaETH.
LayerZero OFT
Multichain from
Day Zero.
LayerZero for seamless cross-chain transfers.
A card to bring your
DEAD tokens to LIFE.
Your keys, your card, your spend.
Connect your non-custodial account and spend your USDeAD in the real-world. COMING SOON.
Protocol Metrics
Growing Every Day.
Live protocol pulse — collateral, supply, and vault activity.
Total Value Locked
$4.12M
Across chains
Active Vaults
142
Open positions
Collateral Locked
2.89K ETH
ETH & LSTs
Total USDeAD Supply
2.26M
Stablecoin
Audited by
© DEADBOX 2026. ALL RIGHTS RESERVED.