Open Dollar
Open Dollar is a stablecoin protocol backed by LSTs and Arbitrum-native token deposits with tradable vaults.
What is Open Dollar?
Open Dollar is a stablecoin protocol on Arbitrum that lets users borrow against and leverage their deposited assets while keeping 100% of their yield. Loans are encapsulated with NFTs allowing the users to transfer or sell them even with outstanding debt. NFT-controlled loans give users more options to better manage their positions and avoid liquidation.
Web3 dapps and developer tools related to Open Dollar
Discover blockchain applications that are frequently used with Open Dollar.
HypurrFi
Ape Finance
Auro Finance
Avalon Labs
Developer resources from Alchemy
What are cross-border digital payments?
Learn how correspondent banking works and how stablecoins are cutting costs by up to 80%.
Cronos is now live on Alchemy
Alchemy has launched support for Cronos, a purpose-built settlement layer for stablecoins and tokenized assets. Connect via RPC and build with gasless transaction infrastructure.
How to scale to 30,000 requests per second. The story behind Usual's seamless airdrop
Usual aims to put ownership back in the hands of its users, by ensuring that value flows back to the community rather than concentrating at the top, paving the way for a fair and community-driven future for stablecoins and token-based finance.
Open Dollar alternatives
Explore web3 competitors and apps like Open Dollar.
River Inc
Frax Finance
3A DAO
mStable
App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
