USDbr
USDBR
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
USDBR (USDbr) is an algorithmic synthetic stablecoin developed by NOME Protocol on Berachain. The protocol exhibits critical structural weaknesses across all evaluation dimensions. Active development is effectively dormant with an anonymous team, no public commit activity, and an absence of independent third-party audits. Community engagement and on-chain liquidity are severely depressed, with TVL under $10K and near-zero daily volume. Most critically, USDBR has failed its core objective as a stablecoin, experiencing persistent depegging down to an all-time low of $0.8446 and sustained trading between $0.90 and $0.91 without stabilizing. While there is no evidence of smart contract exploits or malicious fraudulent activity, the protocol's algorithmic stabilization mechanism has proven ineffective against market realities.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About USDbr (USDBR)
USDbr (USDBR) is an algorithmic synthetic stablecoin developed by NOME Protocol on the Berachain network. Deployed via a fair launch model without venture capital backing or team pre-mines, the token is designed to maintain a 1:1 peg to the US dollar. It operates within a dual-token framework alongside the protocol's NOME token, utilizing an algorithmic stabilization mechanism with automated approximately six-hour elastic supply rebase cycles that allocate 90% of expansion supply toward Protocol-Owned Liquidity (POL).
Trading primarily on Berachain decentralized exchanges such as Kodiak and BeraHub, USDbr is integrated into local liquidity pools. However, the protocol faces significant structural and market challenges. USDBR has experienced a persistent depeg from its target $1.00 valuation, reaching an all-time low of approximately $0.8446 and frequently trading in the $0.90 to $0.91 range. The protocol has also experienced low on-chain participation, with minimal trading volume and depressed total value locked.
Governance and development are centralized around deployer administrative permissions, and the pseudonymous development team has not published third-party security audits. While the protocol has not experienced smart contract exploits or regulatory actions, active development has largely stalled, and the stabilization mechanisms have not restored the token to its target peg.