Updated 361 days ago

Gryphon

Built to supercharge your leverage. Maximize your yield by leveraging your assets with the first native stablecoin on Injective.

  • Crypto / Web3
  • Injective
  • DeFi
  • Liquid Staking
  • Restaking
  • Stablecoin

Members 1

Gryphon represents an innovative protocol seamlessly integrating LSD and a stablecoin (CDP) component into its framework. Think Jito + DAI seamlessly integrated under one roof to serve the Injective ecosystem and the greater Cosmoverse.

iUSD will provide a 3 headed solution:

1/ Capital Efficiency Perfect for DeFi applications looking for low volatility and price stability.

2/ Adaptable CDP Almost any blue chip network layer can collateralize their assets to mint iUSD.

3/ Compound Yield Backed by blue chip assets starting with Injective.

Market outlook:

  • Stablecoin market to soar to almost $3T in the next 5 years.
  • Stablecoin use to surge, as transaction values to grow 250% globally by 2028.

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As the pioneering Stablecoin protocol on Injective, Gryphon has already gained significant traction, boasting a rapid trajectory of a growing user base of more than 10,000 users on mainnet this month.