# USDG

Markdown version of https://ethbeat.org/tokens/ibIzBF/usdg

## Summary

- Category: stablecoin
- Last 24h volume: $21.66 M
- Last 24h transfer count: 3.36 K
- Last 24h avg. transfer time: 10s
- Last 24h avg. transfer value: $6.44 K
- Last 24h top path: Robinhood Chain ↔ Ethereum ($8.55 M)
- Top protocol (based on 24h volume): [LayerZero](https://ethbeat.org/interop/protocols/layerzero) (volume $15.65 M, 128 transfers)
- Protocols used: LayerZero, LI.FI, Across, Relay, 1inch Fusion+, deBridge DLN, Hyperlane Warp Routes, Meson
- Deployments: 5

## Volume and flows

### Top routes by volume (last 24h)

- Robinhood Chain → Ethereum: $5.97 M
- Arbitrum One → Ethereum: $3.35 M

The flows between all chains are an interactive graph on [the HTML page](https://ethbeat.org/tokens/ibIzBF/usdg#interop-volume).

## Top protocols

| # | Name | Category | Last 24h volume | Last 24h transfer count | Last 24h avg. transfer time | Last 24h avg. transfer value |
| --- | --- | --- | --- | --- | --- | --- |
| 1 | [LayerZero](https://ethbeat.org/interop/protocols/layerzero) (aggregate) | multichain | $15.65 M | 128 | 2m 3s | $122.30 K |
| 2 | [LI.FI](https://ethbeat.org/interop/protocols/lifi) | intent | $1.80 M | 1099 | 11s | $1.64 K |
| 3 | [Across](https://ethbeat.org/interop/protocols/across) | intent | $1.50 M | 1446 | 2s | $1.04 K |
| 4 | [Relay](https://ethbeat.org/interop/protocols/relay) | intent | $1.22 M | 438 | 2s | $2.80 K |
| 5 | [1inch Fusion+](https://ethbeat.org/interop/protocols/fusionplus) | intent | $1.10 M | 68 | 1m | $16.28 K |
| 6 | [deBridge DLN](https://ethbeat.org/interop/protocols/debridge-dln) | intent | $363.05 K | 179 | 10s | $2.02 K |
| 7 | [Hyperlane Warp Routes](https://ethbeat.org/interop/protocols/hyperlane-hwr) | multichain | $664.13 | 3 | 7s | $221.37 |
| 8 | [Meson](https://ethbeat.org/interop/protocols/meson) | intent | $52.23 | 1 | 4m 8s | $52.23 |

## Onchain deployments

| # | Chain | Address | Symbol | Minters | Last 24h volume | Last 24h transfer count | Last 24h avg. transfer time |
| --- | --- | --- | --- | --- | --- | --- | --- |
| 1 | Ethereum | [0xe343167631d89b6ffc58b88d6b7fb0228795491d](https://etherscan.io/address/0xe343167631d89b6ffc58b88d6b7fb0228795491d) | USDG | [LayerZero](https://ethbeat.org/interop/protocols/layerzero) | $14.26 M | 152 | 1m 29s |
| 2 | Robinhood Chain | [0x5fc5360d0400a0fd4f2af552add042d716f1d168](https://robin.etherscan.io/address/0x5fc5360d0400a0fd4f2af552add042d716f1d168) | USDG | [LayerZero](https://ethbeat.org/interop/protocols/layerzero) | $14.06 M | 3311 | 9s |
| 3 | Arbitrum One | [0x004b506865409877c9fa29bfb1eba929984b9bbc](https://arbiscan.io/address/0x004b506865409877c9fa29bfb1eba929984b9bbc) | USDG | [LayerZero](https://ethbeat.org/interop/protocols/layerzero) | $5.87 M | 22 | 1m 44s |
| 4 | Ink | [0xe343167631d89b6ffc58b88d6b7fb0228795491d](https://explorer.inkonchain.com/address/0xe343167631d89b6ffc58b88d6b7fb0228795491d) | USDG | [LayerZero](https://ethbeat.org/interop/protocols/layerzero) | $319.57 K | 7 | 1m 53s |
| 5 | HyperEVM | [0x9522133c663ba8c2a8a7b4f63dd2ac8dccce1505](https://hyperevmscan.io/address/0x9522133c663ba8c2a8a7b4f63dd2ac8dccce1505) | USDG0 | [LayerZero](https://ethbeat.org/interop/protocols/layerzero) | $188.67 K | 3 | 1m 39s |

### Backing relations

Burn-and-mint groups, whose deployments move between chains by burning on one and minting on another:

- Group 1: USDG, 4 deployments, burned and minted via [LayerZero](https://ethbeat.org/interop/protocols/layerzero); last 24h volume $21.67 M, 3.36 K transfers; deployments: Ethereum (0xe343...491d), Robinhood Chain (0x5fc5...d168), Arbitrum One (0x004b...9bbc), Ink (0xe343...491d)

Backing, where a deployment is minted against the one backing it:

- USDG0 on HyperEVM (0x9522...1505) is backed by group 1 (USDG, 4 deployments) via [LayerZero](https://ethbeat.org/interop/protocols/layerzero)

## Transfers

The interactive transfers table is shown on [the HTML page](https://ethbeat.org/tokens/ibIzBF/usdg#interop-transfers).