Live Protocol Data

USD Protocol Stats

Real-time metrics and analytics for the $100 trillion fiat chain running on proof-of-violence consensus

USD Chain Live Stats

Global Reserve Currency • 60% of FX Reserves • $7.5T Daily Volume

Network Status

Operational

Native Token

USD ($)

Total Supply (M2)

$21.9T

Inflation (CPI)

2.9%

FOMC Cycles

8/year

Governance

12-member multisig

Active Protocols

USD Dominance

60.2%

USD Chain TVL

$150T

Total Financial Assets

+4.2%

Base Rate APY

5.25-5.50%

Fed Funds Target

Stable

Network Nodes

4,049

Banks + Fed Reserve

-156

24h Volume

$7.5T

FX + Securities + Payments

Global FX Reserves

60.2%

USD share of reserves

+0.3%

Offshore USD

$15T

Eurodollars outside Fed

+8.1%

Protocol Revenue

$4.9T/yr

Tax collection (2023)

Defense Budget

$816B

Proof-of-violence consensus

Core Protocol Layers & Bridges

SWIFT Network

200+ countries participants • Primary bridge utilized

$150T/yr

11,000 banks APY

Fedwire

Domestic participants • High-value settlement utilized

$4T/day

5,700 nodes APY

CHIPS

International participants • Cross-border clearing utilized

$1.8T/day

43 banks APY

ACH Network

Retail participants • Low-value batched utilized

$72T/yr

10,000 nodes APY

Fed Facilities

Bank Reserves

4,049 participants • 100% utilized

$3.4T

5.40% APY

ON RRP

124 participants • 24% utilized

$0.6T

5.30% APY

Sovereign Chain Comparison

USD Chain

60% reserves

$7.5T daily

88% of FX trades

EUR Chain

20% reserves

$2.3T daily

31% of FX trades

JPY Chain

5.5% reserves

$1.5T daily

17% of FX trades

CNY Chain

2.8% reserves

$0.4T daily

7% of FX trades

Protocol Risks

• $33T protocol debt (123% GDP)
• Infinite mint capability
• 12-member FOMC multisig
• External chain holdings: $8T

Seigniorage Revenue

$172B/year

Fed remittances + IORB spread

FDIC Insurance

$127.9B

Covers $10.5T in deposits

Protocol Comparison Matrix

Protocol	Type	Native Token	TVL	APY	Validators	Permission	Max Leverage	Governance	Risk Type
Federal Reserve TradFi	Base Layer	USD	$7.1T	5.40%	12	Permissioned	Unlimited	Appointed	Sovereign
Ethereum DeFi	Base Layer	ETH	$400B	3.5%	900k+	Permissionless	N/A	Rough Consensus	Protocol
JPMorgan Chase TradFi	Commercial Bank	USD	$3.9T	0.01-5%	Fed	KYC Required	10:1	Shareholders	FDIC Insured
Aave V3 DeFi	Lending Protocol	Multi-asset	$6.8B	3-8%	Ethereum	Permissionless	80-95%	AAVE Token	Smart Contract
European Central Bank TradFi	Central Bank	EUR	$5.2T	4.00%	25	Permissioned	Unlimited	Appointed	Sovereign
MakerDAO DeFi	Stablecoin CDP	DAI	$5.2B	5.00%	Ethereum	Permissionless	150%	MKR Token	Smart Contract
NYSE TradFi	Stock Exchange	USD	$25T	N/A	SEC	Accredited	2:1 retail	ICE Inc.	Market
Uniswap V3 DeFi	DEX	Multi-asset	$3.8B	5-100%	Ethereum	Permissionless	N/A	UNI Token	IL + Contract
Fed Funds Market TradFi	Money Market	USD	$100B	5.33%	Fed	Banks Only	Unsecured	FOMC	Counterparty
Compound V3 DeFi	Money Market	Multi-asset	$2.1B	3-7%	Ethereum	Permissionless	75-90%	COMP Token	Smart Contract
CME TradFi	Derivatives	USD	$100T+	N/A	CFTC	Accredited	100:1+	CME Group	Clearinghouse
dYdX V4 DeFi	Derivatives	USDC	$400M	Variable	Own Chain	Permissionless	20x	DYDX Token	Smart Contract

💵 Native Token

USD is the native token of the US financial system. The Fed has exclusive mint() privileges. All other protocols (banks, markets) build on top of USD as the base asset.

🔍 Key Insight

The Fed operates with unlimited leverage and no slashing conditions—imagine if Aave validators could mint infinite collateral and never get liquidated.

💡 DeFi Perspective

TradFi "protocols" have 1000x more TVL but operate with admin keys, KYC gates, and discretionary parameter updates—the antithesis of DeFi values.