Universal LayerBank Token Price (ulab/CAD)
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Universal LayerBank Token market data
What Is Universal LayerBank Token (ULAB)?
LayerBank is a decentralized, non-custodial lending protocol (money market). Users supply assets to earn interest and borrow other assets against their collateral, with interest rates set algorithmically according to each market's utilization. LayerBank has been deployed on multiple EVM networks, with a separately audited Move implementation. On Robinhood Chain, an Arbitrum Orbit-based network, LayerBank operates lending markets for crypto assets such as USDG, WETH and cbBTC as well as tokenized equities such as NVDA and SPY. ULAB (Universal LayerBank Token) is the governance and utility token of the LayerBank protocol. It was issued on Robinhood Chain with a fixed supply of 100,000,000 tokens.