
EnHeng嗯哼|Aug 26, 2025 09:49
In the past three years, user activity in DeFi has almost stagnated, and the reason is simple: funds are scattered across different chains, making it hard to aggregate liquidity effectively. Users may hold assets, but they’re often stuck in the silo of a single chain.
River was born to solve this problem. It introduces a chain-abstracted stablecoin system: no matter which chain users collateralize BTC, ETH, BNB, or LST on, they can mint satUSD on another chain. Unlike traditional stablecoins that are limited to a single chain, River truly sets assets in motion, enabling seamless switching between ecosystems.
This model has already been validated by the market. On BNB Chain, River ranks #1 in stablecoin issuance and #4 across the entire network. Total value locked (TVL) has surpassed $400 million, with satUSD circulation exceeding $100 million. After integrating with protocols like Pendle, it attracted $7 million in arbitrage volume within just two weeks, with 90% of the funds already borrowed.
River offers different types of users the freedom to choose:
- Conservative: Stake satUSD or provide liquidity for annual yields in the double digits.
- Strategic: Engage in satUSD-USDT strategies for higher returns.
- Airdrop hunters: Hold YT-satUSD+ to max out point efficiency.
River positions itself as a neutral liquidity infrastructure, reconnecting fragmented funds and enabling frictionless stablecoin circulation across multiple chains.
Users can earn NFTs by depositing funds on specific dates. Collect all 7 to redeem a mystery NFT. The current tasks span Base, Sonic, and Hemi chains. The entry barrier is super low—just $0.1—and following the official tutorial takes only 2-3 minutes to complete. Even if you don’t collect them all, you can team up with friends to piece them together. Just dive in and give it a shot!
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