River
Wat dit is
River is a chain-abstraction protocol that issues a stablecoin called satUSD, designed to let users work with assets across multiple blockchains without moving those assets through a bridge. The core problem it claims to address is the fragmentation of liquidity and collateral across separate blockchain ecosystems. It is aimed at users who want to earn yield, take leveraged positions, or access liquidity on one chain while their collateral remains on a different chain entirely.
River operates within the BNB Chain and Base ecosystems and centers on what it calls an omni-CDP, or collateralized-debt-position, module. This module allows a user to lock collateral on one chain and mint satUSD on a different chain without bridging the underlying assets. The RIVER token is the native asset of this system; beyond its role in the ecosystem the data stored here does not specify its precise governance or fee-capture mechanics.
The data stored for River does not include a fee stream, so this site carries no fee-based measures such as fee revenue or fee yield for this asset. What the data does show is that 19.6 percent of the 100,000,000 maximum supply is currently circulating, giving a circulating supply of 19,600,000 RIVER as of the point-in-time snapshot. The fully diluted valuation is approximately 5.1 times the current market capitalization, reflecting the large volume of tokens not yet in circulation. The remaining roughly 80.4 percent of supply that has not yet been issued represents a dilution overhang of about 410 percent relative to the circulating supply.
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