Nerite Protocol is a decentralized borrowing and stablecoin protocol on Arbitrum that lets borrowers mint USND, an overcollateralized crypto-backed stablecoin, at an interest rate they set themselves. Nerite's Twitter Score is 26 out of 1000 as of September 2026, ranking #37,176 (top 10%) among 486,037 tracked accounts.
Nerite was founded by Joseph Schiarizzi and operates as an authorized friendly fork of Liquity V2, holding exclusive rights to deploy its code on Arbitrum. The protocol inherits Liquity V2's market-driven monetary policy, meaning borrowers compete on interest rates rather than having rates imposed by a central governance vote. Nerite is backed by the Arbitrum Foundation.
Nerite's governance token, NERI, launched on March 24, 2026 with a fixed supply of 100,000,000 tokens. The protocol is governed by the Go Slow Foundation DAO LLC, a legal entity recognized in the Republic of the Marshall Islands. Smart contracts have been audited by Sherlock, 0xSimao, and independent auditors, with testing conducted by Octane.
Nerite works with several infrastructure and data partners: Superfluid enables the streamable stablecoin functionality, API3 serves as the oracle partner, Aragon supports governance infrastructure, and Summerstone provides broader infrastructure support. Nerite has published 713 posts on the platform and has been mentioned by 46 accounts a total of 93 times.
Who follows Nerite on X?
The accounts that follow Nerite include 91 founders, 28 angel investors, 41 influencers and 1 VCs, among them Arbitrum, 0xMaki, mikedemarais.eth, MoonPay, Austin Griffith and Ameen Soleimani.