Doppler Finance Posts 100.27% Overcollateralization in Q3 Update

Doppler Finance held $115.51 million in collateral assets against $115.19 million in assets deposited in its vaults or awaiting withdrawal as of Sept. 12, resulting in a 100.27% overcollateralization ratio. XRP vault users held 82,663,435.12 XRP, valued at approximately $112.12 million. Another 1,000,467.33 XRP, worth about $1.36 million, was awaiting withdrawal. The XRP Ledger RLUSD vault held 1,504,350.42 RLUSD, while 54,385.69 RLUSD was pending withdrawal. The RLUSD vault on Ethereum held 151,346.85 RLUSD. Assets held through Fireblocks totaled $4,078,742. The figures formed part of Doppler Finance's third-quarter transparency update. John Kim reports on the digital-asset business for TokenPost.

Source: TokenPost