According to official news from Odaily Planet Daily, less than 24 hours after the launch of the USDD Ethereum native version airdrop incentive activity, its total locked volume (TVL) has exceeded one million US dollars, reaching US$1,256,162.

USDD officially launched natively on Ethereum on September 8th, and in partnership with Merkl, launched a tiered APY incentive program with rewards up to 12%. Eligible users simply hold the Ethereum-native USDD in their Ethereum wallet to earn rewards based on daily TVL snapshots, with an APY of up to 12%. Rewards can be claimed periodically or as a lump sum through the Merkl Dashboard.