Trading activity:
Reported 24-hour volume equals 0.02% of market capitalization. The local markets snapshot lists Kodiak V3 and WinnieSwap among venues with observed trading activity.
YearBull indicators:
This asset is classified as a stablecoin and is excluded from the analytical YearBull Rank, Bull Score, YB Market Risk, and Cycle sequence.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-10-27.Data history: 90 days available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Nectar (NECT)?
Source description
“Nectar (NECT) is an over-collateralised, Berachain native stablecoin issued through the Beraborrow protocol. At any time NECT can be redeemed against the underlying collateral at face value. To borrow, you must open a Den and deposit an approved Berachain asset as collateral. Beraborrow is a leading Berachain native CDP protocol. Unlike traditional CDP platforms, the Beraborrow protocol is powered by Proof-of-Liquidty (PoL), aligning incentives with borrowers and the Berachain ecosystem.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Nectar (NECT) FAQ
How does NECT’s over-collateralised borrowing model work?
NECT is presented as an over-collateralised stablecoin issued through the Beraborrow protocol. Borrowers open a Den and deposit an approved Berachain asset as collateral before borrowing NECT. Because the collateral value is intended to exceed the borrowed amount, the model is designed to support the token’s stability. The project does not specify the required collateral ratios or liquidation parameters here.
What does redeeming NECT at face value mean?
The project states that NECT can be redeemed at any time against the underlying collateral at face value. In practical terms, this means a holder may seek to exchange NECT for collateral based on its stated face-value mechanism rather than relying solely on an open-market sale. The conditions, fees, processing details, and collateral selection rules for redemption are not specified.
What is a Den in the Beraborrow protocol?
A Den is the borrowing position used within Beraborrow. To borrow NECT, a participant opens a Den and deposits an approved asset native to or supported by Berachain as collateral. The position links the collateral to the outstanding NECT balance. The project does not specify whether Dens are isolated by collateral type or how adjustments, repayments, and liquidations are handled.
How does Proof-of-Liquidity feature in Beraborrow’s model?
Beraborrow is presented as being powered by Proof-of-Liquidity, or PoL. The project says this mechanism aligns incentives among borrowers and the wider Berachain ecosystem, distinguishing its approach from traditional collateralised-debt-position platforms. However, the particular rewards, allocation rules, liquidity requirements, and governance processes associated with PoL are not specified.
What role does Berachain play in NECT’s design?
NECT is positioned as a Berachain-native stablecoin, while Beraborrow is described as a Berachain-native collateralised-debt-position protocol. Its stated design therefore connects issuance and borrowing to assets supported within the Berachain environment. The project does not specify the full list of approved collateral assets, the precise deployment architecture, or whether NECT is intended to circulate on other networks.
Nectar metric comparison
This comparison is a stored snapshot generated 2026-10-22 06:31 UTC from 291 daily observations available from 2025-12-30 through 2026-10-22. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$1.00
$1.00
$0.9989
+0.1%
n/a
Market cap
$4.73M
$4.73M
$4.71M
+0.1%
P79.7
YearBull Rank
n/a
n/a
n/a
n/a
n/a
Bull Score
n/a
n/a
n/a
n/a
n/a
Turnover
0.25%
0.16%
0.09%
+0.1 pts
P40.2
YB Market Risk
n/a
n/a
n/a
n/a
n/a
Cycle
Stable
Stable
Stable
Unchanged
n/a
Median absolute daily movement 0.55%; distance from the highest local daily price -3.5%; circulating supply change 0.0%. These measurements are descriptive and do not predict future direction.
YearBull Rank on this page
YearBull Rank data is not available at the moment for nectar.
Rank timeline (last 365 days)
Rank history is still being collected.The rank timeline will appear after two valid daily YearBull Rank snapshots are available.
Rank change (daily snapshots).
Reading rule: lower is better in this ranking.
7d window: current rank not available.
30d window: current rank not available.
Cycle context: If the 30d is noisy, increase the lookback to avoid over-reading. cycle shifts often show up as slope changes, not spikes.
Flow context: If the line improves during quiet periods, it can be accumulation. bursty volume can create temporary re-ordering.
Where it trades: If the line is step-like, watch for discrete market changes. a new route can show up as a step change.
Risk posture: If it is flat for long, the coin may be tracking the cohort. range behavior tells more than a single point.
YearBull Rank is an internal ordering on YearBull that positions a coin relative to the rest of the tracked universe. Lower rank numbers indicate stronger placement in the current snapshot. Use it as positioning context over time, not as a promise.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
Venue refresh pending. Markets last checked: 2026-07-26. The next refresh is queued in the hourly updater. Venue listings and volumes are stored snapshots, not live quotes.