In a highly competitive DeFi environment, a single liquidity model is no longer sufficient to meet market needs. Here, Lista DAO quietly emerged to lead a new movement for USD1 liquidity through an innovative blend of liquidity stakes and the stablecoin lisUSD, adding harmonious balance to the Web3 world.
Rise of on-chain liquidity
The pulse of Lista DAO began with slisBNB deposits, as the number of users rose to over 520,000 by August 2025, with an annual yield reaching 7%. The total value locked (TVL) was around $1.3 billion.
In June 2025, a cross-chain deposit pool was launched in partnership with Etherfi, raising liquidity by 18%, with the number of transactions exceeding 120 million.
The stablecoin lisUSD, created through the CDP mechanism, reached 850 million lisUSD in circulation by August. Thanks to the AMO improvements in July, the price deviation decreased to 0.3%, supporting the lending needs of 400,000 users.
Environmental expansion and strategic partnerships
In April 2025, ListaPie was launched, attracting over 350,000 users by July with weekly rewards of 2.5 million LISTA.
With the support of Binance Labs, Lista DAO partnered with Renzo Protocol to launch the USD1 liquidity market, recording a monthly TVL growth of 22%.
In July, the "liquidity pulse" event gathered over 400 decentralized applications, increasing the share of lisUSD in the USD1 market to 28%.
The collaboration with Stakestone in August boosted slisBNB liquidity across chains and reduced transaction fees by 12%.
List of challenges and future prospects
Despite significant progress, risks remain. Data from July 2025 showed a liquidation of 5% of CDP positions due to market volatility, underscoring the system’s reliance on the insurance fund.
If Lista DAO can improve its liquidation protection mechanisms and expand its network of partnerships, it could become a cornerstone for the prosperity of USD1 liquidity on-chain.
Each "pulse" in Lista DAO represents a step toward greater harmony in DeFi, where liquidity and collaboration intertwine to form a new melody on-chain. As the project continues to grow, its core promise remains: to build a more balanced and liquid future on Web3.