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Bucket Protocol V2 Review: What to Check First

Bucket Protocol is a Sui collateralized-debt protocol, but its V2 costs, collateral rules and stablecoin naming need confirming before you deposit.

By the SkyBitcoins review team · Updated

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At a glance

Bucket Protocol V2 key facts

Bucket Protocol V2 key facts
TypeSui collateralized-debt protocol
BorrowingProtocol description names BUCK loans
AuditsNo audits listed
StablecoinHomepage metadata names USDB
ChainsSui
TokenBKT
Value locked$26.2M−3.1% 7d
Updated

Bucket Protocol V2 FAQs

What is Bucket Protocol V2?

Bucket Protocol is described as a Sui collateralized-debt-position (CDP) protocol. Its description says users can borrow the BUCK stablecoin against collateral, but the specific supported assets and V2 terms are not established here.

Does Bucket Protocol use BUCK or USDB?

The protocol description names BUCK, while the official homepage metadata refers to USDB. Confirm which stablecoin and contract apply to the version you plan to use before transferring assets.

Has Bucket Protocol been audited?

No audits are listed for the project. That does not prove the contracts are unaudited, but you should not treat them as audited without checking for a published, relevant audit report.

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How we checked

Sources

  1. defillama.com/protocol/bucket-protocol-v2(opens in a new tab)

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