YUSD

Aegis YUSD

Price: $0.9986
24h: +0.0%
7d: −0.1%
Market cap: $34.5M
24h volume: $238.9K

ethereum 0x4274cd7277c7bb0806bd5fe84b9adae466a8da0a

Aegis YUSD (YUSD) is a stablecoin on Ethereum. 34.6M are in circulation, with no maximum. It ranks 591st by market capitalisation among the coins tracked here. The project publishes its website, whitepaper, source and explorer.

Aegis YUSD is a decentralized, Bitcoin-backed stablecoin designed to maintain a 1:1 peg to the US dollar while generating yield for its holders. YUSD is backed 1:1 by Bitcoin reserves held in custodial vaults and secured through smart contracts. The Aegis protocol employs a delta-neutral hedging strategy, where Bitcoin-margined perpetual contracts counterbalance BTC price fluctuations. This ensures that the value of YUSD remains stable at $1, independent of market volatility.

Aegis YUSD's own description, via CoinGecko. We did not write it and we are not endorsing it.

Circulating: 34.6M
Total supply: 34.6M
Max supply: No cap

Supply as of 23h ago

Official links

We have not checked these links yet.