BUD
BOOKUSD
- Price
- $1.04
- 24h
- −1.2%
- 7d
- +1.6%
- Market cap
- $10.5K
- 24h volume
- $47
binance-smart-chain
0xc28957e946ac244612bcb205c899844cbbcb093d
BOOKUSD (BUD) is a stablecoin on BNB Chain. 10.1K are in circulation, with no maximum. It ranks 11539th by market capitalisation among the coins tracked here. The project publishes its website, source, explorer and X.
BUD is a decentralized stablecoin designed to maintain a soft peg to the US Dollar. It is the native stablecoin of the BOOKUSD protocol, a borrowing platform deployed on the BNB Chain. Users can mint BUD by depositing BOOK tokens as collateral, enabling access to on-chain liquidity without needing to sell their assets.
The BOOKUSD protocol is a fork of Liquity V1, originally built on Ethereum, but modified to use BOOK—an asset native to the BNB Chain—instead of ETH as collateral. The protocol offers interest-free borrowing and operates with a liquidation mechanism based on collateral ratios and stability pools to maintain system health.
- Circulating
- 10.1K
- Total supply
- 10.1K
- Max supply
- No cap
Supply as of 3h ago