CryptoCurrencies
17040
Exchanges
500
Total Market Cap
3,410,129,257,042
Volume 24h
223,621,234,835
Dominance
BTC 60.19%   ETH 8.83%   USDT 4.49%   XRP 3.63%

Aegis YUSD
YUSD

0.9998
$
0.04 %
Change 24h
Market Cap
$ 24,596,070
Volume 24h
$ 449,553
Circulating Supply
24,601,784
Total Supply
10,236,709
YUSD
$
# Exchange Pair Price Volume 24h

Description

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.