CryptoCurrencies
19081
Exchanges
500
Total Market Cap
4,571,176,152,648
Volume 24h
337,748,080,254
Dominance
BTC 53.99%   ETH 12.35%   XRP 3.89%   USDT 3.88%

Aegis YUSD
YUSD

0.9986
$
0.18 %
Change 24h
Market Cap
$ 35,160,340
Volume 24h
$ 1,504,769
Circulating Supply
35,109,423
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.