CryptoCurrencies
18267
Exchanges
500
Total Market Cap
4,271,000,669,851
Volume 24h
180,123,673,671
Dominance
BTC 53.62%   ETH 13.47%   XRP 4.25%   USDT 3.91%

Aegis YUSD
YUSD

1.000
$
0.02 %
Change 24h
Market Cap
$ 30,041,054
Volume 24h
$ 95,309
Circulating Supply
30,038,116
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.