CryptoCurrencies
17613
Exchanges
500
Total Market Cap
4,130,314,178,420
Volume 24h
251,181,391,897
Dominance
BTC 56.89%   ETH 10.84%   XRP 5.00%   USDT 3.91%

Aegis YUSD
YUSD

1.001
$
0.00 %
Change 24h
Market Cap
$ 27,409,048
Volume 24h
$ 103,982
Circulating Supply
27,390,019
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.