CryptoCurrencies
17855
Exchanges
498
Total Market Cap
3,932,476,914,685
Volume 24h
336,203,564,602
Dominance
BTC 57.34%   ETH 10.80%   XRP 4.55%   USDT 4.17%

Aegis YUSD
YUSD

0.9994
$
0.06 %
Change 24h
Market Cap
$ 29,723,623
Volume 24h
$ 228,168
Circulating Supply
29,738,524
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.