CryptoCurrencies
16970
Exchanges
500
Total Market Cap
3,436,123,317,216
Volume 24h
305,599,832,796
Dominance
BTC 59.59%   ETH 8.14%   USDT 4.36%   XRP 4.02%

Aegis YUSD
YUSD

1.001
$
0.00 %
Change 24h
Market Cap
$ 19,210,971
Volume 24h
$ 421,547
Circulating Supply
19,187,267
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.