CryptoCurrencies
17595
Exchanges
500
Total Market Cap
3,893,846,362,562
Volume 24h
340,475,400,981
Dominance
BTC 60.26%   ETH 9.21%   XRP 4.23%   USDT 4.09%

Aegis YUSD
YUSD

0.9998
$
0.33 %
Change 24h
Market Cap
$ 26,656,471
Volume 24h
$ 216,765
Circulating Supply
26,662,472
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.