CryptoCurrencies
16977
Exchanges
500
Total Market Cap
3,132,805,334,237
Volume 24h
182,435,992,439
Dominance
BTC 60.30%   ETH 6.94%   USDT 4.66%   XRP 4.10%

Aegis YUSD
YUSD

1.001
$
0.01 %
Change 24h
Market Cap
$ 16,844,506
Volume 24h
$ 568,011
Circulating Supply
16,838,433
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.