CryptoCurrencies
19313
Exchanges
500
Total Market Cap
4,008,015,862,410
Volume 24h
274,740,233,662
Dominance
BTC 55.00%   ETH 11.67%   USDT 4.56%   BNB 3.95%

Aegis YUSD
YUSD

1.002
$
0.04 %
Change 24h
Market Cap
$ 37,692,291
Volume 24h
$ 24,740
Circulating Supply
37,640,442
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.