CryptoCurrencies
18732
Exchanges
500
Total Market Cap
4,394,022,744,884
Volume 24h
289,896,342,751
Dominance
BTC 52.64%   ETH 12.97%   XRP 4.30%   USDT 3.87%

Aegis YUSD
YUSD

1.001
$
0.07 %
Change 24h
Market Cap
$ 31,981,735
Volume 24h
$ 335,049
Circulating Supply
31,966,191
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.