CryptoCurrencies
18002
Exchanges
500
Total Market Cap
4,173,725,083,486
Volume 24h
206,963,492,499
Dominance
BTC 55.58%   ETH 12.03%   XRP 4.70%   USDT 3.94%

BOOKUSD
BUD

1.046
$
2.85 %
Change 24h
Market Cap
$ 72,771
Volume 24h
$ 1412.6
Circulating Supply
67,631
Total Supply
1,005,478
BUD
$
# Exchange Pair Price Volume 24h

Description

BUD is a decentralized stablecoin designed to maintain a soft peg to the US Dollar. It is the native stablecoin of the BOOKUSD protocol, a borrowing platform deployed on the BNB Chain. Users can mint BUD by depositing BOOK tokens as collateral, enabling access to on-chain liquidity without needing to sell their assets. The BOOKUSD protocol is a fork of Liquity V1, originally built on Ethereum, but modified to use BOOK—an asset native to the BNB Chain—instead of ETH as collateral. The protocol offers interest-free borrowing and operates with a liquidation mechanism based on collateral ratios and stability pools to maintain system health.