CryptoCurrencies
17623
Exchanges
500
Total Market Cap
4,074,444,400,086
Volume 24h
296,985,344,815
Dominance
BTC 57.66%   ETH 10.51%   XRP 4.92%   USDT 3.95%

BOOKUSD
BUD

1.049
$
2.21 %
Change 24h
Market Cap
$ 100,789
Volume 24h
$ 10,990
Circulating Supply
96,075
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.