CryptoCurrencies
17024
Exchanges
500
Total Market Cap
2,830,710,824,812
Volume 24h
58,067,817,428
Dominance
BTC 59.71%   ETH 6.82%   USDT 5.11%   XRP 4.30%

Synatra Staked USDC
YUSD

1.330
$
0.01 %
Change 24h
Market Cap
$ 3,130,729
Volume 24h
$ 1.970
Circulating Supply
2,357,078
Total Supply
512,566
YUSD
$
# Exchange Pair Price Volume 24h

Description

Synatra is a synthetic staking protocol on Solana. Users may stake SOL or USDC in the protocol, which gets deployed through various strategies to earn yield. Some of the yield generation strategies we use include cash-carry, hedge-carry, lending, leveraged staking, NFT collateralized lending, and airdrop farming. yUSD is the receipt token which can be used to unstake the USDC and claim back the principle plus interest accrued. We gave grown to about $4.5M of TVL which earns roughly $1-1.25M revenue annually.