CryptoCurrencies
19156
Exchanges
500
Total Market Cap
4,013,707,830,098
Volume 24h
859,407,574,902
Dominance
BTC 55.72%   ETH 11.37%   USDT 4.47%   BNB 3.86%

Synatra Staked USDC
YUSD

1.430
$
0.24 %
Change 24h
Market Cap
$ 4,670,968
Volume 24h
$ 19,853
Circulating Supply
3,271,048
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.