YUSD/frxUSD
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.
Score | 49 |
|---|---|
24h Vol | $25.9K |
Liquidity | $39.3K |
Holders | 397 |
Audits | |
Age | 11 months |
FDV | $34.1M |
Market Cap | $36M |
| Addresses | |
|---|---|
| Pool | |
| YUSD |  |
| frxUSD | |
YUSD to frxUSD Converter
Score | 49 |
|---|---|
24h Vol | $25.9K |
Liquidity | $39.3K |
Holders | 397 |
Audits | |
Age | 11 months |
FDV | $34.1M |
Market Cap | $36M |
About YUSD (YUSD)
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.
YUSD/frxUSD Price Stats
The current price of YUSD (YUSD/frxUSD) on Curve is $0.9992, the price is up 0.28% in the last 24 hours. Its 24-hour trading volume is reported to be at $25,868.86 with a total of 8 transactions. YUSD/frxUSD contract address is 0x2cc565dde7c078a8e477763a34c40e52b13e6396, with a Fully Diluted Valuation (FDV) of $34.1M and a liquidity pool of $39,262.75.
