• Coins 17 046
  • Exchanges 1 272
  • Market Capitalization $3 449 246 364 600
  • 24h Trading Volume $122 993 764 946
  • Dominance BTC 59.73% ETH 9.10%

Aegis YUSD (yusd) Live Chart

Crypto Rank Name Current Price 24h Price Change Total Supply Circulating Supply
748
YUSD
Aegis YUSD logo Aegis YUSD YUSD
$ 1.00 -0.04% 41 607 523 41 607 523 X-Ray

Aegis 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.