- Coins 0
- Exchanges 0
- Market Capitalization $0
- 24h Trading Volume $0
- Dominance
Elixir deUSD (deusd) Live Chart
| Crypto Rank | Name | Current Price | 24h Price Change | Total Supply | Circulating Supply | |
|---|---|---|---|---|---|---|
| 381 |
DEUSD
Elixir deUSD
DEUSD
| $ 1.00 | -0.40% | 153 078 224 | 153 078 224 | Start Trading |
Elixir deUSD (deusd)
deUSD ("decentralized US Dollar") is a fully collateralized synthetic dollar powered by the Elixir Network. Minted by stETH and sDAI, deposited collateral will be used to short ETH, creating a delta neutral position. Through leveraging this funding rate basis trade on Ethereum, the Elixir network creates a synthetic dollar capturing positive funding rates. Even in a negative funding rate environment however, deUSD is built to be resilient.
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