Aegis YUSD

YUSD#456

StablecoinsUSD StablecoinBNB Chain Ecosystem+4 more

$0.99

-0.04% 24h-0.28% 7d

Price

Extremes$0.87

$1.17

Market Data

Day

Open$1.00

High$1.00

Low$0.99

Market

Vol 24h$0.00

Mkt Cap$40.37M

FDV$40.37M

Supply

Circ.40.66M YUSD

Total40.66M YUSD

Max∞

About Aegis 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.

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