Aegis YUSD YUSD
YUSD
1.002
$
0.32 %
Change 24h
Market Cap
$ 26,712,232
Volume 24h
$ 318,379
Circulating Supply
26,662,471
Total Supply
10,236,709
YUSD
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
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.