Aegis YUSD YUSD
YUSD
1.000
$
0.03 %
Change 24h
Market Cap
$ 24,256,500
Volume 24h
$ 937,689
Circulating Supply
24,264,100
Total Supply
10,236,700
YUSD
$
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.