Aegis YUSD
YUSD

1.000
$
0.03 %
Change 24h
Market Cap
$ 19,182,900
Volume 24h
$ 478,832
Circulating Supply
19,187,300
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.