Aegis YUSD Price (yusd/CAD)
Aegis YUSD
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
Aegis YUSD market data
Trading Volume
24h
Circulating Supply
40,263,866.31956516
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
40,263,866.31956516
BID
N/A
ASK
N/A
What Is Aegis YUSD (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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