sjUSD Price (sjusd/CAD)
sjUSD
Currency
Official Site
GitHub
White Paper
Official Site
GitHub
White Paper
sjUSD market data
Trading Volume
24h
Circulating Supply
263,290.0869308127
100%
Volume / Market Cap
$0.00 / 0
Market Dominance
0%
Total Supply
263,290.0869308127
BID
N/A
ASK
N/A
What Is sjUSD (SJUSD)?
jUSD is a decentralized synthetic dollar issued by Aegis. It maintains a stable value close to $1 and is backed by collateral held in JLP, the liquidity provider token of the “Jupiter Perps” exchange. JLP earns yield from trading fees, funding payments, and liquidation revenue generated by perpetual futures markets. Price exposure from JLP is mitigated by shorting the corresponding perpetual futures for each underlying volatile asset. This creates a delta-neutral position that allows jUSD to function as a yield-generating digital dollar.
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