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Argo USD USDAPrice $ 0.489
USDA Price
General Info
Contracts/Explorers:
Aptos
Argo USD (USDA) Chart
USDA to USD Converter
USDA
What is Argo USD (USDA)?
USDA is a dollar-pegged stablecoin over-collateralized by yield-earning tokens deposited into Argo. USDA is valued at $1.00 when used for borrowing and repaying on Argo. USDA can be used like any other stablecoin. When a user opens a vault and borrows, USDA gets minted and sent to the user's wallet. Argo then charges an interest rate on USDA debt, based on the type of yield-earning asset engine. When USDA debt is repaid, the initial loan amount of USDA is burned, and the accrued interest is paid to the protocol treasury.
Argo is a lending protocol on Aptos that lets users collateral for minting and borrowing a dollar-pegged stablecoin USDA. Argo unlocks liquidity for otherwise idle assets deployed in the Aptos ecosystem, and is currently live on mainnet.
Argo USD Price Today
Argo USD's current price is $ 0.4887, it has increased +2.87% over the past 24 hours.
Argo USD's All Time High (ATH) of $ 1.77 was reached on 1 Apr 2024, and is currently -72.5% down.
The current circulating supply of Argo USD is 249.98 Million tokens, and the maximum supply of Argo USD is N/A.
Argo USD’s 24 hour trading volume is $ 15.53.
Argo USD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 122.18 Million.
You can find more details about Argo USD on its official website and on the block explorer.
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