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Argo USD

Argo USD USDA Price $ 0.991

5 Watchlists

Stablecoin

USDA Price

0.991
0.86%
(-$ 0.0086)
Price Range
LowHigh
$ 0.958$ 1.01

General Info

Contracts/Explorers:

Explorers

Tags (Sub-Categories):

#Token

Description

USDA is a USD stablecoin on Aptos fully-backed by high-quality assets

Argo USD (USDA) Chart

Argo USD price Index provides the latest USDA price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

USDA to USD Converter

Argo USD (USDA)USDA

USDA Price Statistics

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Market Cap

N/A

Fully diluted value

FDV

N/A

24 Trade Vol.

$ 22.56

Listing Date

9 Mar 2023

All Time High

$ 1.78

1 Apr 2024


All Time Low

$ 0.858

15 Oct 2023


From ATH

44.2%

From ATL

15.5%

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 $ 0.991, it has dropped -0.86% over the past 24 hours.

Argo USD's All Time High (ATH) of $ 1.78 was reached on 1 Apr 2024, and is currently -44.2% down.

You can find more details about Argo USD on its official website and on the block explorer.

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