ATH Market Cap
24h Trade Volume
Vol (24h) / MCap
All Time High
22 Sep 2023
The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future.
The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH.
eUSD is an interest-bearing, over-collateralized stablecoin that ensures safety and stability. The Lybra Foundation and LybraDAO community firmly believe that a decentralized stablecoin is essential for both enterprises and individuals to fully harness the benefits of cryptocurrency. By offering an interest-bearing stablecoin supported by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with confidence and security
eUSD's current price is $ 1.07, it has dropped -0.23% over the past 24 hours.
eUSD's All Time High (ATH) of $ 1.14 was reached on 22 Sep 2023, and is currently -5.95% down.
The current circulating supply of eUSD is 22.79 Million tokens, and the maximum supply of EUSD is unlimited.
eUSD’s 24 hour trading volume is $ 128.39 Thousands.
eUSD's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 24.45 Million.