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YUSD Stablecoin YUSDPrice $ 0.979
YUSD Price
General Info
Contracts/Explorers:
Avalanche C-Chain
Funds and Backers
YUSD Stablecoin (YUSD) Chart
YUSD to USD Converter
YUSD
What is YUSD Stablecoin (YUSD)?
YUSD is an over-collateralized USD-pegged stablecoin issued by Yeti Finance. It has multiple mechanisms to keep its price stable and pegged at $1. YUSD can be minted by depositing collateral on Yeti Finance. The ability to redeem YUSD for collateral at face value (i.e. 1 YUSD for $1 of collateral) and to mint YUSD against USDC at a minimum collateral ratio of 103% creates a price floor and price ceiling respectively through arbitrage opportunities.
Yeti Finance is a cutting edge decentralized borrowing protocol built on Avalanche that allows users to borrow up to 11x against base assets like WETH, staked assets like Liquid AVAX, LP tokens - and 21x on yield-bearing stablecoins, all at a 0% interest rate.
YUSD Stablecoin Price Today
YUSD Stablecoin's current price is $ 0.9793, it has dropped -1.14% over the past 24 hours.
YUSD Stablecoin's All Time High (ATH) of $ 1.17 was reached on 11 Nov 2024, and is currently -17% down.
The current circulating supply of YUSD Stablecoin is 14.86 Million tokens, and the maximum supply of YUSD Stablecoin is 14.86 Million.
YUSD Stablecoin’s 24 hour trading volume is $ 22.53.
YUSD Stablecoin's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 14.55 Million.
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