YUSD Stablecoin
[YUSD]YUSD Stablecoin Price
$ 0.986-0.55%
0.0000333-1.54%
High:$ 1.00
Low:$ 0.977
YUSD Stablecoin Market Cap
24h Trade Volume
Supply
All-Time-High (ATH) Price
YUSD Stablecoin Live Chart
YUSD Stablecoin price Index provides the latest YUSD price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.
The YUSD Stablecoin to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.
YUSD to USD Converter
YUSD Stablecoin Live Info Today
YUSD Stablecoin's current price is $ 0.986, it has dropped -0.55% over the past 24 hours.
YUSD Stablecoin's All Time High (ATH) of $ 1.09 was reached on 13 May 2022, and is currently -9.86% down.
The maximum supply of YUSD Stablecoin that will ever be issued is 141.99 Millions tokens, and the current supply of YUSD in circulation is 141.99 Millions tokens.
YUSD Stablecoin’s 24 hour trading volume is $ 21.31 Thousands.
YUSD Stablecoin's current share of the entire cryptocurrency market is 0.01%, with a market capitalization of $ 139.99 Millions.
What is YUSD Stablecoin
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.
