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YUSD Stablecoin

YUSD Stablecoin YUSD Price $ 0.989

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Stablecoin

YUSD Price

0.989
2.17%
(-$ 0.0219)
Price Range
LowHigh
$ 0.976$ 1.02

General Info

Contracts/Explorers:

Avalanche C-Chain

Tags (Sub-Categories):

#Token

Funds and Backers

Description

YUSD is an over-collateralized USD-pegged stablecoin issued by Yeti Finance

YUSD Stablecoin (YUSD) Chart

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 (YUSD)YUSD

YUSD Price Statistics

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Market Cap

$ 14.70M

FDV

$ 14.70M

ATH Market Cap

$ 300.79M

24 Trade Vol.

$ 0.00


Vol. (24h) / MCap

0.00

Total Supply

YUSD 14,864,947

Circulating Supply

YUSD 14.86M

(100% of Total Supply)

Listing Date

18 Apr 2022

All Time High

$ 1.16

13 Dec 2023


All Time Low

$ 0.087

26 Feb 2024


From ATH

14.5%

From ATL

1,037%

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 $ 0.989, it has dropped -2.17% over the past 24 hours.

YUSD Stablecoin's All Time High (ATH) of $ 1.16 was reached on 13 Dec 2023, and is currently -14.5% 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 current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 14.70 Million.

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