Aegis YUSD (YUSD)$1.00
-0.07% (24H)
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Aegis YUSD current price is $1.00 with a marketcap of $13.02 M. Its price is -0.07% down in last 24 hours.
Aegis YUSD is a decentralized, Bitcoin-backed stablecoin designed to maintain a 1:1 peg to the US dollar while generating yield for its holders. YUSD is backed 1:1 by Bitcoin reserves held in custodial vaults and secured through smart contracts. The Aegis protocol employs a delta-neutral hedging strategy, where Bitcoin-margined perpetual contracts counterbalance BTC price fluctuations. This ensures that the value of YUSD remains stable at $1, independent of market volatility.
