Aegis YUSD (YUSD) Price
YUSD RANK #555The price of Aegis YUSD (YUSD) is calculated in real-time by aggregating the latest data across 5 exchanges and 9 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. 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. YUSD tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Aegis YUSD is PancakeSwap V3 (BSC), where the most active trading pair YUSD/WBNB has a trading volume of $942.25 in the last 24 hours. Other popular options include Uniswap V4 (Ethereum) and Uniswap V3 (Ethereum).
