BFUSD (BFUSD) Price

BFUSD is a Binance-only, reward-bearing asset redeemable to a USD-denominated stablecoin on the exchange. Rewards are sourced from delta-neutral funding-fee strategies and staking, supported by a Reserve Fund and a transparency dashboard. BFUSD can be used as collateral in USDⓈ-M Futures with near-full collateral value while continuing to earn daily rewards. It is not on-chain and cannot be withdrawn. Access moved to Binance Simple Earn on 14 Aug 2025. USDC support for BFUSD subscriptions/redemptions ends on 25 Aug 2025; USDT remains supported. Reported reserve ratio ~100.86% and indicative APR ~3% as of Aug 2025.

BFUSD is a reward-bearing asset issued by Binance for use within its platform. It is redeemable for a USD-denominated stablecoin (exchange credit) on Binance and pays daily rewards on eligible balances. BFUSD can serve as collateral in USDⓈ-M Futures while rewards continue to accrue. It is not a blockchain token and cannot be withdrawn on-chain. Binance has stated that BFUSD is not a stablecoin. # How it works (rewards and value stabilisation) Reward sources: Binance indicates rewards are funded by delta-hedging/funding-fee strategies and staking (e.g., ETH via Binance Earn/WBETH). A dedicated BFUSD Reserve Fund is maintained to support the strategy. Value stabilisation: A delta-hedging approach (long spot and short futures) is used to align BFUSD’s redemption value to ~1 USD equivalent. Transparency: A BFUSD data dashboard publishes supply, reserve fund and “System Collateral Ratio” figures.

Yield-generating balance: Holding BFUSD earns daily rewards; no separate staking action is required. Futures collateral: In Multi-Assets Mode, BFUSD counts as margin with near-full collateral value, allowing users to earn while maintaining futures positions. Binance Earn access: From 14 August 2025, BFUSD subscriptions are available via Binance Simple Earn following a product transition. Redemption: BFUSD is redeemable to a USD stablecoin within Binance. USDC support for BFUSD subscriptions/redemptions ends on 25 August 2025; USDT remains supported. BFUSD itself is not depositable or withdrawable.