Elixir deUSD
deUSD ("decentralized US Dollar") is a fully collateralized synthetic dollar powered by the Elixir Network. Minted by stETH and sDAI, deposited collateral will be used to short ETH, creating a delta neutral position.
Through leveraging this funding rate basis trade on Ethereum, the Elixir network creates a synthetic dollar capturing positive funding rates. Even in a negative funding rate environment however, deUSD is built to be resilient.
| Symbol |
deusd |
| Current Price |
$1.00100000 |
| Market Cap |
$145,325,589 |
| Market Cap Rank |
329 |
| 24h Change |
-0.04%
|
| Circulating Supply |
145,213,533 |
| Total Supply |
145,213,533 |
| All-Time High |
$1.01300000 |
| All-Time Low |
$0.98937300 |
| Twitter Followers |
91,660 |
| Last Updated |
2024-09-21T19:30:33.877Z |
Developer Data
| Forks |
0 |
| Stars |
0 |
| Subscribers |
0 |
| Total Issues |
0 |
| Closed Issues |
0 |
| Pull Requests Merged |
0 |
| Pull Request Contributors |
0 |
| Commit Count (Last 4 Weeks) |
0 |