USD.AI 

CHIP Price

What is USD.AI (CHIP) crypto?

USD.AI is a permissionless lending protocol that finances AI infrastructure. GPU data-center operators borrow against tokenized GPU clusters under the protocol's CALIBER framework, which creates legally enforceable collateral structures for financed hardware. The protocol runs a two-token model: USDai, a synthetic dollar overcollateralized by PayPal PYUSD via the M0 Protocol, and sUSDai, a yield-bearing token. CHIP is the governance token of USD.AI. Holders vote on protocol parameters and USD.AI Improvement Proposals (UIPs).

How does USD.AI's GPU-backed lending finance AI infrastructure?

GPU operators borrow stablecoins against tokenized GPU clusters. The CALIBER framework packages financed hardware into legally enforceable collateral, so lenders hold a claim on physical equipment if a borrower defaults. Depositors supply USDai, a synthetic dollar overcollateralized by PayPal PYUSD via the M0 Protocol, and earn yield through sUSDai, which accumulates GPU-loan interest plus T-Bill returns. The issuer published a MiCA white paper dated February 18, 2026, positioning USDai under EU stablecoin rules.

What does the CHIP governance token do?

CHIP is the governance token of USD.AI. Holders vote on loan standards, risk parameters, interest rates, curator approvals, and USD.AI Improvement Proposals (UIPs) through the protocol's governance portal, which launched in October 2026. The team brands CHIP as the "pricing engine for AI debt". CHIP does not accrue yield itself; yield from GPU-backed loans flows to sUSDai holders.

How many CHIP tokens exist and on which chains?

CHIP has a fixed maximum supply of 10,000,000,000 tokens, equal to total supply per DropsTab data. The same contract address is deployed on Arbitrum One, Ethereum, and Base, each with 18 decimals. Holders can verify the contract on Arbiscan, Etherscan, or Basescan. Per the MiCA white paper, the issuer retains about 5.44 billion CHIP, roughly 54.4% of supply.

What does CHIP's vesting schedule mean for investors?

About 53% of CHIP supply sits with the team (roughly 24%) and investors (roughly 29%), locked under a 12-month cliff. At month 12, 33% of each bucket unlocks, and the remainder releases linearly over the following 24 months. The first shared cliff falls around Q1 2027, the largest scheduled unlock event, and creates concentrated sell-pressure risk for CHIP holders. Full vesting extends to about Q1 2030, anchored to a Q1 2026 TGE. The issuer's white paper labels these percentages approximate and subject to change.

Who backed USD.AI?

Per DropsTab fundraising data, USD.AI raised $13.4M in a Series A led by Framework Ventures on August 14, 2025. Dragonfly Capital, CMT Digital, Big Brain Holdings, the Arbitrum Foundation, Bullish, Flowdesk, and Hermeneutic Investments participated. YZi Labs (formerly Binance Labs) joined a strategic round on August 26, 2025, and Bullish added a $4M funding round on September 23, 2025. Disclosed equity funding totals $17.4M.

What was USD.AI's CoinList public sale?

USD.AI ran a public sale on CoinList from February 22 to 27, 2026. The sale raised $19.4M, selling 700,000,000 CHIP (7% of total supply) at $0.03 per token. That price implied a $300M fully diluted valuation at sale time. All sale tokens were fully unlocked at TGE, so public-sale buyers received tradable tokens from day one.

Who could participate in USD.AI's CoinList sale?

Participation was restricted to users who played USD.AI's Allo Game, the protocol's allocation simulation. Season 1 of the game distributed the first 10% of the ecosystem-bootstrapping budget, an allocation that covers 27.5% of total supply. A separate 3% airdrop allocation also unlocked fully at TGE. The CoinList sale is the only campaign recorded for CHIP on DropsTab.

What do USD.AI's debt facilities from Bullish and K3 Capital mean for CHIP holders?

Bullish provided a $100M stablecoin debt facility on August 28, 2026, for GPU financing. K3 Capital added a $40M revolving facility on September 15, 2026. Both are credit lines drawn and repaid against GPU collateral, so the facilities extend lending capacity without diluting CHIP supply. Bullish's role spans equity backer, direct funder, and lender, which signals continued institutional commitment to the protocol.

On which exchanges can CHIP be traded?

CHIP trades on more than 20 centralized spot venues per DropsTab data, including Binance, Coinbase, Kraken, OKX, Bybit, Upbit, and Bithumb. Pairs quote against USDT, USD, USDC, KRW, EUR, and BTC. Perpetual futures are available on 10+ venues, including Binance Futures, Hyperliquid, Deribit, and OKX. On-chain liquidity is limited to Uniswap V3 and V4 pools on Arbitrum One, so trading depth concentrates on centralized exchanges.