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YieldFi yToken YUSD Price
YieldFi yToken Price Chart (YUSD)
YUSD Price
YUSD vs. Stablecoin
YieldFi yToken Detailed Performance
YUSD shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
YUSD to USD Converter
Price History
- All-Time High
- $1.191.19x to ATH
- All-Time Low
- ---- to ATL
- Trade Launch Date
- 14 Jan, 2025
661 days ago
What is YieldFi yToken (stablecoin)?
YieldFi yToken (YUSD) is a cross-chain asset management stablecoin designed to generate real yield from underlying assets like USDT and USDC. The protocol operates as a decentralized finance alternative that aims to combine capital stability with automated return generation for depositors.
How does the YUSD supply mechanism work?
An elastic supply structure governs the YUSD token, featuring no fixed maximum cap. The protocol mints and redeems tokens dynamically based on user deposits and withdrawals within the asset management vaults, meaning the total circulating amount fluctuates continuously.
Where is the YUSD smart contract deployed?
Deployment of the YieldFi yToken smart contract occurred on the Ethereum network. The specific contract address is 0x1ce7d9942ff78c328a4181b9f3826fee6d845a97, which operates with 18 decimals and can be verified directly on Etherscan.
Which underlying assets does the YieldFi platform support?
Asset management vaults within the platform primarily utilize major stablecoins, specifically USDT and USDC, to generate yield. By deploying these dollar-pegged tokens across decentralized finance protocols, the system seeks to produce real returns while maintaining historical capital preservation.
What is the primary goal of the YieldFi protocol?
YieldFi aims to provide a decentralized finance alternative to traditional investments by targeting real yield on stablecoin deposits. The stated objective focuses on combining capital preservation with automated return generation across multiple blockchain networks.
YieldFi yToken (YUSD) Price Live Data
The current price of YieldFi yToken (YUSD) is approximately $0.9985, which has remained unchanged in the last 24 hours. The YUSD trading volume in the last 24 hours stands at $0.00. YieldFi yToken's market cap is currently $10.86 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of YUSD is 10.88 million.