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M. Cap: $2.45 T 0.33%24h Vol: $15,346.68 T 17642809.99%BTC: $66,060.15 0.04%ETH: $3,180.05 -0.70%S&P 500: $5,009.90 0.87%Gold: $2,310.87 -1.19%BTC Dominance: 52.99%
  • #6539

YUSD Stablecoin YUSD

YUSD Price

$0.9736-0.56%
Price Range--
--

Market Cap 

--Rank #6539

FDV 

$212.36 MRank #3092

Investors

Twitter Followers

Twitter Performance

435Rank by Twitter #3261
  • 0
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Data from TweetScout 
OverviewExchangesFundraisingVesting

Detailed Performance

SentimentBearish

YUSD shows Bearish signs against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
YUSD/USD
0.35%-0.50%-2.73%-2.48%-3.20%-4.36%
YUSD/BTC
0.31%-0.60%-7.06%-4.20%-42.89%-59.88%
YUSD/ETH
0.12%0.14%-6.02%3.54%-32.50%-43.59%
YUSD/DeFi
-0.18%0.41%-12.70%23.56%-25.94%-49.98%
YUSD/Stablecoin
0.18%-0.58%-4.87%-8.69%-18.78%-18.77%

YUSD to USD Converter

YUSD

Price History

All-Time High
$4.13
4.25x to ATH
All-Time Low
$0.08518
11.43x to ATL
Trade Launch Date
18 Apr, 2022
736 days ago

About YUSD

YUSD is a decentralized stablecoin created by Yeti Finance. It is pegged to the value of the US dollar and is backed by assets deposited on the Yeti platform. The minimum collateral ratio for YUSD is 1.1 USD for every 1 YUSD minted. YUSD can be redeemed at a 1:1 ratio for the underlying collateral. It is designed to be a secure and decentralized alternative to centralized stablecoins like USDT and USDC. YUSD has various potential applications in decentralized autonomous organizations (DAOs) and offers additional rewards for staking in the stability pool.

What makes YUSD Stablecoin unique?

YUSD Stablecoin is unique compared to other cryptocurrencies for several reasons. Firstly, it is decentralized, meaning it is not controlled by a central entity like USDT or USDC. This eliminates centralization risks such as frozen funds and lack of transparency.
Moreover, YUSD maintains a value of at least $1 at all times, making it a reliable stablecoin. It has a price floor of $1 and a price ceiling of $1.02, ensuring stability. Any deviations from this range can be corrected through arbitrage opportunities.
Additionally, YUSD is backed by a diverse set of yield-bearing assets, prioritizing safety and security. It is overcollateralized, meaning there is a surplus of collateral to back the stablecoin, further enhancing its stability.
Overall, YUSD's combination of decentralization, price stability, and secure collateralization sets it apart from other cryptocurrencies.

Live YUSD Stablecoin Price Data

The current price of YUSD Stablecoin (YUSD) is approximately $0.9736, reflecting a decrease of -0.56% in the last 24 hours. The YUSD trading volume in the last 24 hours stands at $8,346.85.

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand YUSD Stablecoin's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on YUSD, check out our crypto insights page.

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