YUSD Stablecoin token
Overview
YUSD is a decentralized, overcollateralized stablecoin pegged to the US dollar, native to the Avalanche blockchain. It is issued by the Yeti Finance protocol, which allows users to borrow YUSD against locked collateral. The stablecoin is primarily used for borrowing, lending, and trading within the Yeti ecosystem and on Avalanche-based decentralized exchanges.
Within the DeFi Intel graph, YUSD Stablecoin connects to 4 tracked entities, most strongly to Avalanche, Aegis, Bitcoin (BTC).
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Avalanche | 95% |
issued_by | Aegis | 95% |
backed_by | Bitcoin (BTC) | 90% |
backed_by | Delta-Neutral Synthetic Position | 90% |
Frequently asked questions
What is YUSD Stablecoin?
YUSD is a decentralized, overcollateralized stablecoin pegged to the US dollar, native to the Avalanche blockchain.
Who issues YUSD?
YUSD is issued by the Yeti Finance protocol, which is also known as Aegis.
What assets back YUSD?
YUSD is backed by Bitcoin (BTC) and Delta-Neutral Synthetic Positions.