# YUSD (YUSD)

> Aegis YUSD is a decentralized, Bitcoin-backed stablecoin designed to maintain a 1:1 peg to the US dollar while generating yield for its holders. YUSD is backed 1:1 by Bitcoin reserves held in custodial vaults and secured through smart contracts. The Aegis protocol employs a delta-neutral hedging strategy, where Bitcoin-margined perpetual contracts counterbalance BTC price fluctuations. This ensures that the value of YUSD remains stable at $1, independent of market volatility.

## Price Data

- **Current Price**: $1.00
- **Market Cap**: $36.00M
- **Fully Diluted Valuation**: $36.00M
- **Circulating Supply**: 36.08M YUSD
- **Total Supply**: 36.08M YUSD

## Price Changes

- **24h**: +0.00%
- **30d**: -0.00%
- **90d**: +0.00%
- **365d**: -0.01%

## Chain Availability

Available on: avalanche, base, binance-smart-chain, ethereum, katana

## Resources

- [Website](https://app.aegis.im)
- [Coingecko](https://www.coingecko.com/en/coins/aegis-yusd)
- [Dex.guru](https://dex.guru/token/eth/0x4274cd7277c7bb0806bd5fe84b9adae466a8da0a)
- [Dex.guru](https://dex.guru/token/avalanche/0xca2671dcd031a72359f456c212f62a9bda737cd7)

## Links

- [View on Zerion](https://app.zerion.io/tokens/YUSD-b9ace67c-63e7-416a-bf83-d1ed740ada67)
- [Trade on Zerion](https://app.zerion.io/tokens/YUSD-b9ace67c-63e7-416a-bf83-d1ed740ada67)

## Data Source

This data is provided by the **Zerion API**. Developers can access real-time token prices, market data, charts, wallet positions, and DeFi data programmatically.

- API Documentation: https://developers.zerion.io
- Get this token's data via API: https://developers.zerion.io/api-reference/fungibles/get-fungible-asset-by-id
- Price Charts API: https://developers.zerion.io/api-reference/fungibles/get-a-chart-for-a-fungible-asset