Home Currencies Elixir deUSD

$1.00

0.17% (24H)
Low $0.99
High $1.01
  • Market Cap $249.16 M
  • Volume $7.90 M
  • Available Supply 249.08 M DEUSD
  • ATH $1.02
  • ATH(% Change) -2.26%

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Date Price Volume MarketCap

Elixir deUSD (DEUSD) price today, DEUSD To USD Live Price, Trading Volume, Market Cap and real-time charts against USD.

deUSD ("decentralized US Dollar") is a fully collateralized synthetic dollar powered by the Elixir Network. Minted by stETH and sDAI, deposited collateral will be used to short ETH, creating a delta neutral position.Through leveraging this funding rate basis trade on Ethereum, the Elixir network creates a synthetic dollar capturing positive funding rates. Even in a negative funding rate environment however, deUSD is built to be resilient.

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