EBUSD(EBUSD)
Market Cap$104,695
Price$0.99
Total Circulating105,685
Stablecoin Information
Ebisu Money is a stablecoin credit market on Ethereum where users can mint ebUSD by depositing collateral and earn yield by providing ebUSD liquidity. The protocol features market-driven interest rates and a liquidation-backed stability mechanism to maintain solvency and capital efficiency.
Category:crypto-backed
Minting and RedemptionUsers mint ebUSD by opening a vault and depositing supported collateral. ebUSD can be redeemed by repaying debt and reclaiming collateral, or via redemptions that exchange ebUSD for collateral from the lowest-rate vaults.
Audits:No