Solomon USDv(USDV)
Market Cap$1.51m
Price$1
Total Circulating1.51m
Stablecoin Information
USDv is a Solana-native synthetic stablecoin backed by delta-hedged spot positions and perpetual shorts, designed to maintain a 1:1 USD peg while generating yield for stakers
Category:crypto-backed
Minting and RedemptionWhitelisted users mint USDv by depositing assets that are delta-hedged into market-neutral positions, and redeem USDv by burning it to unlock the underlying collateral through the Solomon protocol
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | -19.15% | -49.95% | 1.51m |