Sperax USD(USDS)
Market Cap$537,383
Price$1
Total Circulating538,519
Stablecoin Information
Sperax USD (USDs) is a USD-pegged stablecoin that is primarily backed by crypto collateral which generates organic yield for its holders.
Category:crypto-backed
Minting and RedemptionUsing the Sperax app, USDs can be minted by locking USDC or USDT and burning SPA in a proportion determined by the protocol's collateral ratio.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | +0.05% | +0.14% | -12.63% | 538,519 |