YUSD Stablecoin(YUSD)
Market Cap$11.79m
Price$1
Total Circulating11.85m
Stablecoin Information
Yeti Finance is a cross-margin lending protocol on Avalanche that allows users to borrow up to 21x against their portfolio and receive YUSD, an overcollateralized stablecoin.
Category:crypto-backed
Minting and RedemptionUsing the Yeti Finance app, users mint YUSD by depositing an accepted collateral asset into a Trove. When the loan is repaid to retrieve the collateral, the paid back YUSD is burned.
Audits:
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | < 0.0001% | +0.08% | 11.85m |