Onchain Marketcap$75.18m
Active Marketcap$75.18m
DeFi Active TVL$23,469
cgUSD Price$0.99
Chains1
Token Properties
CategoryRWA Stablecoins
Asset ClassYield RWA Stable
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformCygnus Finance
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerCygnus Finance
Attestations
Date of Last AttestationNo attestation found
Attestation FrequencyN/A
Notes
- cgUSD is a rebasing, Treasury-backed dollar token issued by Cygnus Finance. Users deposit USDC/USDT and receive cgUSD. reserves are deployed into short-duration U. S. Treasury bills, and yield is reflected through a rising rebasing index rather than a separate yield token. Redemptions target 1 cgUSD ≈ 1 USDC, but withdrawals can be delayed (e. g. , several days) due to underlying Treasury settlement. Key risks include issuer/operational risk, custodial and U. S. Treasury exposure, smart-contract risk on Base, and redemption-liquidity timing risk.
DeFi Active TVL by Protocol
Protocol | ||
|---|---|---|
| $23,368 | 99.57% | |
| $101 | 0.43% |
Chains
Base
Primary