Onchain Marketcap$31.94m
Active Marketcap$31.94m
DeFi Active TVL$66.1m
USDP Price$1
Chains5
Token Properties
CategoryFiat Stablecoins
Asset ClassUSD Stable
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformPaxos
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
KYC to Mint or RedeemIndicates whether minting or redeeming the token through the issuer or primary market requires KYC/AML verification (KYC/KYB/onboarding)
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
CEX ListedIndicates whether the token is listed on a centralized exchange
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Issuer Information
IssuerPaxos Trust Company, LLC
Registry InformationPaxos Trust Company, LLC – New York limited purpose trust company chartered by NYDFS in May 2015. NMLS ID 1766787 (NYDFS virtual currency licensee and limited purpose trust charter holder).
Sourcehttps://www.paxos.com/
Attestations
Date of Last Attestation2025-02-28
Attestation FrequencyMonthly (historically; reporting scaled back)
View AttestationsThird-party verification reportsNotes
- USDP is Paxos’s USD stablecoin designed for 1:1 redemption. Paxos positions USDP as issued by a regulated entity, backed by cash and cash equivalents, with monthly reserve reports intended to disclose reserve composition and coverage.
DeFi Active TVL by Protocol
Protocol | ||
|---|---|---|
| $47.97m | 72.57% | |
| $1.44m | 2.19% | |
| $1.19m | 1.80% | |
| $1.06m | 1.61% | |
| $831,667 | 1.26% | |
| $772,757 | 1.17% | |
| $736,291 | 1.11% | |
| $700,590 | 1.06% | |
| $564,346 | 0.85% | |
| $532,204 | 0.81% |
DeFi Yield Opportunities (1)
Pool | Project | Chain | 30d APY Chart | ||||||
|---|---|---|---|---|---|---|---|---|---|
| open in new tabBUSDLP Pool | $34,226 | 79.53% | 79.53% | 79.53% |