Onchain Marketcap-

Active Marketcap-

DeFi Active TVL$0

Chains1

Token Properties

CategoryNon-RWA Stablecoins

Asset ClassCrypto Stable

TypeAsset

RWA ClassificationRWA

Access ModelPermissionless

Parent PlatformPlatypus

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

IssuerPlatypus Finance

Sourcehttps://platypus.finance/

Attestations

Date of Last AttestationNo attestation found

Attestation FrequencyN/A

Notes

  • USP was the overcollateralized stablecoin of the Platypus stableswap ecosystem on Avalanche. It was designed to be minted against protocol collateral positions and redeemed through Platypus liquidity, relying on collateralization and swap incentives to support its peg. Following the Platypus exploit and subsequent wind-down, USP has been deprecated. any remaining liquidity/redemption paths depend on protocol status and carry elevated depeg and smart-contract risk.

DeFi Yield Opportunities (2)

Pool
Project
Chain
30d APY Chart
USPFor LP | Maturity 25JUN2026Logo of PendlePendle
Logo of Ethereum
$480,65655.13%13.57%
41.57%
57.54%
USPFor buying PT-USP-25JUN2026Logo of PendlePendle
Logo of Ethereum
$480,65659.80%18.23%
41.57%
59.44%

Chains

Avalanche

Avalanche

Primary