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Stablecoin information
USDV is an overcollateralized stablecoin minted against supported crypto collateral on Delpho, a CDP protocol on HyperEVM.
Category:crypto-backed
Minting and Redemption
Users deposit supported collateral into Delpho to mint USDV at 0% interest. Borrowers can withdraw collateral or fully repay their USDV debt to close a position, provided the position remains above its liquidation threshold. USDV can also be redeemed for underlying collateral through Delpho's open redemption mechanism.
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.31% | -0.40% | +17.69% | 511,814.64 |