Stablecoin information
Sperax USD (USDs) is a USD-pegged stablecoin that is primarily backed by crypto collateral which generates organic yield for its holders.
Category:crypto-backed
Minting and Redemption
Using the Sperax app, USDs can be minted by locking USDC or USDT and burning SPA in a proportion determined by the protocol's collateral ratio.
Audits:
Stablecoins usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.00% | -37.66% | -48.11% | 265,308.34 |