YU(YU)
Market Cap$22.28m
Price-
Total Circulating22.28m
Stablecoin Information
Yala Protocol allows users to lock Bitcoin as collateral to mint YU stablecoins. YU serves as both an asset and a tool, connecting Bitcoin with any ecosystem. Users can borrow, earn interest, and gain seamless access to DeFi applications across multiple chains.
Category:crypto-backed
Minting and RedemptionUsers mint YU by depositing Bitcoin as collateral assets into the Yala Protocol. When the loan is repaid to retrieve the collateral, the paid back YU is burned.
Audits:No
Stablecoins Usage by Chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0 | < 0.0001% | < 0.0001% | -28.38% | 17.29m | ||
| 0 | < 0.0001% | < 0.0001% | 0% | 3.76m | ||
| 0 | < 0.0001% | < 0.0001% | < 0.0001% | 1.24m | ||
| 0 | +2.60% | +2.60% | +2.60% | 16.42 |