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:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | +0.28% | +93.93% | -0.75% | 513,243.4 |