Alusd
Live Alchemix USD market cap, peg deviation, mechanism, and per-chain supply distribution on Sharpe Terminal.
| # | Chain | Supply | Share | Trend | Distribution | ||
|---|---|---|---|---|---|---|---|
| 1 | Ethereum | $7.09M | 70.84% | −$132.96K | 0.02% | x | |
| 2 | OP Mainnet | $3.05M | 30.51% | +$77.94K | 1.01% | x | |
| 3 | Arbitrum | $364.54K | 3.64% | flat | 0.03% | x | |
| 4 | Fantom | $170.53K | 1.70% | flat | 4.16% | x |
alUSD is minted by depositing an accepted collateral asset into an Alchemix Vault. The collateral is used to generate yield that pays down the alUSD debt. Any alUSD used to repay the loan to retrieve the collateral is burned.