DEUSD Stablecoin: Peg, Supply & Chains

#	Chain	Supply	Share			Distribution
1	Ethereum	$60.35M	65.48%	+$60.35M	0.14%	x
2	Avalanche	$31.26M	33.92%	+$31.26M	4.92%	x
3	Sei	$544.96K	0.59%	−$7.53M	0.86%	x

Stats

Circulating$92.15M

Price$0.0000

Peg Δ100.00%

Chains3

MechanismCrypto-backed

Top chainEthereum 65%

How DEUSD is minted & redeemed

deUSD is minted by stETH and sDAI, which are deposited collateral assets, which will be used to by the protocol to short ETH, creating a delta neutral position

Supply flow

Net change—

Net mint—

Net redeem—

DEUSD circulating supply was roughly flat over the last 24 hours.

About DEUSD

deUSD ("decentralized US Dollar") is a fully collateralized synthetic dollar powered by the Elixir Network

Website ↗Twitter ↗Audit 1 ↗

Elixir deUSD

Elixir deUSD

Elixir deUSD (DEUSD) Stablecoin Analytics

Elixir deUSD (DEUSD) Stablecoin Analytics