Usdtb
Arbitrage
Sentiment
Projects
Live Ethena USDtb market cap, peg deviation, mechanism, and per-chain supply distribution on Sharpe Terminal.
| Chain | Chain Δ | Net Bridge Flow | Direction |
|---|---|---|---|
| Ethereum | -$100.12M | — | Burn-dom. |
The mint and redeem contract is a smart contract defining the operations for minting and redeeming USDtb tokens based on cryptographically signed orders controlled by a single admin. EIP-712 and EIP-1271 are the signing methods currently supported. The price present in any mint/redeem orders is determined by an off-chain RFQ system, which a benefactor may accept by signing an order and submitting it to the USDtb RFQ server