Usyc
Arbitrage
Sentiment
Projects
Live Circle USYC market cap, peg deviation, mechanism, and per-chain supply distribution on Sharpe Terminal.
| Chain | Chain Δ | Net Bridge Flow | Direction |
|---|---|---|---|
| Ethereum | -$198.75K | -$192.75K | ↗ Outbound |
USYC is minted when users deposit USDC into USYC fund, which then invests in short-term U.S. Treasury bills to create the yield-bearing token, and it can be redeemed by converting it back to USDC at a 1:1 ratio through Circle's system