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Elixir deUSD news
About Elixir deUSD
deUSD ("Decentralized US Dollar") is a fully collateralized synthetic dollar powered by the Elixir Network. Minted by stETH and sDAI, deposited collateral will be used to short ETH, creating a delta neutral position.
Through leveraging this funding rate basis trade on Ethereum, the Elixir Network powers a synthetic dollar capturing positive funding rates. Even in a negative funding rate environment however, deUSD is built to be resilient.
The live Elixir deUSD price today is $1.00 USD with a 24-hour trading volume of $565,195 USD. We update our DEUSD to USD price in real-time. Elixir deUSD is down 0.03% in the last 24 hours. The current CoinMarketCap ranking is #2977, with a live market cap of not available. The circulating supply is not available and the max. supply is not available.