About eUSD
The Lybra Protocol is a groundbreaking decentralized protocol designed to bring stability to the volatile world of cryptocurrency. Built on LSD (Liquid Staking Derivatives), the protocol initially leverages Lido Finance-issued ETH proof-of-stake and stETH as its primary components, with plans to support additional LSD assets in the future. The protocol's primary objective is to provide the cryptocurrency industry with a safer, more decentralized stablecoin, eUSD, which offers stable interest to its token holders. As a DeFi protocol, Lybra facilitates the minting of eUSD by allowing users to borrow against their deposited ETH and stETH. eUSD, being an ETH-assets-over-collateralized stablecoin, offers users the security and stability necessary for conducting their business with confidence. A distinctive feature of the Lybra Protocol is that users can earn regular stable income by holding minted (borrowed) eUSD, which is powered by the LSD (Liquid Staking Derivatives) income generated from the deposited ETH and stETH. In other words, when users deposit ETH or stETH and mint EUSD against them, they receive a stable income in stETH of approximately 5%, which is converted to eUSD through the protocol and distributed to them. eUSD is an interest-bearing, over-collateralized stablecoin that ensures safety and stability. The Lybra Foundation and LybraDAO community firmly believe that a decentralized stablecoin is essential for both enterprises and individuals to fully harness the benefits of cryptocurrency. By offering an interest-bearing stablecoin supported by ETH and stETH, the Lybra Protocol empowers users to participate in the DeFi ecosystem with confidence and security.
Trading Insights
Market Stats
Market Cap
£75.81K
FDV
Not enough data
Circ. Supply
97K EUSD
Max Supply
Not enough data
Total Supply
97K EUSD
Diluted Valuation
£75.79K
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£196.72
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.78
Price Change (1Y)
Not enough data
5.88%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of eUSD has increased by 0.02% in the last hour and increased by 0.02% in the past 24 hours. eUSD’s price has also fallen by 0.65% in the past week. The current price is £0.78 per EUSD with a 24-hour trading volume of £196.72. Currently, eUSD is valued at 0.02% below its all time high of £0.78. This all-time high was the highest price paid for eUSD since its launch.
The current circulating supply of eUSD is 97,435.798 EUSD which means that eUSD has as total market cap of £75,808.90.
Market details
EUSD vs markets
↗ 18.19%
EUSD vs BTC
↗ 19.41%
EUSD vs ETH
↗ 5.09%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x97de57eC338AB5d51557DA3434828C5DbFaDA371 | |
Ethereum | 0x87611cA3403a3878DfEf0da2a786e209AbfC1Eff |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.78 | |
1 Day | £0.78 | |
1 Week | £0.78 | |
1 Month | £0.77 | |
1 Year | £0.86 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Social stats
Popularity in posts
#1257
Contributors
78
Posts
104
% About eUSD
0.017%
Articles
0
X (Twitter)
32.04% bullish
Sentiment
4.5 ★
Highlights
78 unique individuals are talking about eUSD and it is ranked #1,257 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, eUSD has an average sentiment score of 4.5 out of 5. Finally, eUSD is becoming less newsworthy, with 0 news articles published about eUSD.
On Twitter, people are mostly neutral about eUSD. There were 33.33% of tweets with bullish sentiment compared to 4.04% of tweets with a bearish sentiment about eUSD. 66.67% of tweets were neutral about eUSD. These sentiments are based on 103 tweets.
On Reddit, eUSD was mentioned in 1 Reddit posts and there were 44 comments about eUSD. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.
