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About Rings scUSD
Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic. Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power. When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.
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Trading Insights
Market Stats
Market Cap
S$2.43M
0.03%
FDV
Not enough data
Circ. Supply
1.9M SCUSD
Max Supply
Not enough data
Total Supply
1.9M SCUSD
Diluted Valuation
S$2.43M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
S$9.69K
68.79%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
S$1.27
Price Change (1Y)
Not enough data
0.19%
Additional details
Market details
SCUSD vs markets
↗ 1.42%
SCUSD vs BTC
↗ 8.72%
SCUSD vs ETH
↘ 33.11%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xd3DCe716f3eF535C5Ff8d041c1A41C3bd89b97aE |
Price history
Time | Price | Change |
|---|---|---|
Today | S$1.27 | |
1 Day | S$1.27 | |
1 Week | S$1.27 | |
1 Month | S$1.28 | |
1 Year | S$1.31 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Rings scUSD calculator
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Legal
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.
