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USDu is a USD-pegged stablecoin issued by Unitas Protocol on Solana. It is used as collateral in DeFi applications and can be staked to earn yield from trading fees and funding rates. The stablecoin is backed by over-collateralized Jupiter Liquidity Provider positions, with the protocol automatically opening perpetual short positions against the collateral to maintain delta neutrality and eliminate directional market exposure.
| $14.8K0.19% | |
| $1180.00% | |
| $900.00% | |
| $370.00% | |
| $240.00% | |
| $140.00% | |
| $130.00% | |
| $120.00% | |
| $110.00% | |
| $110.00% | |
| $100.00% | |
| $50.00% |