Elixir's deUSD serves as the rails for institutional assets to natively enter DeFi. Used exclusively by Securitize, deUSD is the default currency bringing on-chain composability for BlackRock, Hamilton Lane, and other institutions.
deUSD is natively yield bearing, earning from a mixture of treasuries and funding yield. This yield flows directly to the staked version of the asset (sdeUSD). deUSD is a key component of the Elixir ecosystem and will serve as preferred collateral for orderbook exchanges.
Elixir deUSD Price Analysis
As of January 17 2025 Elixir deUSD has a marketcap of $247M.
This is {{percentagefromath}} from its all time high of $1.023.
In terms of its tokenomics, there's a total supply of 247M with 100% currently outstanding.
Keep in mind Elixir deUSD has a fully diluted value of $247M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude
