Staked deUSD (sdeUSD) is the staked, yield-bearing version of deUSD. deUSD is DeFi’s only dollar serving as the rails for institutional assets to natively enter DeFi. Used exclusively by Securitize, it is the default currency bringing on-chain composability for BlackRock, Hamilton Lane, and others.
sdeUSD is natively yield bearing, earning from a mixture of treasuries and funding yield. sdeUSD and deUSD are key components of the Elixir ecosystem and will serve as preferred collateral for orderbook exchanges.
Elixir Staked deUSD Price Analysis
As of December 27 2024 Elixir Staked deUSD has a marketcap of $156M.
This is {{percentagefromath}} from its all time high of $1.13.
In terms of its tokenomics, there's a total supply of 159M with 100% currently outstanding.
Keep in mind Elixir Staked deUSD has a fully diluted value of $156M 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
