peUSD is the DeFi utility version of eUSD, provided by the Lybra Finance Protocol. As an Omnichain Fungible Token, peUSD is compatible with most DeFi protocols. Users who mint peUSD from Non-Rebase LSTs can enjoy the advantages of peUSD while their collateral appreciates in value.
peg-eUSD Price Analysis
As of November 10 2024 peg-eUSD has a marketcap of $2.5M.
This is {{percentagefromath}} from its all time high of $1.012.
In terms of its tokenomics, there's a total supply of 2.8M with 100% currently outstanding.
Keep in mind peg-eUSD has a fully diluted value of $2.5M 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