fastUSD is the native yield bearing stable asset of Sei, made possible by Elixir. Fully collateralized by
Elixir's deUSD, and powered by the launch of Elixir's network infrastructure on Sei, fastUSD offers a new unified and natively yield-bearing core liquidity component within the ecosystem. Native yields stem from deUSD's underlying collateral assets, which are a blend of treasury and basis trade exposure.
Sei fastUSD Price Analysis
As of December 27 2024 Sei fastUSD has a marketcap of $14M.
This is {{percentagefromath}} from its all time high of $1.043.
In terms of its tokenomics, there's a total supply of 15M with 100% currently outstanding.
Keep in mind Sei fastUSD has a fully diluted value of $14M 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