Rank #13523
iusd Indigo Protocol iUSD
$ 1.007
0.058657 BTC
865 satoshies
Market Cap
-
24 Hour Trading Vol
650,475.9921 $
Circulating Supply
-
Total Supply
-
Max Supply
-
Fully Diluted Valuation
-
Low
Range
High
Info
1h
24h
7d
1m
1y
max
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Indigo Protocol iUSD Price Statistics
1.007 $
0.9597 $ / 1.09992 $
650,475.9921 $
#13523
1.33 $
-24.3%
02 March, 2025, (6 months ago)
0.068194 $
122,84 MLN.%
11 January, 2024, (2 years ago)
Indigo Protocol iUSD Top Markets
#
Exchange
Pair
Price
24h Volume
Volume
Trust Score
Indigo Protocol iUSD Performance
Trading Pair
day
week
month
iusd
/
usd
-0.29%
-0.48%
0.68%
iusd
/
btc
-0.29%
-0.48%
0.68%
iusd
/
eth
-0.29%
-0.48%
0.68%
About Coin
iUSD is Cardano’s first fault-tolerant and fully collateralized native stablecoin released in November of 2022 as part of Indigo Protocol v1. iUSD is pegged to the median value of USDC, TUSD, and USDT; this design allows iUSD to maintain its peg even if one of the three stablecoins (USDC, TUSD, and USDT) depegs.
The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iUSD from a DEX just like any Cardano native asset, or can mint iUSD within the Indigo Protocol by depositing ADA as collateral.
When users mint iUSD within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iUSD position above the MCR. If a user’s collateral becomes worth less than the MCR of their iUSD debt, the Indigo Stability Pool providers will allow the user to keep their iUSD but will exchange Stability Pool iUSD for the user’s higher value ADA collateral. Thereby ensuring that iUSD remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process.
Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iUSD in trading strategies.
The Indigo DAO controls the iUSD parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iUSD and all Indigo iAssets.
Where is Indigo Protocol iUSD available for purchase?
You can exchange IUSD tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Indigo Protocol iUSD is Minswap, notably the IUSD/ADA pair, which saw a trading volume of $ 63,289 in the past day. Additionally, WingRiders is popular alternative for trading tokens.
What is the highest value Indigo Protocol iUSD (IUSD) has ever reached?
Indigo Protocol iUSD (IUSD) reached its peak price at 1.33 $ on 02 March 2025, approximately 6 months ago ago. Presently, the current price is -24.28% lower than this all-time high.
What is the historical minimum price for Indigo Protocol iUSD (IUSD)?
The minimum price reached for Indigo Protocol iUSD (IUSD) was 0.068194 $, documented on 11 January 2024, more than 2 years ago. In comparison, the current price is 122,88 MLN.%, it above this historical low.
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