USDU is a Bitcoin-backed CDP (Collateralized Debt Position) stablecoin built on Starknet, designed to unlock liquidity for Bitcoin holders in DeFi. The protocol allows users to deposit Bitcoin collateral and mint USDU stablecoins at user-set interest rates, maintaining a 1:1 peg with the US dollar through a redemption mechanism.
USDU is part of Uncap, a dual-protocol system that serves as the liquidity engine for Bitcoin finance (BTCFi). The stablecoin features a permissionless liquidation system managed through a stability pool, where 75% of borrowing interest is distributed to stability pool participants and 25% is allocated as Protocol Incentivized Liquidity (PIL) to USDU-denominated trading pools on Ekubo DEX.
The protocol is based on Liquity v2 architecture, adapted for Bitcoin collateral on Starknet. USDU aims to serve as a foundational asset for the BTCFi ecosystem, providing censorship-resistant, trust-minimized stablecoin infrastructure that enables sustainable yield opportunities for Bitcoin holders without requiring them to sell their BTC holdings.
Where is Uncap USD available for purchase?
You can exchange USDU tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Uncap USD is Ekubo (Starknet), notably the USDU/USDC pair, which saw a trading volume of $ 12,322.46 in the past day.
What is the highest value Uncap USD (USDU) has ever reached?
Uncap USD (USDU) reached its peak price at 1.002 $ on 12 October 2025, approximately 8 days ago ago. Presently, the current price is -0.19% lower than this all-time high.
What is the historical minimum price for Uncap USD (USDU)?
The minimum price reached for Uncap USD (USDU) was 1 $, documented on 16 October 2025, more than 3 days ago. In comparison, the current price is , it equal this historical low.
What is the fully diluted valuation of Uncap USD (USDU)?
The fully diluted valuation (FDV) of Uncap USD (USDU) stands at $ 238.44. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of USDU tokens. The realization of this FDV might take several years depending on the emission schedule of USDU tokens.