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Indigo USD

IUSD

iUSD is Cardano’s first fully collateralized, fault-tolerant stablecoin, pegged to the median value of USDC, TUSD, and USDT. It is minted and backed by ADA deposits in the Indigo Protocol.

Risk Rating
Watch Out
What is Indigo USD?
Information
Blockchain
  • Cardano
Info
  • Asset Type: ada
Key Metrics
Risk Assessment
Watch Out
Asset Strength

IUSD is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Indigo, a protocol rated as Watch out.

IUSD is a stablecoin that often trades more than 100bps off its peg to USD, making it a highly volatile store of value.

Dependencies

Indigo

Asset Tokenomics

IUSD does not have a supply schedule.

Things to know about IUSD
IUSD Pools
Indigo USD Fee Sharing
20.9%
Yield
$35M
TVL
Risk
C
Protocol
Indigo
Chain
Cardano