Djed Stablecoin (DJED) stablecoin analytics
DJED is COTI's overcollateralized Cardano dollar stablecoin, minted against ADA reserves while SHEN holders absorb reserve volatility within a target band.
Static Profile
Static stablecoin profile
Djed Stablecoin (DJED) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Jun 12, 2026
DJED is Cardano's formally designed reserve-coin stablecoin, not a borrower CDP wearing a different hat. ADA sits in the reserve, DJED is the dollar claim, and SHEN absorbs surplus and volatility inside the protocol's 400% to 800% reserve-ratio band. That design gives the peg a...
AI summary · drafted by gpt-5-codex · reviewed by Codex data review on Jun 12, 2026 · facts as of Jun 12, 2026
- Collateral
- ADA reserves held by the Cardano Djed protocol, with SHEN reserve-coin holders absorbing surplus reserve volatility
- Peg Mechanism
- Overcollateralized Cardano stablecoin where DJED can be minted and burned against ADA while SHEN maintains the reserve ratio band
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Cardano.
Snippet Answer
Is DJED safe?
Pharos does not mark DJED as absolutely safe. Static metadata says Djed Stablecoin uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety djed-coti
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Jun 12, 2026.
DJED quick answers
What is Djed Stablecoin (DJED)?
DJED is COTI's overcollateralized Cardano dollar stablecoin, minted against ADA reserves while SHEN holders absorb reserve volatility within a target band. The static profile records its US Dollar peg mechanism as: Overcollateralized Cardano stablecoin where DJED can be minted and burned against ADA while SHEN maintains the reserve ratio band
What backs DJED?
Pharos classifies DJED backing as Crypto-Collateralized. Collateral, per the static profile: ADA reserves held by the Cardano Djed protocol, with SHEN reserve-coin holders absorbing surplus reserve volatility Reserve evidence: curated reserve profile.
Can DJED be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. Live freeze and blacklist events for DJED, when applicable, appear in the dossier below.