Indigo iUSD (iUSD) stablecoin analytics
Answer First
What is Indigo iUSD (iUSD)?
iUSD is Indigo Protocol's decentralized synthetic dollar on Cardano, minted against overcollateralized CDP vaults of Cardano-native assets. The static profile records its US Dollar peg mechanism as: Overcollateralized multi-collateral CDP synthetic dollar with per-iAsset Stability Pools, collateral redemptions, DAO-set interest and collateral parameters, and governed peg-stability modules that can mint or redeem iUSD against approved...
Is iUSD safe?
Pharos does not assess iUSD as safe: it holds a D Safety Score grade (42/100) in the latest published rating, which flags significant structural risk. Static metadata says Indigo iUSD uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Indigo iUSD (iUSD) static profile: governance model Decentralized (DeFi); backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
iUSD is Indigo Protocol's synthetic dollar on Cardano, minted against overcollateralized CDP vaults of ADA and DAO-whitelisted native tokens, with governed peg-stability modules that can mint or redeem against approved stablecoins. Its risk profile is a classic crypto-CDP profile: collateral volatility against the overcollateralization ratio, liquidation execution through per-asset Stability Pools, oracle quality, and DAO governance all matter. Pharos now reads the composition from Indigo's public CDP index and...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Indigo Protocol documentation and Indigo analytics CDP index
- Collateral
- Overcollateralized Indigo Protocol CDP vaults using ADA or DAO-whitelisted Cardano native tokens, plus stablecoins deposited through governed iUSD peg-stability modules
- Peg Mechanism
- Overcollateralized multi-collateral CDP synthetic dollar with per-iAsset Stability Pools, collateral redemptions, DAO-set interest and collateral parameters, and governed peg-stability modules that can mint or redeem iUSD against approved stablecoins
- 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.
Next Actions
Exact bot target: /subscribe dews,depeg,safety iusd-indigo-protocol
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 Sep 7, 2026.
iUSD quick answers
What is Indigo iUSD (iUSD)?
iUSD is Indigo Protocol's decentralized synthetic dollar on Cardano, minted against overcollateralized CDP vaults of Cardano-native assets. The static profile records its US Dollar peg mechanism as: Overcollateralized multi-collateral CDP synthetic dollar with per-iAsset Stability Pools, collateral redemptions, DAO-set interest and collateral parameters, and governed peg-stability modules that can mint or redeem iUSD against approved...
Is iUSD safe?
Pharos does not assess iUSD as safe: it holds a D Safety Score grade (42/100) in the latest published rating, which flags significant structural risk. Static metadata says Indigo iUSD uses a Decentralized (DeFi) governance model and Crypto-Collateralized backing, with curated reserve profile; the main caveat is that freeze or administrative control exposure is possible but not fully confirmed. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs iUSD?
Pharos classifies iUSD backing as Crypto-Collateralized. Collateral, per the static profile: Overcollateralized Indigo Protocol CDP vaults using ADA or DAO-whitelisted Cardano native tokens, plus stablecoins deposited through governed iUSD peg-stability modules Reserve evidence: curated reserve profile.
Can iUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze or administrative control exposure is possible but not fully confirmed. Live freeze and blacklist events for iUSD, when applicable, appear in the dossier below.
