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swanUSD stablecoin status and tracking

swanUSD is a SwanDAO-governed dollar stablecoin minted against wstETH on Inverse Finance's Monolith CDP factory, live on Ethereum since October 2026.

Launched · no market data yetUSD-PeggedCrypto-BackedDecentralized

Phase

Launched – awaiting data

Current launch phase

Launched

Oct 22, 2026

Public on-chain issuance

Tracking review

Dec 24, 2026

Pharos decision due

Since launch

–

Announced Oct 22, 2026

Live surfaces

Awaiting admissible dataMissing lane: price. No CoinGecko or DefiLlama stablecoin listing exists, and DefiLlama's contract quote was about two hours old on October 25 2026, outside the 15-minute freshness budget. Supply is readable on-chain.
SswanUSD

Launch path

Launched Oct 22, 2026, awaiting admissible data; 1 milestone logged since Oct 22, 2026.

Launch status narrative

Monolith announced on October 22 2026 that swanUSD is live on Ethereum as a DAO-governed stablecoin backed by wstETH, built on Inverse Finance's Monolith factory (V2 deployment index 2). The token 0x9bf2b2f57a2968a0e81546ed50cbbbb7c9d6e05e (18 decimals, Ethereum only) is a non-proxy Coin contract whose only minter is its Lender; supply was 213,731.85 at block 26268775 on October 25 2026. Pharos tracks it pre-launch because no price source admits it: there is no CoinGecko or DefiLlama stablecoin listing, and DefiLlama's contract quote was about two hours old on October 25, outside the 15-minute freshness budget.

Registry dates (UTC); a quarter, half or year target draws as its whole window.

Launch status: quick answers

When did swanUSD launch?
swanUSD launched publicly on-chain on Oct 22, 2026, per its sourced launch milestone.
Who issues swanUSD?
swanUSD is a SwanDAO-governed dollar stablecoin minted against wstETH on Inverse Finance's Monolith CDP factory.
Is swanUSD live yet?
Yes, swanUSD has been live since Oct 22, 2026. Pharos does not track it yet. Missing lane: price. No CoinGecko or DefiLlama stablecoin listing exists, and DefiLlama's contract quote was about two hours old on October 25 2026, outside the 15-minute freshness budget. Supply is readable on-chain. Its price, supply, liquidity and Safety Score are unavailable on Pharos, not zero, until both a price and a supply source can be verified.
Which chains does swanUSD use?
The registry records swanUSD deployments on Ethereum.
SswanUSD

Activity

  1. Milestone

    swanUSD launches on Monolith

    Monolith announced that swanUSD is live on Ethereum as a DAO-governed stablecoin backed by wstETH and built on Inverse Finance's Monolith factory. Holders can stake it as sSwanUSD to earn protocol revenue. A 100,000 SWAN launch airdrop opened the same day.

    Source
1 entry · 1 sourced