Profile
YUSD profile facts
Aegis YUSD (YUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
Other coins using the YUSD ticker
- YieldFi yUSD (YUSD) · Active · US Dollar. YieldFi yUSD is an ERC-4626 vault over USDC.
- Collateral
- Bitcoin held in institutional custody (Fireblocks, Copper, CEFFU); delta-neutral hedge via COIN-M perpetual futures; funded by user deposits of USDT, USDC, or DAI converted to BTC
- Peg mechanism
- Delta-neutral hedging: BTC spot long + COIN-M perpetual short; primary redemption requires a whitelisted wallet and trusted-signer order, locks YUSD pending funds-manager approval, and pays the order's supported collateral asset subject to price bounds and available funds. Ethereum and BSC redemption fees were 10 basis points on 2026-10-01; request acceptance is not completed settlement. Funding-rate yield is distributed to registered YUSD holders, with an insurance fund backstop for extreme events.
- Jurisdiction
- British Virgin Islands
- Proof of reserves
- Real-Time PoR by Accountable Reserve source
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
YUSD quick answers
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What is Aegis YUSD (YUSD)?
Aegis YUSD is a synthetic dollar backed by BTC in institutional custody and hedged with equal short COIN-M perpetuals; funding-rate yield goes to holders. The static profile records its US Dollar peg mechanism as: Delta-neutral hedging: BTC spot long + COIN-M perpetual short; primary redemption requires a whitelisted wallet and trusted-signer order, locks YUSD pending funds-manager approval, and pays the order's supported collateral asset subject to price bounds and available funds.
Is YUSD safe?
As of Oct 24, 2026, Pharos grades YUSD C (58/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to whitelisted primary-market participants. That is a middle-band grade: it meets baseline expectations but carries meaningful weaknesses. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs YUSD?
Pharos records YUSD's reserves as of Oct 20, 2026 as 70.6% Copper, 28.7% Fireblocks, 0.6% Binance, and 2 smaller holdings. Reserve evidence: Real-Time PoR by Accountable. Pharos classifies the backing as Crypto-Collateralized.
Can YUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem YUSD?
Under the route Pharos reviewed on Mar 23, 2026, whitelisted primary-market participants can redeem YUSD for USDT, USDC, and DAI. Requests go through a redemption queue. The fee is variable or not fully published. Whether a given holder qualifies is set by the route's own terms, not by this summary.
