Celo Dollar cUSD
42220 · Algorithmic Stablecoin · Decentralized Finance · Fiat-backed Stablecoin · Stablecoins · USD Stablecoin
cUSD is a USD-pegged stablecoin issued by the Mento Protocol on the Celo network. It is minted by users sending CELO or other reserve assets to the protocol, with those assets held as collateral in the Mento Reserve. Users can burn cUSD by redeeming it for its equivalent value in CELO, creating arbitrage opportunities that help maintain the peg through algorithmic supply adjustments.
Full contract · 42220
0x765de816845861e75a25fca122bb6898b8b1282aCurrent price$1.00+0.06% · 24h
Circulating market cap$14.26M
Fully diluted valuation$14.33M
Total token liquidity$701.62K
24h volume$749.96K
Holder address count5.29MAddress count, not unique users
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