Indigo Protocol iUSD Price (IUSD)

Unlisted

iUSD is Cardano’s first fault-tolerant and fully collateralized native stablecoin released in November of 2022 as part of Indigo Protocol v1. iUSD is pegged to the median value of USDC, TUSD, and USDT; this design allows iUSD to maintain its peg even if one of the three stablecoins (USDC, TUSD, and USDT) depegs. The Indigo Protocol is a CDP (Collateralized Debt Position) based DeFi protocol that brings capital-efficient synthetic assets to the Cardano ecosystem. Users can purchase iUSD from a DEX just like any Cardano native asset, or can mint iUSD within the Indigo Protocol by depositing ADA as collateral. When users mint iUSD within the Indigo Protocol, they must deposit sufficient ADA such that their CDP remains above the applicable Minimum Collateralization Ratio (MCR) - meaning a user deposits collateral in the form of ADA that ensures over-collateralization. If the value of a user's ADA collateral begins to decrease toward the MCR, a user can choose to add more collateral to keep their iUSD position above the MCR. If a user’s collateral becomes worth less than the MCR of their iUSD debt, the Indigo Stability Pool providers will allow the user to keep their iUSD but will exchange Stability Pool iUSD for the user’s higher value ADA collateral. Thereby ensuring that iUSD remains overcollateralized and that the Indigo Protocol remains solvent via its efficient liquidation process. The Indigo DAO controls the iUSD parameters and can therefore vote to raise or lower the Minimum Collateralization Ratio for iUSD and all Indigo iAssets. Unique to Indigo, users still receive their ADA staking rewards from stake pool delegation while ADA is being used as collateral in a CDP. This CDP Liquid Staking feature presents a unique use case for iUSD in trading strategies.

Which blockchain network does Indigo Protocol iUSD run on?

Indigo Protocol iUSD operates on the -- network, which defines how transactions are processed, the speed of confirmations, and overall security. The chain also determines compatibility with wallets, dApps, and smart contract standards.

What is the current price of IUSD?

The token is priced at $1.041, marking a price movement of 2.97% over the last 24 hours. Price updates are aggregated from leading global exchanges in real time.

What category does Indigo Protocol iUSD belong to?

Indigo Protocol iUSD falls under the Stablecoins,USD Stablecoin,Synthetic Asset,Cardano Ecosystem,Crypto-backed Stablecoin category. This classification helps investors compare IUSD with similar assets in the same sector, such as DeFi, meme, Layer-1, Layer-2, or AI tokens.

What is the market capitalization of Indigo Protocol iUSD?

Its market capitalization is $9892734, placing the asset at rank #1620. Market cap provides a broad measure of size, adoption, and investor confidence.

How much supply of IUSD is currently circulating?

There are 9522411.050995 tokens circulating in the market. This amount directly influences supply-demand balance, price discovery, and inflation expectations.

How active is trading for Indigo Protocol iUSD today?

Over the past day, IUSD generated $-- in trading volume. Strong volume often indicates heightened market interest or reactions to recent news.

How does the price today compare to recent highs and lows?

Within the last 24 hours, Indigo Protocol iUSD fluctuated between $0.997999 and $1.048, giving traders insight into short-term volatility and potential breakout zones.