22,011,884 Pools19,953,420 Tokens
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Sonic USD (scUSD)
The live Sonic USD price today is $1.00, with a 24-hour trading volume of $246.13K. scUSD has changed 0,00% in the last 24 hours on Sonic.
Market Cap: No data
Fully Diluted Valuation: No data
Related Tokens on Sonic
USDC (USDC) Frax USD (frxUSD) Myrd Token (MYRD) Fuego (FUEGO) Paladin Token (PAL) Eliteness.Network/eliteRingsScUSD (eliteRingsScUSD) Main Street USD (msUSD) Sacra token (SACRA) Shadow (SHADOW) Wrapped stkscUSD (wstkscUSD)Liquidity Pools
USDC/scUSD on Shadow ExchangewaSonUSDC/scUSD on Beets V3USDC/scUSD on Metropolis LBUSDC/scUSD on SwapXscUSD/stS on Beets V2wmooSiloV2SonicUSDC.e (wS Market)/scUSD on Beets V3frxUSD/scUSD on Shadow ExchangescUSD/MYRD on Shadow ExchangewS/scUSD on Metropolis LBwS/scUSD on Metropolis LBscETH/scBTC on Beets V2OS/scUSD on SwapXscUSD/BRUSH on Beets V2scETH/scUSD on Beets V2scETH/F on Beets V2scETH/GOGLZ on Beets V2wS/scUSD on Metropolis LBscETH/scUSD on EqualizerRZR/scUSD on EqualizerscETH/scUSD on Beets V2wS/scUSD on Metropolis V2USDC/scUSD on EqualizerUSDC/scUSD on SilverSwapFUEGO/scUSD on Shadow ExchangeUSDC/scUSD on Beets V2scETH/scUSD on Beets V2wS/scUSD on EqualizerscETH/scUSD on Beets V2scUSD/PAL on Shadow ExchangescUSD/eliteRingsScUSD on Shadow ExchangewS/scUSD on SilverSwapscUSD/stS on Beets V2scUSD/msUSD on Shadow ExchangeUSDC/scUSD on Solidly V3scUSD/stS on EqualizerSACRA/scUSD on Shadow ExchangeSHADOW/scUSD on Shadow ExchangewstkscUSD/scUSD on Shadow ExchangeSonic USD
Sonic USD Price (scUSD)
Date | Market | Type | Price (USD) | Price | scUSD | 2nd ASSET | Total | TXN |
|---|---|---|---|---|---|---|---|---|
No transactions data for this pool | ||||||||
USDC/scUSD on Shadow ExchangewaSonUSDC/scUSD on Beets V3USDC/scUSD on Metropolis LBUSDC/scUSD on SwapXscUSD/stS on Beets V2wmooSiloV2SonicUSDC.e (wS Market)/scUSD on Beets V3frxUSD/scUSD on Shadow ExchangescUSD/MYRD on Shadow ExchangewS/scUSD on Metropolis LBwS/scUSD on Metropolis LBscETH/scBTC on Beets V2OS/scUSD on SwapXscUSD/BRUSH on Beets V2scETH/scUSD on Beets V2scETH/F on Beets V2scETH/GOGLZ on Beets V2wS/scUSD on Metropolis LBscETH/scUSD on EqualizerRZR/scUSD on EqualizerscETH/scUSD on Beets V2wS/scUSD on Metropolis V2USDC/scUSD on EqualizerUSDC/scUSD on SilverSwapFUEGO/scUSD on Shadow ExchangeUSDC/scUSD on Beets V2scETH/scUSD on Beets V2wS/scUSD on EqualizerscETH/scUSD on Beets V2scUSD/PAL on Shadow ExchangescUSD/eliteRingsScUSD on Shadow ExchangewS/scUSD on SilverSwapscUSD/stS on Beets V2scUSD/msUSD on Shadow ExchangeUSDC/scUSD on Solidly V3scUSD/stS on EqualizerSACRA/scUSD on Shadow ExchangeSHADOW/scUSD on Shadow ExchangewstkscUSD/scUSD on Shadow Exchange
What is the price of Sonic USD (scUSD)?
The Current Price for Sonic USD (scUSD) on Sonic is $1.00
Where to buy Sonic USD (scUSD)?
You can see all scUSD liquidity pools on Sonic in the Sonic USD Liquidity pools tab
What is Sonic USD (scUSD) liquidity?
The liquidity value for Sonic USD (scUSD) on Sonic chain is $>999T
What is scUSD, Sonic USD?
Sonic USD is a cryptocurrency token on Sonic. scUSD value is $1.00
How to trade scUSD?
You may buy or sell scUSD on Sonic in one of scUSD Liquidity pools
About Sonic USD
Sonic USD is a crucial component of the Sonic chain ecosystem, designed to enhance the utility of stablecoins and Ethereum derivatives within this network. It operates as a meta-stable protocol that facilitates the seamless transition of assets from the Ethereum Mainnet to the Sonic chain, enabling users to earn yield on their holdings.
Users can bridge Ethereum and stablecoins to Sonic, allowing them to mint Sonic USD (scUSD) and Sonic ETH (scETH). These newly minted tokens can be staked to generate yield, converting them into yield-bearing versions known as stkETH and stkUSD. Additionally, users have the option to lock their tokens for governance purposes, transforming them into veETH and veUSD, which grants them governance power within the ecosystem.
The process of minting scUSD and scETH involves depositing initial funds into Veda Vaults. These vaults are designed to strategically reallocate the backing assets into yield-generating strategies. The returns produced from these strategies are then distributed across various eligible decentralized applications (dApps) within the Sonic ecosystem.
The distribution of yield is managed through the veUSD gauge tokenomics, ensuring that rewards are allocated efficiently and effectively. This mechanism creates a robust incentive structure for users to participate actively in the Sonic ecosystem, enhancing its overall functionality and appeal.
Sonic USD aims to empower users by providing them with various options for earning, governance, and participation within a rapidly evolving DeFi landscape.
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