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.

What is the current price of Indigo Protocol iUSD?

Indigo Protocol iUSD (IUSD) is trading at ₹90.1259187726520000, reflecting a price movement of -0.87% over the last 24 hours. This live data aggregates pricing from global exchanges to give traders an accurate market valuation at any moment.

What role does Indigo Protocol iUSD play in its ecosystem?

As a core asset within the -- network and a part of the Stablecoins,USD Stablecoin,Synthetic Asset,Cardano Ecosystem,Crypto-backed Stablecoin sector, IUSD often powers essential functions such as payments, staking, governance voting, and liquidity incentives. Its design can influence how applications or smart contracts operate across its ecosystem.

How actively is IUSD being traded today?

Over the last 24 hours, IUSD recorded ₹-- in trading volume. High volume typically signals strong investor interest, healthier liquidity, and better execution for both small and large traders.

What is the circulating supply of Indigo Protocol iUSD?

There are 9522411.050995 tokens in circulation today, which determines the amount accessible for trading. Circulating supply helps investors estimate scarcity, inflation dynamics, and potential long-term token distribution.

What is the market cap and rank of IUSD?

Indigo Protocol iUSD currently holds market rank #1577 with a market capitalization of ₹862848434.9471778260000, placing it among recognized assets within its sector and helping investors measure its relative scale.

How has Indigo Protocol iUSD performed in the last 24 hours?

Its price has shown a price movement of -0.87% over the last 24 hours. Short-term movement can be influenced by trading sentiment, liquidity shifts, or developments related to the -- network.

How does Indigo Protocol iUSD compare to similar assets in the same category?

Within the Stablecoins,USD Stablecoin,Synthetic Asset,Cardano Ecosystem,Crypto-backed Stablecoin segment, IUSD demonstrates competitive activity supported by strong trading levels, high liquidity, and its ongoing use cases within its ecosystem.