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?

The live price of Indigo Protocol iUSD (IUSD) is $1.006 USD. This real-time valuation is updated continuously and aggregates pricing from major global exchanges to ensure you see an accurate market rate.

How is Indigo Protocol iUSD positioned in the market?

Indigo Protocol iUSD currently sits at market rank #1668, supported by a market capitalization of $9580136. This ranking is influenced by liquidity depth, overall investor demand, and the circulating token supply.

What is the circulating supply of IUSD?

The circulating supply of IUSD is 9522411.050995 tokens, representing the amount available in the open market. This number plays an important role in determining market valuation, scarcity, and long-term inflation dynamics.

What is the 24-hour price range of Indigo Protocol iUSD?

During the last 24 hours, Indigo Protocol iUSD traded within a range of $0.991021 (24-hour low) and $1.022 (24-hour high). This volatility range helps traders understand short-term momentum and market unpredictability.

How far is Indigo Protocol iUSD from its All-Time High and All-Time Low?

Indigo Protocol iUSD reached an all-time high of $1.33, while the lowest recorded price (ATL) is $. These historical benchmarks allow traders to evaluate long-term price potential and cycles.

How active is IUSD trading today?

Trading volume over the past 24 hours is $--, reflecting current market participation. Higher volume often indicates stronger investor interest and deeper market liquidity.

What influences the recent trend direction for Indigo Protocol iUSD?

The current price movement of 0.01% over the last 24 hours is shaped by market sentiment, trading activity, macroeconomic factors, and ecosystem-specific updates related to Stablecoins,USD Stablecoin,Synthetic Asset,Cardano Ecosystem,Crypto-backed Stablecoin. Sudden increases in volume can also act as catalysts for sharp price movements.