Elixir deUSD token
Overview
Elixir deUSD is a synthetic dollar token issued by the Elixir protocol. It is designed to maintain a peg to the US dollar through overcollateralization and market mechanisms. It is used as a stable medium of exchange and store of value within the Elixir ecosystem and across DeFi.
Within the DeFi Intel graph, Elixir deUSD connects to 4 tracked entities, most strongly to Ethereum, Polygon, Avalanche.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 4 of 4 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Polygon | 95% |
deployed_on | Avalanche | 95% |
deployed_on | Sei | 95% |
Frequently asked questions
What is Elixir deUSD?
Elixir deUSD is a synthetic dollar token issued by the Elixir protocol, designed to maintain a peg to the US dollar through overcollateralization and market mechanisms.
What chains is Elixir deUSD deployed on?
Elixir deUSD is deployed on Ethereum, Avalanche, Sei, and Polygon.
What is Elixir deUSD used for?
Elixir deUSD is used as a stable medium of exchange and store of value within the Elixir ecosystem and across DeFi.