USE
Stablecoin-Profil
USE (USE) ist ein algorithmischer Stablecoin – die USD-Bindung wird durch On-Chain-Protokollmechanik statt durch Off-Chain-Reserven aufrechterhalten. Aktuell befinden sich 117.759,7 $ im Umlauf, verteilt auf 1 Blockchain-Netzwerke. Der Mechanismus passt das Angebot (Mint und Burn) an Marktpreisabweichungen vom Ziel-Peg an.
Über USE (USE)
$USE (Universal Stablecoin for Ergo) is a new decentralized, algorithmic stablecoin built on the Ergo blockchain. It is designed to be a more resilient and scalable alternative to previous models like SigUSD.
$USE is a next-generation stablecoin that tries to solve the liquidity and "lock-up" issues of older models. It uses a bank-and-arbitrage system to keep its $1 peg and relies on a community-funded liquidity pool to stay healthy.
Jüngste Angebotsaktivität
USE (USE) supply was unchanged in the last 24 hours, expanded by 589,3 $ (+0.50%) over the past week, and expanded by 8060,3 $ (+7.35%) over the past 30 days.
Expansion phase: minting activity has outpaced redemptions, with circulating supply growing 7.35% over the past month.
Supply-Verlauf
Network distribution
USE circulates across 1 blockchain network. Ergo hosts the largest share at 100.00%. Ergo has shown the strongest 30-day growth at +7.35%, suggesting fresh issuance or bridge inflows on that chain.
| Kette | Angebot | Anteil | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Ergo | 117.759,7 $ | 100.00% | 0.00% | +7.35% |
Verlauf der Peg-Stabilität
USE (USE) relies on protocol-level supply rebalancing rather than direct asset redemption to defend its 1.00 USD peg. The spot price is currently $0.9999 (-0.010% deviation). Algorithmic designs carry materially higher peg-failure risk than reserve-backed stablecoins — the May 2022 Terra/UST collapse remains the canonical reference case.
Wie algorithmic-Stablecoins ihren Peg verteidigen
Algorithmic stablecoins attempt to balance supply and demand through protocol-level mint/burn incentives — typically against a paired governance or seigniorage token. When the price drops below $1.00, the protocol burns supply (often by letting holders swap into a discounted asset); when it rises above $1.00, the protocol mints new tokens. This design only holds when the paired asset retains independent demand. If the market loses faith in the paired asset, the feedback loop reverses and produces a hyperinflationary "death spiral" — the failure mode that wiped out roughly $60B in the Terra/UST collapse.
Praktische Auswirkungen für Inhaber
- Peg-failure tail risk is materially higher than reserve-backed designs. Position sizing should reflect this — algorithmic stablecoins are not a "cash equivalent" for risk-management purposes.
- Read the latest collateralisation ratio carefully: many "algorithmic" stablecoins have since migrated to partial or full collateralisation. The label can lag the actual mechanism.
- Reflexive feedback loops mean small redemption pressure can cascade. Exit liquidity should be assessed during normal conditions, not after stress begins.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (algorithmic) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Vertragsadressen
USE (USE) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Kette | Vertragsadresse | Verifizieren |
|---|---|---|
| Ethereum | a55b8735ed1a99e46c2c89f8994aacdf4b1109bdcf682f1e5b34479c6e392669 | Explorer |
Vertragsadressen stammen aus dem Stablecoin-Profil von DeFiLlama. Einige Ketten (Tron, Solana, Aptos, Sui) verwenden Nicht-EVM-Adressformate. Der „Explorer"-Link öffnet den offiziellen Blockexplorer für die jeweilige Kette; wir verlinken nicht auf Drittanbieter-Explorer, die geänderte Daten anzeigen könnten.
USE mit anderen algorithmic-Stablecoins vergleichen
Below are the largest algorithmic stablecoins tracked on Mantapex alongside USE (USE). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Angebot | Mechanismus | Ketten |
|---|---|---|---|
| Frax (FRAX) | 212 Mio. $ | algorithmic | 22 |
| Bean (BEAN) | 33,4 Mio. $ | algorithmic | 1 |
| Neutrino USD (USDN) | 31,1 Mio. $ | algorithmic | 4 |
| SpiceUSD (USDS) | 18 Mio. $ | algorithmic | 4 |
| Mento Dollar (USDm) | 16 Mio. $ | algorithmic | 5 |
Über Mechanismusklassen hinweg
If you're researching USE as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Peg-Stabilität
Chain-Verteilung
Ressourcen & Datenquellen
USE (USE) is tracked across major crypto data providers. The links below open USE (USE)'s pages on DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Verwandte Stablecoins
Stablecoins comparable to USE by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Andere algorithmic Stablecoins
An USD gebundene Stablecoins
Größte Stablecoins nach Angebot
Risikohinweis
Stablecoins tragen Risiken, einschließlich De-Pegging, regulatorischer Änderungen und Gegenparteirisiken. Diversifiziere immer und führe eigene Recherchen durch.