avatar

Platypus Launches $USP Stablecoin

Avalanche-based DEX Platypus announced the launch of $USP, its native over-collateralized stablecoin.

$USP aims to improve capital efficiency. Users can deposit assets on Platypus and use the LP tokens as collateral to mint $USP. Meanwhile, they can continue to farm on Platypus liquidity pool with their LP tokens.

Source

DeFi

DEX

Stablecoins

Avalanche

In This Article

Related News
Hyperliquid sees record outflows following North Korea hack concerns Hyperliquid sees record outflows following North Korea hack concerns
Total stablecoin market cap tops $200 billion as onchain lending yields surge Total stablecoin market cap tops $200 billion as onchain lending yields surge
Hyperliquid's HYPE surpasses Aave in market cap, claims nearly half of decentralized perpetual swaps volume Hyperliquid's HYPE surpasses Aave in market cap, claims nearly half of decentralized perpetual swaps volume
Hyperliquid plans to launch HYPE token in Nov. 29 'genesis event' Hyperliquid plans to launch HYPE token in Nov. 29 'genesis event'
Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51 Bernstein names Robinhood as top 'crypto deregulation trade,' raises price target to $51
Latest News More More
1 Day Ago Mantra and Damac sign $1B deal to tokenize Middle Eastern assets
1 Day Ago Fetch.ai launches $10M accelerator for AI agent startups
2 Days Ago Fidelity’s spot bitcoin, ether ETFs post largest daily net outflows since inception
2 Days Ago Polkadot-based Phala Network launches Ethereum Layer 2 rollup
3 Days Ago Coinbase premium flips positive for first time in weeks, indicating rising bitcoin demand from US investors

About TokenInsight

Services

Products

Support

Google Play
Google Play
Google Play
2018 – 2023 © TokenInsight Ltd. All rights reserved
Disclaimer Terms of Service Privacy Policy
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open