You’ll find price for Synatra Staked USDC (YUSD) around $1.60587, with a 0.00% increase over the past day.
Yesterday vs today, Synatra Staked USDC (YUSD) shows 24-hour volume of $34.2K, an increase of 180.85%.
Its current market capitalization is approximately $3.3M. Liquidity across major Solana DEXes is currently at $56.0K.
YUSD is actively traded in Solflare wallet. The token is verified according to Solana's token registry. This token can be swapped instantly on Solflare for any other supported asset. You can also set advanced limit orders for this token directly within the Solflare wallet, allowing you to automate trades based on your chosen price targets.
Synatra is a synthetic staking protocol on Solana. Users may stake SOL or USDC in the protocol, which gets deployed through various strategies to earn yield. Some of the yield generation strategies we use include cash-carry, hedge-carry, lending, leveraged staking, NFT collateralized lending, and airdrop farming. yUSD is the receipt token which can be used to unstake the USDC and claim back the principle plus interest accrued. We gave grown to about $4.5M of TVL which earns roughly $1-1.25M revenue annually.