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Resolv USR current price is $1.00.

$1.00

0.01% (24H)
  • Market Cap $241,698,526.00
  • Volume $2,303,150.00
  • Available Supply 241,775,243 USR

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Date Price Volume MarketCap

Resolv USR current price is $1.00 with a marketcap of $241,698,526.00. Its price is 0.01% up in last 24 hours.

Resolv is a protocol that maintains USR, an overcollateralized stablecoin natively backed by Ether (ETH). USR achieves its peg by hedging its collateral pool and maintaining a tokenized insurance fund called RLP. Users can stake USR to obtain the yield-bearing version called stUSR. USR is minted by depositing liquid assets, such as USDC or USDT, on 1:1 value basis. When USR is redeemed, a user receives a 1:1 equivalent to the notional amount.