USDK

Orki USD

USDK
Crypto-backed USD-pegged Rank #337

Price

$0.999522

-0.05% off peg

Market Cap

$2.2K

Market Cap

$2.2K

Dominance

0.00%

of market

Price

$0.999522

% Off Peg

-0.05%

24h Supply

0.00%

7d Supply

+0.00%

30d Supply

-77.98%

Networks

1

chains

Circulating Supply

Total USDK across all chains

$872.8K
$2.2K
Jun 2, 2025
Jun 2, 2026

Chain Distribution

Current supply by network

Swellchain
$2.2K 100.0%

About Orki USD

USDK is the USD-pegged, overcollateralized and native stablecoin on Swellchain. Issued by Orki Finance and backed by LST/LRT-based assets like swETH and rswETH

Mint & redeem

USDK maintains its $1 peg through a market-driven mechanism where borrowers adjust interest rates in response to price fluctuations, and arbitrageurs engage in redemptions when USDK trades below $1. USDK can be redeemed at face value for its underlying collateral, ensuring liquidity and price stability

Data via DefiLlama & CoinGecko. Figures update periodically and may differ slightly from other trackers. Not investment advice.