Uncap USD
USDUPrice
$1.00
+0.00% off peg
Market Cap
$915
Market Cap
$915
Dominance
0.00%
Price
$1.00
% Off Peg
+0.00%
24h Supply
0.00%
7d Supply
0.00%
30d Supply
0.00%
Networks
1
Circulating Supply
Total USDU across all chains
Chain Distribution
Current supply by network
About Uncap USD
Uncap USD (USDU) is a fully decentralized, Bitcoin-backed synthetic dollar built on Starknet. It is hard-pegged to USD and overcollateralized by on-chain Bitcoin, enabling users to mint a censorship-resistant stable asset while retaining full custody and verifiability of the underlying collateral.
Mint & redeem
Users can mint USDU by depositing Bitcoin as collateral into the Uncap protocol. USDU maintains its $1 peg through direct redemptions, allowing anyone to redeem 1 USDU for $1 worth of Bitcoin at any time. Price stability is enforced via arbitrage incentives, when USDU trades below $1, redemptions reduce supply, and when it trades above $1, new USDU can be minted, ensuring a stable peg without centralized control or algorithmic intervention.