Zunami ETH
zunETHCrypto-backed VAR-pegged Rank #353
Price
$0.999522
Market Cap
$71
Market Cap
$71
Dominance
0.00%
of market
Price
$0.999522
% Off Peg
—
24h Supply
0.00%
7d Supply
0.00%
30d Supply
0.00%
Networks
1
chains
Circulating Supply
Total zunETH across all chains
$71
$71
Jun 2, 2025
Jun 2, 2026
Chain Distribution
Current supply by network
Ethereum
$71 100.0%
About Zunami ETH
zunETH is an ERC-20 stablecoin minted using the ETH Omnipool as collateral. The Omnipool functions as a Yield Aggregator, providing liquidity to multiple strategies and reinvesting profits.
Mint & redeem
The Algorithmic Peg Stabilizer (APS) stands as the foundational mechanism for both minting and redeeming zunStables, as well as maintaining their peg to ETH. The concept of APS draws inspiration from AMO of FRAX and bears resemblance to similar mechanisms such as Elixir from Alchemix.