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USDA

USDA

USDA is a fully collateralized and credit-based USD stablecoin from Angle.

Risk Rating
Good
$1.00
0.27%
What is USDA?
Information
Blockchain
  • Ethereum
Info
Key Metrics
  • Volume (24H): $453.9K
  • ATH: $1.62 (07/01/2024)
  • ATL: $0.85 (05/31/2024)
Risk Assessment
Good
Asset Strength

USDA is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Angle, a protocol rated as Good. \n\nUSDA is a stablecoin that trades within 50bps of its peg to USD, which makes it a less volatile store of value.

Dependencies
Asset Tokenomics

USDA does not have a supply schedule. USDA is a credit-based stablecoin, meaning it is always overcollateralized.

Things to know about USDA
USDA Pools
Angle USD Fee Sharing
11.1%
Yield
$11M
TVL
Risk
A
Protocol
Angle
Chain
Ethereum
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