Platypus USD(USP)
Onchain AUM-
Key Metrics
-
$0
Chains1
Onchain AUM-
Key Metrics
-
$0
Chains1
Token Properties
CategoryNon-RWA Stablecoins
Asset ClassCrypto Stable
TypeAsset
RWA ClassificationRWA
Access ModelPermissionless
Parent PlatformPlatypus
Classification
RedeemableIndicates whether the token can be redeemed for underlying assets
TransferableIndicates whether the token can be transferred freely between on chain addresses
Self CustodyIndicates whether the token can be held in a user controlled wallet
AttestationsIndicates whether the issuer provides periodic attestations or assurance reports regarding reserves or backing
Notes
- USP was the overcollateralized stablecoin of the Platypus stableswap ecosystem on Avalanche. It was designed to be minted against protocol collateral positions and redeemed through Platypus liquidity, relying on collateralization and swap incentives to support its peg. Following the Platypus exploit and subsequent wind-down, USP has been deprecated. any remaining liquidity/redemption paths depend on protocol status and carry elevated depeg and smart-contract risk.
DeFi Yield Opportunities (4)
Pool | Reference | Protocol | Chain | 30d Trend | |||||
|---|---|---|---|---|---|---|---|---|---|
| 1USP-USDC0.05% | USP-USDC | $146,658 | 2.05% | Mixed 44 | |||||
| 2frxUSPfrxUSD/USP | frxUSD-USP | $73,466 | 15.66% | Mixed 64 | 11 | ||||
| 3PT-USP-26NOV2026PT USP Yield Optimized Stablecoin 26NOV2026 | USP | $31,855 | 18.91% | Stable 96 | 14 | ||||
| 4PLP-USP-26NOV2026PLP USP Yield Optimized Stablecoin 26NOV2026 | USP | $31,855 | 20.91% | Mixed 63 | 10 |
Chains
Avalanche
Primary