FLEXUSD Price Today
flexUSD price today is $0.425200 with a 24-hour trading volume of $127,075. FLEXUSD price is up 4.5% in the last 24 hours. It has a circulating supply of 200 Million FLEXUSD coins and a total supply of 197 Million. If you are looking to buy or sell flexUSD, Benswap is currently the most active exchange.
What was the highest price for flexUSD?
flexUSD hit an all time high of $1.09 on May 12, 2022 (about 2 months).
What was the lowest price for flexUSD?
flexUSD had an all time low of $0.308257 on Jun 29, 2022 (1 day).
What was the 24 hour trading volume of flexUSD?
The 24 hour trading volume of flexUSD is $127,075.
Where can flexUSD be traded?
What is flexUSD?
flexUSD is a cross chain interest bearing stablecoin, which is mint-able and redeemable 1:1 for USDC. flexUSD was originally created to run on BCH’s SLP network, but has expanded to include ERC20 as well.
How much yield does flexUSD pay?
flexUSD pays a floating interest rate that is set by the market. flexUSD pays anywhere between 6-80% APY. flexUSD yield statistics can be found here.
How does flexUSD earn yield?
flexUSD deploys USDC in the CoinFLEX repo markets where it acts as an anchoring borrow/lend AMM protocol to provide stable borrowing rates to crypto collateralised borrowers and earn healthy sustainable yields for lenders. The flexUSD protocol’s balances and trades are fully auditable and more information about the AMM mechanism is available here.
How does flexUSD pay yields?
flexUSD pays interest 3 times a day at 04:00 UTC, 12:00 UTC, and 20:00 UTC after each delivery auction on CoinFLEX. flexUSD hodlers receive payments directly to wherever their flexUSD is held.
Where can I store flexUSD?
flexUSD can be held on SLP wallets such as bitcoin.com, erc20 wallets such as metamask, cold storage devices such as ledgers, and on the CoinFLEX exchange where flexUSD can be used as collateral with an LTV of 1 to earn additional yield whilst trading.
Where can I learn more about flexUSD?
You can join the official CoinFLEX telegram, the team and community is always available to answer questions.