USDai

USDAI Price

About USD.AI (USDai)

USD.AI is a yield-bearing synthetic dollar backed by loans against AI hardware, compute, and DePIN assets.

• The protocol provides non-dilutive financing facilities for AI infrastructure operators secured by GPU fleets and asset-level cashflows.
• It features a two-sided credit market where borrowers access capital for scaling and depositors earn yield from infrastructure economics.
• USDai functions as a fully-backed synthetic dollar collateralized by other stablecoins and US Treasuries.

What Is USD.AI

USD.AI is a decentralized credit protocol designed to bridge the gap between AI hardware assets and institutional-scale financing. It operates as a two-sided marketplace where AI infrastructure operators can secure non-recourse loans by using their GPU fleets and generated cashflows as collateral. This structure allows operators to finance acquisitions and data center buildouts without diluting their equity.

Value moves through the system as depositors provide capital in the form of stablecoins to mint USDai. This capital is then deployed into financing facilities for borrowers or held in reserve. The protocol generates value by matching the financing needs of high-growth AI and DePIN (Decentralized Physical Infrastructure Networks) projects with capital providers seeking exposure to the income-producing potential of compute assets. As the AI ecosystem expands and more hardware requires financing, the protocol's loan book and utility as a specialized credit layer grow accordingly.

What Makes USD.AI Unique

• Hardware-Backed Credit: Unlike many DeFi protocols that rely on volatile crypto assets, USD.AI originates loans secured by physical GPU infrastructure and tangible cashflows.
• AI-Specific Financing: It addresses the specific financing needs of AI infrastructure providers, offering non-recourse loans that limit liability to the collateralized assets.
• Dual Stream Yield: The protocol combines interest from active GPU infrastructure loans with yield from US Treasury bills held in idle reserves.
• Synthetic Dollar Architecture: It provides a stable unit of account (USDai) while offering a separate yield-bearing instrument (sUSDai) for capital providers.

What Can You Use USD.AI for?

USD.AI is pegged to the US Dollar. The protocol offers the following use cases:

• Value retention: USDai serves as a digital representation of the US Dollar, allowing users to hold a stable unit of account on-chain and reduce exposure to broader cryptocurrency market volatility.
• Yield generation: Users can stake USDai to receive sUSDai, which accrues yield automatically. This yield is derived from interest payments made by AI infrastructure borrowers on GPU loans and from US Treasury bills used to back idle reserves. This category of yield-bearing stablecoins allows for passive income generation through real-world asset backing.
• Cross-border settlement / value transfer: As a synthetic dollar available on multiple networks including Arbitrum and Base, USDai can be used for international remittances and the global transfer of value with the efficiency of blockchain technology.
• Collateralization: The protocol supports the use of USDai as a liquid and composable instrument that can be integrated into borrowing and lending protocols or used as margin for derivatives within the DeFi ecosystem.

How Does USD.AI Work?

USD.AI functions through a series of smart contracts that manage the minting, staking, and loan origination processes. Operators apply for financing facilities by pledging their GPU fleets as collateral. These loans are structured as non-recourse, meaning the protocol's claim is limited to the physical hardware and its generated income, though springing recourse may apply in cases of fraud.

Depositors interact with the protocol by depositing stablecoins to mint USDai at a one-to-one ratio. To earn yield, users stake their USDai to receive sUSDai. The value of sUSDai increases relative to USDai as interest from the loan book and Treasury bill rewards accrue to the protocol. The protocol implements protocol service fees for managing these facilities and maintaining the credit market. Because USD.AI is an application layer built on networks like Ethereum and Arbitrum, users pay network fees in the native asset of the respective blockchain, while the protocol's own fees are handled at the application level.

Team Info and Investors

The source material does not specify individual team members or a list of early-stage investors. The project is governed by the CHIP token, which allows holders to vote on protocol parameters such as hardware qualification, interest rate structures, and fee allocations. This decentralized governance model ensures that both borrowers and capital providers have a stake in the protocol's long-term development and risk management.

Where can you buy USDai?

USDAI tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade USDai is Fluid (Arbitrum), where the most active trading pair USDAI/USDC has a trading volume of $13,393.40 in the last 24 hours. Other popular options include Uniswap V4 (Arbitrum) and Balancer V3 (Plasma).

What is the daily trading volume of USDai (USDAI)?

The trading volume of USDai (USDAI) is $44,015.24 in the last 24 hours, representing a -90.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for USDai (USDAI)?

USDai (USDAI) reached an all-time high of $1.19 and an all-time low of $0.7698. It’s now trading -15.80% below that peak and 29.90% above its lowest price.

What is the market cap of USDai (USDAI)?

Market capitalization of USDai (USDAI) is $328,726,396 and is ranked #135 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDAI tokens (330 Million tokens are tradable on the market today).

What is the fully diluted valuation of USDai (USDAI)?

The fully diluted valuation (FDV) of USDai (USDAI) is $328,726,396. This is a statistical representation of the maximum market cap, assuming total number of 330 Million ETH tokens are in circulation today.

How does the price performance of USDai compare against its peers?

With a price increase of 0.10% in the last 7 days, USDai (USDAI) is underperforming the global cryptocurrency market which is up 12.80%, while underperforming when compared to similar Yield-Bearing Stablecoin cryptocurrencies which are up 1.60%.