BOOKUSD (BUD)$0.96
-0.12% (24H)
Low $0.96
High $1.00
- Market Cap $38,768
- Volume $20
- Available Supply 40,228 BUD
- ATH $1.92
- ATH(% Change) -49.74%
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| Date | Price | Volume | MarketCap |
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BOOKUSD current price is $0.96 with a marketcap of $38,768. Its price is -0.12% down in last 24 hours.
BUD is a decentralized stablecoin designed to maintain a soft peg to the US Dollar. It is the native stablecoin of the BOOKUSD protocol, a borrowing platform deployed on the BNB Chain. Users can mint BUD by depositing BOOK tokens as collateral, enabling access to on-chain liquidity without needing to sell their assets.The BOOKUSD protocol is a fork of Liquity V1, originally built on Ethereum, but modified to use BOOK—an asset native to the BNB Chain—instead of ETH as collateral. The protocol offers interest-free borrowing and operates with a liquidation mechanism based on collateral ratios and stability pools to maintain system health.
