# Aegis

> Track Aegis with daily standardized on-chain data across 3 chains. Compare Aegis with other stablecoin issuers. See charts and datasets in one place.

Source: [Aegis on Token Terminal](https://tokenterminal.com/explorer/projects/aegis). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Sectors: Stablecoin issuers
- Chains: avalanche, bsc, ethereum

## About

### What it is

Aegis is a decentralized stablecoin platform issuing Bitcoin-backed YUSD that generates yield through delta-neutral trading strategies. The protocol distributes funding-rate payments from Bitcoin perpetual markets to stablecoin holders, with sYUSD as an auto-compounding staked variant.

### Who uses it

Aegis was founded by a team of financial industry veterans and backed by Dewhales Capital and Profluent Ventures.

### How it works

Aegis issues YUSD, a Bitcoin-backed synthetic dollar that earns yield from BTC perpetual funding rates by holding spot positions hedged with COIN-M futures, distributing rewards weekly to holders.

## Metrics

Token Terminal tracks these metrics for Aegis daily. Each page has a chart with the full history.

- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/aegis/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/aegis/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/aegis/metrics/active-addresses-monthly)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/aegis/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/aegis/metrics/gas-used)

## Links

- [website](https://aegis.im/)
- [twitter](https://twitter.com/aegis_im)