Aegis

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.

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.

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