IUSD, issued by the InfiniFi Protocol smart contracts under the governance of protocol tokenholders, is a fiat-referenced stablecoin that records a claim referencing the U.S. dollar (USD) for holders who acquire it onchain.

Holders receive a token referencing the U.S. dollar (USD) at a one-to-one ratio, where one IUSD references one USD. The economic exposure derives from a fractional reserve model in which deposited assets are deployed into decentralized finance lending protocols, and any yield arising from those lending positions accrues within the protocol structure rather than as a direct distribution to the holder.

IUSD is not issued by a single corporate entity; it is issued by the InfiniFi Protocol smart contracts under the governance of protocol tokenholders. Holders acquire a token referencing the U.S. dollar (USD) at a one-to-one ratio, with the backing held under a fractional reserve model whose deposits are deployed into decentralized finance lending protocols. The protocol operates onchain through autonomous smart contract logic, and mint and redemption of IUSD are processed through the protocol's onchain functions according to the parameters those contracts enforce.

IUSD is issued onchain as a fungible token transferable on supported public networks. Mint and redemption are processed through the protocol's smart contracts, which record holder balances and reference the U.S. dollar (USD) at a one-to-one ratio, with settlement occurring onchain as transactions confirm on the supporting network.

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# Asset senders (monthly) methodology

## 1. Overview

Asset senders (monthly) is defined as the number of unique addresses from which asset transfers are initiated over a rolling 30-day period. For each tracked asset, outgoing transfer transactions are analyzed across supported blockchains to identify the sending addresses. These addresses are deduplicated over a 30-day window to represent the monthly active sender base. This metric is utilized to evaluate user adoption, transactional activity, and the overall utility of tokenized assets.

## 2. Data sources

- **EVM chain events**: Token transfer events, covering EVM-compatible chains (Ethereum, Arbitrum, Base, Polygon, Optimism, and others)
- **Solana instructions**: Token transfer instructions
- **Aptos, Sui, Cardano, and Stellar Classic data**: Token withdraw transactions
- **Stellar Soroban, Algorand, Near, Injective, and Ripple data**: Token transfer transactions
- **Polkadot Asset Hub events**: `Transferred` events from `assets` pallets
- **Asset metadata**: Token contract addresses and decimal precision

## 3. Step-by-step calculation

### Component A: Extract daily asset senders

- **Purpose**: Identify unique addresses initiating transfers on a daily basis
- **Logic**: On EVM-compatible chains, token transfer events are parsed to extract the sender address from the transaction, excluding the zero address. On Solana, token transfer instructions are parsed to identify the authority address. On Aptos, Sui, Cardano, and Stellar Classic, token withdraw transactions are parsed to extract the account address. On Stellar Soroban, Algorand, Near, and Injective, token transfer transactions are parsed to extract the sender address, excluding null addresses. On Ripple, token transfer transactions with negative values are parsed to identify the sending account address. On Polkadot Asset Hub, `Transferred` events from `assets` pallets are parsed to extract the sender address. For all chains, the extracted addresses are grouped by day and token address to produce a daily record of unique senders.
- **Key fields**: `timestamp` (block day), `token_address` (asset identifier), `sender_address` (initiating address)

### Component B: Aggregate rolling monthly senders

- **Purpose**: Calculate the unique sender count over a rolling 30-day window
- **Logic**: A daily datespine is generated to establish a continuous timeline. For each day in the timeline, a 30-day lookback window is constructed, encompassing the current day and the preceding 29 days. Daily sender addresses collected within this window are aggregated and deduplicated. The total number of unique, deduplicated addresses is then counted for each asset on each day.
- **Key fields**: `timestamp` (calculation day), `token_address` (asset identifier), `asset_senders` (unique monthly sender count)

### Component C: Final aggregation and zero-filling

- **Purpose**: Combine data across chains and fill missing activity days
- **Logic**: The deduplicated monthly sender counts are aggregated at both the individual chain level and the global asset level. For days where no transfer activity is recorded for a tracked asset, the metric is filled with zero values to maintain a continuous time series.
- **Key fields**: `timestamp` (reporting day), `chain_id` (blockchain identifier), `token_address` (asset identifier), `asset_senders` (final monthly unique sender count)

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique asset senders over a rolling 30-day window.

Asset senders (monthly)

Stablecoins

InfiniFi operates through smart contracts that automatically execute risk management strategies based on predefined parameters and market conditions. The protocol generates revenue through performance fees and management fees while maintaining decentralized governance through token holders who vote on protocol upgrades and parameter adjustments.

The platform offers automated risk assessment, portfolio rebalancing, and yield optimization services across multiple blockchain networks. InfiniFi enables users to maximize returns while minimizing exposure through sophisticated algorithmic strategies and real-time market analysis integrated directly into DeFi protocols.

InfiniFi is a decentralized finance protocol that provides institutional-grade risk management and portfolio optimization solutions for DeFi participants.

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Real-world asset (RWA) issuers

InfiniFi

InfiniFi USD (IUSD) is a U.S. dollar stablecoin issued by InfiniFi.

Retail investors, professional investors, accredited investors, qualified investors, qualified purchasers, and institutions can mint and redeem directly with InfiniFi in USDC, and holders have a contractual right to redeem at par.

IUSD has been issued on Ethereum as an ERC-20 token since May 2025, with a bridged version on one more network.

InfiniFi USDIUSD