Sperax issues USDs, an auto-yield stablecoin on Arbitrum that deploys collateral into audited DeFi strategies, distributing 70% of yield to holders and retaining the remainder.

Sperax is a yield aggregator platform where the USDs stablecoin auto-generates yield by deploying collateral to audited DeFi protocols, distributing 70% of yield to holders.

Sperax was founded in 2019 by Yunchuan Wei and Frida Cai, backed by Jump Trading and Polychain Capital.

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Stablecoin issuers

Sperax

# Circulating supply Methodology

## Overview

Circulating supply measures the number of tokens that are currently available for trading on the open market. It excludes tokens that are locked, unvested, or held in the project’s own treasury.

Number of tokens currently available for trading on the open market.

SperaxSPA

Circulating supply

Circulating supply

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