Rings scUSDPrice(SCUSD)
Details Rings scUSD (SCUSD) Price information (USD)
The current real-time price of SCUSD is $0.9987. In the past 24 hours, SCUSD has traded between $0.9985 and $0.9991, showing strong market activity. The all-time high of SCUSD is $1.022, and the all-time low is $0.9444.
From a short-term perspective, the price change of SCUSD over the past 1 hour is
Rings scUSD (SCUSD) Market Information
Rings scUSD (SCUSD) Today's Price
The live price of SCUSD today is $0.9987, with a current market cap of $1.914M. The 24-hour trading volume is 7K. The price of SCUSD to USD is updated in real time.
Rings scUSD (SCUSD) Price History (USD)
What is RINGS SCUSD (SCUSD)?
When is the right time to buy SCUSD? Should I buy or sell SCUSD now?
Before deciding whether to buy or sell SCUSD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SCUSD technical analysis can provide you with trading references.
Future price trend of SCUSD
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SCUSD.
How much will SCUSD be worth tomorrow, next week, or next month in ? What about your SCUSD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SCUSD Price Prediction
How to buy RINGS SCUSD (SCUSD)
Convert SCUSD to local currency
SCUSD Resources
To learn more about SCUSD, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xe2db...40e80c  | 1,925 | 39.82% |
ethereum | 0x7f81...19482d | 1,169 | 24.18% |
ethereum | 0xc6f3...30accc | 550 | 11.38% |
ethereum | 0x192f...598d97 | 360 | 7.45% |
ethereum | 0x3754...1be720 | 236 | 4.88% |
Other | 594.3998 | 12.3% |
Hot Events
RINGS SCUSD (SCUSD) FAQ
What is Rings scUSD (scUSD) and what is its primary purpose?
Rings scUSD is a yield-bearing stablecoin built on the Sonic network, which is the high-performance evolution of Fantom. Its primary purpose is to bridge liquidity from Ethereum to the Sonic ecosystem. Unlike traditional stablecoins that remain idle, scUSD represents underlying collateral that is actively managed to generate yield, providing users with a productive asset within the decentralized finance space.
How is the yield for scUSD generated and distributed?
When users mint scUSD, their stablecoin collateral is sent to audited Veda BoringVaults on Ethereum. These vaults automate farming strategies on blue-chip protocols like Aave to generate returns. The resulting yield is then either distributed directly to scUSD holders or utilized to provide liquidity incentives across the Sonic ecosystem, ensuring the asset remains yield-efficient.
What is the difference between scUSD and stkscUSD?
scUSD is the base yield-bearing token representing the underlying collateral in Ethereum vaults. stkscUSD (Staked scUSD) is a secondary token received when a user stakes their scUSD within the Rings application. Holding stkscUSD allows users to earn an additional layer of yield derived from Sonic protocol fees and ecosystem-specific incentives on top of the base yield.
How can users mint scUSD and access the Sonic network?
Users can mint scUSD via the Rings Protocol dashboard by depositing stablecoins like USDC, USDT, or DAI from either Ethereum or Sonic. If minting on Ethereum, the protocol handles the bridging of scUSD to the user's Sonic wallet automatically. To move other assets to the network, users can utilize the native Sonic Gateway or supported third-party bridging solutions.
How does scUSD contribute to ecosystem rewards and airdrop programs?
scUSD is designated as a "boosted" asset within the Sonic Labs points program. By holding scUSD or utilizing it in participating Sonic decentralized applications, such as lending protocols or exchanges, users typically receive a 6x multiplier toward upcoming ecosystem airdrops. This makes it a highly efficient asset for users looking to maximize their participation rewards within the network.
What is the "meta-stable" concept and the role of veNFTs in governance?
Rings is described as "meta-stable" because it functions as a liquidity hub that provides a deep, yield-bearing foundation to stabilize other assets on the Sonic chain. Governance is managed through a model where users lock tokens to receive veUSD, represented as veNFTs. This grants voting power to decide the distribution of rewards and liquidity across the network, allowing holders to earn protocol fees and incentives.
