Rings scUSD current market price is $0.999 with a 24 hour trading volume of $7,236.57K. The total available supply of Rings scUSD is 1,916.84K SCUSD. It has secured Rank 2963 in the cryptocurrency market with a marketcap of $1,915.09K. The SCUSD price is 0.02% up in the last one hour.
The high price of the Rings scUSD is $1.00 and low price is $0.999 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.
2963
$0.999
$1,915.09K 0.01%
$1,915.09K
$7,236.57K
1,916.84K SCUSD
1,916.84K SCUSD
(Not Available)
$1.00
$0.999
$1.02 1.8%
13 Jan 2025
$0.944 5.78%
30 Jan 2025
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0.02%
0.02%
0.01%
0.05%
0.04%
0.04%
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Rings is the meta-stable protocol of Sonic chain. It is the main bridge for Ethereum Mainnet stablecoins and ETH derivatives token holders to start earning yield on Sonic.Bridge ETH & Stablecoin from Mainnet to Sonic, Mint scETH and scUSD, stake it for stkETH and stkUSD to make it yield bearing, or lock it for veETH and veUSD to access governance power.When minting scUSD and scETH, users deposit their initial into Veda Vaults which then reallocate the backing toward yield bearing strategies. The yield generated is then redistributed across eligible Sonic dApps and the distribution is controlled by the veUSD gauge tokenomic.