What is SOULPEG USD(SPUSD)?

Basic information about SPUSD

Coin name:

SoulPeg USD

Coin symbol:

Coin introduction:

SoulPeg USD (SPUSD) is a BEP-20 stablecoin wrapper for the non-transferable sUSDC deposit token. Users mint SPUSD by wrapping sUSDC and can always unwrap back to sUSDC; on redeem, SPUSD is burned. The $1 target is maintained on-chain by a simple market-making bot that trades the SPUSD/USDC v2 pool on PancakeSwap and by reserves deployed in transparent lending strategies (currently Venus). Contracts are verified on BscScan, liquidity is partially time-locked via PinkLock, and all docs/code are public.

Current Price:

$1.00More coin details

All-time high:

$1.05

All-time low:

$0.97

SPUSD Supply Info and Tokenomics

Circulating supply:

9,119,188

Total supply:

9,119,188

Max supply:

Market cap:

$9.15M

Fully diluted valuation:

$9.15M

What is the outlook and future value of SPUSD?

The current market cap of SPUSD is $9.15M, ranked 1652 in the market, showing that the market already recognizes the value of SPUSD. When a bull market arrives, the market cap of SPUSD may continue to grow.

Moreover, if SPUSD can play a greater role in real-world applications—such as if the Monero developers can fully empower SPUSD and establish partnerships with more business partners to expand its user base—then the long-term value of SPUSD will be further enhanced.

What is the price of SPUSD in 2027?

According to the historical price performance prediction model of SPUSD, the price of SPUSD is expected to reach $1.05 at 2027.

Note: As with any crypto investment, investors should closely monitor SPUSD’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get SPUSD?

Purchasing SPUSD with cash is not the only way to obtain SPUSD. If you have enough time, you can get SPUSD for free.

Learn how to get Hot rewards for free with SPUSD.

Earn free SPUSD by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get SPUSD airdrops for free.

All crypto airdrops and rewards can be exchanged for SPUSD through LBank spot trading.

Buy SPUSD starting from $1

What is SPUSD used for and how to use it?

The use cases for SPUSD may grow with the development of the crypto market and project progress. Currently, you can use SPUSD to:

Arbitrage trading of SPUSD

SPUSD is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many SPUSD trading pairs to suit your needs.

Earn yield with SPUSD

You can also lend out SPUSD or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your SPUSD gains.

Send or pay with SPUSD

If you want to pay someone with SPUSD, you can easily and quickly send SPUSD to them using their receiving address.

You can also visit the official website of SoulPeg USD to learn more use cases of SPUSD, such as whether the SoulPeg USD project supports community/eco apps or buying physical or virtual goods with SPUSD.