Usual

USUAL Price

About Usual (USUAL)

Usual is a decentralized stablecoin protocol that redistributes ownership and protocol-generated value to its community through the USUAL token.

• The protocol issues USD0, a stablecoin fully backed by Real World Assets (RWA) such as US Treasury Bills.
• It operates as a community-owned issuer where 100% of the value generated by the underlying collateral is routed back to token holders.
• The system is designed to provide a secure, bankruptcy-remote alternative to traditional stablecoins by limiting exposure to commercial bank deposits.

What Is Usual

Usual is a decentralized banking protocol designed to address the value imbalance in the stablecoin market. Traditionally, stablecoin issuers capture the yield generated by user deposits for themselves. Usual reverses this by distributing 100% of the protocol's ownership and revenue rights to the community via the USUAL token. Value moves through the system as users provide capital to mint USD0, which is then backed by revenue-generating Real World Assets.

The USUAL token is "put to work" through staking and governance. Holders can stake their tokens to receive USUALx, which entitles them to a portion of daily token emissions and protocol revenue distributions. As the ecosystem grows and more USD0 is minted, the revenue generated from the underlying treasury assets increases, scaling the value distributed to the community.

What Makes Usual Unique

• On-chain Transparency: Unlike many fiat-backed stablecoins that rely on periodic audits, Usual's collateral is verifiable on-chain in real time, allowing any user to audit reserves.
• Limited Bank Exposure: The protocol minimizes counterparty risk by primarily holding short-dated US Treasury Bills and secured repo agreements rather than relying on commercial bank deposits.
• Community-First Economics: Usual is structured so that 90% of the governance token supply is distributed to the community, ensuring that users, rather than just early investors, own the infrastructure.
• Multi-chain Integration: The protocol is deployed across several networks, including Ethereum, Arbitrum, Base, and BNB Chain, using cross-chain infrastructure for unified liquidity.

What Can You Use Usual for?

• Governance: Holders can participate in key protocol decisions, such as treasury management, collateral asset selection, and parameter adjustments.
• Staking Rewards: Users can stake USUAL to receive USUALx, enabling them to earn a share of daily protocol emissions and weekly revenue distributions.
• Liquidity Provision: The token can be used within various DeFi protocols for yield generation and liquidity provision across integrated decentralized exchanges.
• Collateralization: USUAL and its staked variant can serve as collateral in integrated money markets and lending platforms.

How Does Usual Work?

The protocol functions through two primary layers. The foundational layer is the Collateral Bridge Infrastructure, which manages the minting and redemption of the USD0 stablecoin. This layer connects institutional providers of tokenized Real World Assets with permissionless users. When a user mints USD0, the protocol secures it 1:1 with assets like US Treasury Bills.

The second layer is the Product Offerings Layer, which builds utility on top of the stablecoin. This includes yield-bearing products and the governance framework. Users pay protocol service fees when interacting with certain features, and these revenues are collected by the DAO treasury or distributed to stakers. The protocol uses Proof of Stake mechanisms on its supported blockchains to secure transactions, though USUAL itself is an application utility token rather than a network gas asset.

Team Info and Investors

Usual was founded in 2022 and is based in France. The project has raised significant funding, including a $7 million Seed round and a $10 million Series A. Major investors include Binance Labs, Kraken Ventures, Galaxy Digital, IOSG Ventures, and OKX Ventures. The protocol is governed by a decentralized community of stakers who guide its long-term development through a snapshot-based governance system.

Where can you buy Usual?

USUAL tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Usual is Binance, where the most active trading pair USUAL/USDT has a trading volume of $400,634.58 in the last 24 hours. Other popular options include MEXC and LBank.

What is the daily trading volume of Usual (USUAL)?

The trading volume of Usual (USUAL) is $2,844,357.43 in the last 24 hours, representing a 16.50% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Usual (USUAL)?

Usual (USUAL) reached an all-time high of $1.61 and an all-time low of $0.008788. It’s now trading -99.40% below that peak and 5.50% above its lowest price.

What is the market cap of Usual (USUAL)?

Market capitalization of Usual (USUAL) is $16,578,233 and is ranked #886 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USUAL tokens (1.8 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Usual (USUAL)?

The fully diluted valuation (FDV) of Usual (USUAL) is $17,119,799. This is a statistical representation of the maximum market cap, assuming the maximum number of 3 Billion USUAL tokens are in circulation today. Depending on how the emission schedule of USUAL tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Usual compare against its peers?

With a price decline of -11.20% in the last 7 days, Usual (USUAL) is underperforming the global cryptocurrency market which is down -5.10%, while underperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Usual (USUAL) to MetaMask?

Adding Usual (USUAL) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import USUAL as a token. You can copy USUAL’s contract address (0xc4441c2be5d8fa8126822b9929ca0b81ea0de38e) and import it manually, or if you've installed MetaMask's chrome extension, add USUAL to MetaMask with one click on CoinGecko.

Add USUAL to MetaMask.