Overview

USDF is a yield-bearing stablecoin issued by Aster, convertible with USDT at a 1:1 ratio. Underlying USDT funds are used to create and maintain delta neutral positions that back USDF and generate asUSDF yields

Sources and further reading

• Project website (provider-listed)
• DefiLlama protocol profile

Category, chain coverage, and overview come from provider records. TVL describes reported deposited value and is not an audit of a protocol's safety.