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