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Cap USD

$74M market cap

Issued by Cap Labs · reviewed 10 October 2026

Market cap: $74M +20.00% 7d
30-day trend
Volume / market cap: —
Peg drift, 30 days: 0.02%

Market data as of 10 October 2026, the same daily snapshot the tracker publishes. Peg drift is the largest single-day distance from par over the last 30 days, for USD-pegged tokens only.

Cap launched cUSD in 2025 as the non-yielding stablecoin layer of its protocol. Its reserve architecture supports a mixture of liquid stablecoin assets and tokenized real-world assets, while the separate stcUSD token is used for yield exposure.

01

Instrument facts

Symbol	CUSD
Peg	USD
Backing	Rwa backed
Status	Active
Launched	2025
Networks	L1 EVM Ethereum
Specifications	Redemption Cap describes cUSD as redeemable 1:1 against available reserve assets.
Use cases	DeFi collateral, Settlement

02

Supply by chain

1 chains · $74M total

Chain	Supply
Ethereum	$74M

Chains holding at least $1M of this token, from the daily cross-chain compilation. The total may differ from the market capitalization above, which is a separate measurement.

03

Contract addresses

2 chains

Chain	Address
Ethereum	`0xcccc62962d17b8914c62d74ffb843d73b2a3cccc`
MegaETH	`0xcccc62962d17b8914c62d74ffb843d73b2a3cccc`

Addresses as recorded for this token. Verify against the issuer's own published address before sending funds.

Official site · Whitepaper

04

Background

Overview

Cap launched cUSD in 2025 as the non-yielding stablecoin layer of its protocol. Its reserve architecture supports a mixture of liquid stablecoin assets and tokenized real-world assets, while the separate stcUSD token is used for yield exposure.

Key Features

cUSD itself is non-yielding; stcUSD is Cap's separate yield-bearing wrapper.
The reserve architecture can combine payment stablecoins with tokenized real-world assets such as tokenized money-market funds.
Cap has published smart-contract security audits from multiple security firms.

Supported Networks

Available on Ethereum.

05

Recent activity

2026-06-10 Depeg CUSD depeg event

06

Frequently asked questions

What is Cap USD?

Cap launched cUSD in 2025 as the non-yielding stablecoin layer of its protocol. Its reserve architecture supports a mixture of liquid stablecoin assets and tokenized real-world assets, while the separate stcUSD token is used for yield exposure.

Which networks carry CUSD?

CUSD is recorded on 1 network, Ethereum.

What is the market capitalization of CUSD?

CUSD has a market capitalization of $74M as of 10 October 2026.

07

Other US dollar stablecoins

Compiled from issuer disclosures, on-chain data and market data. All issuers · Methodology