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Home/ Companies/ Reserve Protocol/ eUSD

Electronic Dollar

$23M market cap

Issued by Reserve Protocol · reviewed

Market cap
$23M +2.38% 7d
30-day trend
eUSD market cap trend, last 30 days: -2.3%
Volume / market cap
0.7%
Peg drift, 30 days
0.50%

Market data as of , 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.

Last verified 2026-07-11. 1 of the 8 fields shown is recorded but not yet verified and is marked below; 4 further tracked fields are not recorded.

eUSD is a USD-pegged Reserve Protocol token launched in February 2023. It is backed by a basket of on-chain stablecoin-derived collateral rather than direct fiat reserves.

01

Instrument facts

8 of 12 tracked fields recorded
Symbol eUSD
Peg USD
Backing Crypto backed
Status Active
Launched 2023
Networks L1 EVM Ethereum L1 non EVM MobileCoin L2 Base
Specifications Backing Compound v3 USDT position; Compound v3 USDC position; Aave v3 USDC position Reserve reporting Proof-of-reserves unverified Redemption Reserve documentation states that DTF tokens can be redeemed permissionlessly for their underlying collateral through the application or smart contracts, without custodians or order books. KYC required No
Use cases DeFi collateral, Settlement
02

Supply by chain

2 chains · $23M total
ChainSupply
Base$18M
Ethereum$5M

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

3 chains
ChainAddress
Arbitrum One0x12275dcb9048680c4be40942ea4d92c74c63b844
Base0xcfa3ef56d303ae4faaba0592388f19d7c3399fb4
Ethereum0xa0d69e286b938e21cbf7e51d71f6a4c8918f482f

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

04

Background

## Overview eUSD is a USD-pegged Reserve Protocol token launched in February 2023. It is backed by a basket of on-chain stablecoin-derived collateral rather than direct fiat reserves. ## Key Features - Reserve Yield DTF structure - 1:1 on-chain backing by yield-bearing stablecoin derivatives - Permissionless minting and redemption for underlying collateral - RSR staking can provide overcollateralization and first-loss protection ## Reserve Backing Compound v3 USDT position; Compound v3 USDC position; Aave v3 USDC position. ## Supported Networks Available on Ethereum, MobileCoin, Base.

Compiled from issuer disclosures, on-chain data and market data. Reserve Protocol · Methodology