Bucket Protocol BUCK Stablecoin
BUCK Rank #771Price chart
What is Bucket Protocol BUCK Stablecoin?
Legacy collateral system
BUCK was issued through collateralized debt positions. Users deposited supported onchain assets and borrowed against them. The position's collateral ratio determined its liquidation exposure. Borrowing created stablecoin debt in BUCK units. The token served as the settlement asset for those positions and the legacy savings pool. Its backing model used crypto collateral rather than issuer-held dollar bank deposits.
Migration to USDB
Bucket provides a one-to-one BUCK-to-USDB migration function. Eligible debt positions can migrate without closing and reopening the vault. Migration changes the debt unit while preserving collateral, notional debt and liquidation parameters. Legacy savings users can withdraw BUCK and convert it before depositing into the new pool. The protocol charges no migration fee. Transactions still require SUI for network gas. The published transition plan eventually makes legacy positions exit-only and disables BUCK minting. Each phase depends on migration progress rather than a fixed timetable.
Where to trade BUCK
5 exchanges · top 10
Live spot quotes from connected exchanges
BUCK funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.