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Ring USD

USDR Rank #4012
$0.9989▼ 0.14%24h
Low $0.9988High $1.00

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Market cap$403.7KRank #4012
Fully diluted value$100.29M
Volume (24h)$4.6KVol / Mcap 1.14%
Circulating supply404.2KUSDR
Total supply100.40M
Max supply∞no hard cap
All-time high$1.08Dec 9, 2025
All-time low$0.9415Feb 1, 2026

What is Ring USD?

Overview

USDR is a stablecoin designed to improve capital efficiency in decentralized finance by maintaining a 1:1 USD peg through active liquidity management. Rather than holding idle reserves, the token deploys collateral across integrated liquidity pools on multiple decentralized exchanges including Uniswap and Ring. This approach allows USDR to function as both a stable medium of exchange and a yield-generating asset for the protocol.

How it works

USDR operates on Ethereum and is built on the Ring Protocol DEX. Smart contracts automatically rebalance collateral and liquidity across pools to maintain balanced markets and deep liquidity. The protocol integrates with major decentralized exchanges to ensure continuous availability and price stability.

Peg and backing

The USD peg is maintained through a circular liquidity mechanism where collateral is dynamically allocated across DEX pools rather than held in static reserves. A built-in rebalancing system ensures sufficient reserves are available for instant redemptions at all times. Trading fees generated from liquidity pools contribute modest returns while supporting price stability.

Where to trade USDR

Exchanges that list this asset

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Live spot quotes from connected exchanges
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USDR funding rates

Live perpetual funding on every connected exchange. Positive = longs pay shorts.

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Contracts & chains

Exact contract or mint per network — the identity layer used for DEX routing.

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On-chain routes

Networks with a connected DEX routing adapter.

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Ring USD news

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