Tangent USG
USG Rank #1833Price chart
What is Tangent USG?
Overview
Tangent Finance is a DeFi protocol on Ethereum that issues USG, a stablecoin designed for capital efficiency. Users deposit productive collaterals such as boosted Curve LP tokens to open leveraged positions and borrow USG. The protocol also offers sUSG, a savings product that distributes revenue generated internally by the system.
How it works
USG operates as a collateralized debt position (CDP) stablecoin on Ethereum. Users deposit yield-bearing collaterals to secure borrowing of USG while maintaining exposure to underlying yields. The protocol plans to support additional collaterals including Pendle LPs and PTs in the future.
Peg and backing
USG maintains its dollar peg through over-collateralization, meaning borrowed stablecoins are backed by collateral exceeding their value. The token is backed by productive assets like boosted Curve LP tokens, which generate yield that accrues to borrowers rather than being retained by the protocol.
Supply
Total supply is approximately 44.4 million USG. The protocol is designed for self-sustainability without relying on external token emissions, meaning new USG is issued only through user borrowing against collateral rather than protocol incentives.
Where to trade USG
1 exchanges · top 10
Live spot quotes from connected exchanges
USG 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.