What Is Elixir deUSD (DEUSD)?
Elixir deUSD is a synthetic dollar designed for decentralized finance (DeFi). It is a fully collateralized, yield-bearing stable asset that operates within the Elixir Network, a blockchain ecosystem focused on liquidity solutions. Unlike traditional stablecoins, which are backed 1:1 by fiat currency, deUSD is supported by a mix of on-chain assets and real-world financial instruments, including staked Ethereum (stETH), MakerDAO’s USDS (a T-Bill-backed asset), and tokenized real-world assets (RWAs). By integrating with decentralized and centralized exchanges, deUSD aims to provide liquidity for trading, market-making, and other DeFi applications.
How Elixir deUSD Works
Elixir deUSD maintains stability through a collateralized structure and decentralized execution model. It is backed by a combination of stETH, which is hedged through perpetual futures contracts, and MakerDAO’s USDS, providing exposure to U.S. Treasury yields. Institutional investors can also mint deUSD by depositing tokenized RWAs through Elixir’s partnership with Securitize. The network operates using a Decentralized Proof of Stake (DPoS) system, where validators, auditors, and relay nodes secure transactions and manage liquidity.
Who Are the Founders of Elixir deUSD?
Elixir Network was founded by Philip Forte (CEO) and Christopher Gilbert (CTO), both experienced crypto professionals with backgrounds in venture capital and blockchain engineering.
How Many Elixir deUSD (DEUSD) Tokens Are in Circulation?
DEUSD is available on various exchanges. It has a circulating supply of 290.5 million tokens.
How to Buy Elixir deUSD (DEUSD) on Bitget?
Consider investing in Elixir deUSD (DEUSD)? Follow these steps:
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Verify your identity.
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Deposit funds.
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Check out the available Elixir deUSD trading pairs on Bitget.
Spot Trading
Is Elixir deUSD a Good Investment?
Elixir deUSD offers a unique approach to DeFi liquidity, but like any cryptocurrency, it comes with risks such as market volatility and regulatory uncertainty. Investors should carefully research its collateral model, security mechanisms, and long-term stability before making any decisions.
Simple 3-step guide to buying DEUSD today in Vietnam
Create your free Bitget account
Select a funding method
Complete your Elixir deUSD purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Elixir deUSD using a payment method of your choice:
Buy Elixir deUSD with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Elixir deUSD order.
How to buy crypto with credit/debit cardBuy Elixir deUSD with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Elixir deUSD is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Elixir deUSD order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Elixir deUSD order.Buy Elixir deUSD with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Elixir deUSD order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Elixir deUSD in your Bitget spot wallet
Bitget—where the world trades Elixir deUSD
How to buy Elixir deUSD for free
- Learn how to earn Elixir deUSD for free through the Learn2Earn promotion
- Earn free Elixir deUSD by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Elixir deUSD airdrops by joining ongoing challenges and promotions
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FAQ
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Sharing borders with China, Laos, and Cambodia is the Southeast Asian country of Vietnam, home to 99 million residents across its more than 311,000 square kilometers. While Ho Chi Minh is the nation’s largest city (with a population of over 3.4 million), its northern, smaller neighbour Hanoi serves as Vietnam’s capital. The former acts as the country’s financial, technological, and academic hub while the latter boasts a series of historical and religious sites, making it a popular tourist destination.
Within the Southeast Asia region, Vietnam is among one of the fastest-growing economies, with projections for the developing country to rival its developed counterparts by as early as 2050. To further boost its growth, it has also joined several intergovernmental organizations including the ASEAN, APEC, CPTPP, and WTO.
When in Vietnam, some of the top sights not to miss include Halong Bay, Hue, the old district of Da Kao in Ho Chi Minh and the old town quarter of Hanoi, Hoi An, Nha Trang, the countryside of Sapa, and the Phong Nha-Ke Bang National Park. Foodies may also want to try some of the country’s signature delicacies, such as Phở, Bánh cuốn, Gỏi cuốn, Bún bò, and Bánh mì.
Vietnamese is the official language of Vietnam, and Bitget app and website are available in Vietnamese. Bitget also directly supports Vietnam Dong (VND), the national currency of Vietnam, and you can purchase Elixir deUSD(DEUSD) in just a matter of minutes, no matter where you are in the country, from Ho Chi Minh, Hanoi, Hue, Nha Trang to Da Nang and Hai Phong. Our exchange offers a series of secure payment options to make trading easier for you, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and different credit card services.