Price change (24h):
1.34%
High (24h):
$1.013
Low (24h):
$0.982942
Volume (24h):
$14.36K
Market Cap:
$9.48M
All Time High:
25.33% $1.33
Mar 2, 2025
All Time Low:
121120632% $0.00
Jan 11, 2024
Indigo Protocol iUSD
IUSD1.49 %(1Y)
$0.997695
About Indigo Protocol iUSD
Indigo Protocol’s iUSD (IUSD) is a cryptocurrency launched in 2022. It functions as a fully collateralized, fault-tolerant native stablecoin on the Cardano blockchain.
iUSD tracks the median value of USDC, TUSD, and USDT, a design that preserves its peg even if one constituent depegs. The token is the core stable asset of the Indigo Protocol, a Collateralized Debt Position (CDP) platform that introduces synthetic assets to Cardano. By using ADA as collateral and an overcollateralized minting model, the protocol mitigates the single-issuer risk that plagues centralized stablecoins.
iUSD operates on the Cardano network. As a native token, it sidesteps bridge vulnerabilities and integrates directly with Cardano wallets and decentralized exchanges. The asset’s settlement finality inherits Cardano’s high-assurance design, eliminating the need for wrapped representations.
The token’s on-chain identity is traced via the Cardano policy ID f66d78b4a3cb, embedding it as a first-class asset on the ledger. Its minting and burning are governed by Indigo Protocol’s smart contracts, which algorithmically query the three-coin median oracle and enforce a dynamic Minimum Collateralization Ratio (MCR). When CDP positions drift below the MCR, the system triggers automated liquidations processed through a Stability Pool, preserving the stablecoin’s overcollateralized backing.
The Indigo Protocol launched iUSD in November 2022 as part of its v1 mainnet debut, instantly creating the first fault-tolerant stablecoin native to Cardano. Since inception, the Indigo DAO has exercised on-chain governance over the iUSD parameters, voting to adjust the MCR and other risk levers in response to market conditions. No single founding entity controls the protocol’s trajectory; it operates under community stewardship.
The project seeks to deliver a censorship-resistant stablecoin that does not anchor to any single fiat-backed issuer, instead deriving stability from a median basket and on-chain overcollateralization. By enabling users to mint synthetic dollars against ADA without forfeiting staking yields, Indigo aims to unlock liquidity and capital efficiency across Cardano’s DeFi landscape. The broader ambition is to provide the foundational monetary primitive for a suite of synthetic assets, allowing participants to gain price exposure without selling their base holdings.
Inside the Indigo Protocol, iUSD is the debt token generated when a user locks ADA into a Collateralized Debt Position. Borrowers withdraw iUSD as credit, and must later return the same amount plus a fee to reclaim their collateral. Stability Pool providers commit iUSD to absorb undercollateralized CDPs, receiving discounted ADA in exchange — a mechanism that keeps the protocol solvent without centralized liquidators.
CDP borrowers hold iUSD after minting to deploy it as stable liquidity across Cardano DEXs, while their locked ADA continues earning staking rewards through Indigo’s CDP Liquid Staking. Stability Pool stakers accumulate iUSD to continuously participate in liquidations, capturing the spread between a CDP’s debt and its higher collateral value. Arbitrage traders buy and sell iUSD against the peg, restoring the median value when market prices deviate.
Indigo Protocol’s iUSD has a total supply of 9,522,411.05 tokens. Currently, 9,522,411.05 are in circulation, signaling full deployment of minted debt. Because iUSD is minted on demand through collateralized debt positions, the circulating figure reflects the aggregate outstanding debt at the snapshot moment. With a market capitalization of $9,565,054.00, Indigo Protocol’s iUSD ranks #4,816 among all cryptocurrencies.
Indigo Protocol iUSD Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 08/07/2026 | $1.01 | $0.99 | $1.01 | $0.98 |
| 07/07/2026 | $1.00 | $1.01 | $1.02 | $0.99 |
| 06/07/2026 | $1.00 | $1.00 | $1.02 | $0.99 |
| 05/07/2026 | $1.01 | $1.00 | $1.02 | $0.99 |
| 04/07/2026 | $1.01 | $1.01 | $1.03 | $1.00 |
| 03/07/2026 | $1.01 | $1.02 | $1.02 | $0.99 |
| 02/07/2026 | $1.01 | $1.01 | $1.02 | $0.99 |
| 01/07/2026 | $1.01 | $1.00 | $1.01 | $1.00 |
Why is manual trading Indigo Protocol iUSD a bad idea?
Manual iusd trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
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AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
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2015
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FAQ
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Indigo Protocol iUSD (IUSD) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live IUSD price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Indigo Protocol iUSD (IUSD) is $0.997695. Over the last 24 hours, it has moved -1.34%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Indigo Protocol iUSD on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your IUSD investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Stablecoins (like IUSD) are designed to maintain a stable value, usually pegged to a fiat currency like the US dollar. While their price typically stays close to the peg, they can occasionally depeg due to market stress, liquidity issues, or concerns about reserve backing.
Many traders use stablecoins as a safe haven during crypto market volatility or as a convenient way to move funds between exchanges. -
We can’t provide investment advice. Whether Indigo Protocol iUSD is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. IUSD can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
