Bucket Protocol BUCK Stablecoin BUCK Price
Introduction
BUCK is a stablecoin on Sui, pegged to USD, minted via over-collateralized assets like SUI, BTC, ETH for DeFi stability. More
Token Stats
| Fully Diluted Valuation | $38.16M |
|---|---|
| 24H Trading Volume | $1.80M |
| 24H Low / High | $0.99 / $ 1.01 |
| Circulating Supply | 38.28M |
| Total Supply | 38.28M |
| Max Supply | ∞ |
Info
| Categories | Sui Ecosystem 1 more |
|---|---|
| Website | bucketprotocol.io Whitepaper |
| Socials | 2 more |
| Chains | Sui Ecosystem |
| Explorer | Suiscan 1 more |
| Contracts |
|
OG Evaluation
OG Score
OGAudit Coin Evaluation Metrics
Bucket Protocol BUCK Stablecoin $buck User Reviews
$buck Markets
| Name | Pair | OG Score |
|---|
About Bucket Protocol BUCK Stablecoin $buck
Bucket Protocol BUCK Stablecoin ($BUCK) is a decentralized, USD-pegged stablecoin operating on the Sui blockchain, designed to provide stability and efficiency in decentralized finance (DeFi). As part of the Bucket Protocol, a Collateralized Debt Position (CDP) system, $BUCK is minted when users deposit assets like SUI, BTC, ETH, or Liquid Staking Tokens (LST) as collateral, with a minimum over-collateralization ratio of 110% to ensure security against market volatility.
The protocol maintains BUCK’s $1 peg through mechanisms like the Peg Stability Module (PSM) for 1:1 stablecoin swaps, a Tank for liquidating under-collateralized positions, and a redemption system prioritizing riskier CDPs.
Users can borrow $BUCK without fluctuating interest rates, using it for transactions, liquidity provision, or DeFi strategies across Sui’s ecosystem. With a maximum supply of 7.8 million tokens, $BUCK supports low-cost, high-speed transactions, making it a reliable medium of exchange for traders and developers seeking capital efficiency.
What is unique about Bucket Protocol BUCK Stablecoin (BUCK)?
$BUCK is an over-collateralized stablecoin on Sui, supporting multiple assets like SUI, BTC, and ETH, with a low 110% collateral ratio and robust peg mechanisms for DeFi stability.
Who are the founders of Bucket Protocol BUCK Stablecoin (BUCK)?
The founders of Bucket Protocol BUCK Stablecoin are anonymous, developed under the Bucket Protocol team with no specific individuals publicly named.
Who are the backers/investors of Bucket Protocol BUCK Stablecoin (BUCK)?
The backers of Bucket Protocol BUCK Stablecoin are not explicitly disclosed in public sources, though the project integrates with Sui’s ecosystem, suggesting community-driven support.
Where can I buy Bucket Protocol BUCK Stablecoin (BUCK)?
Cetus, KriyaDEX