Trading activity:
Reported 24-hour volume equals 0.22% of market capitalization. The local markets snapshot lists Ekubo (Starknet) among venues with observed trading activity.
YearBull indicators:
Bull Score 0/100.
YB Market Risk —. This relative market-volatility label is not an investment-safety assessment.
Observed price change: 24h 0.00% · 7d 0.00% · 30d -0.31%.
Values are descriptive and should be read together rather than as a price forecast.
Read the YearBull methodology.
Snapshot date: 2026-09-12.Data history: 21 daily observations available in the latest 90-day window.
Methodology responsibility:
YearBull’s analytical methodology and presentation rules are developed and maintained by
Alan Zelvin, Founder & Lead Crypto Researcher.
This note identifies responsibility for the methodology; it does not attribute authorship of this data snapshot.
What is Uncap USD (USDU)?
Source description
“USDU is a Bitcoin-backed CDP (Collateralized Debt Position) stablecoin built on Starknet, designed to unlock liquidity for Bitcoin holders in DeFi. The protocol allows users to deposit Bitcoin collateral and mint USDU stablecoins at user-set interest rates, maintaining a 1:1 peg with the US dollar through a redemption mechanism. USDU is part of Uncap, a dual-protocol system that serves as the liquidity engine for Bitcoin finance (BTCFi). The stablecoin features a permissionless liquidation system managed through a stability pool, where 75% of borrowing interest is distributed to stability pool participants and 25% is allocated as Protocol Incentivized Liquidity (PIL) to USDU-denominated trading pools on Ekubo DEX. The protocol is based on Liquity v2 architecture, adapted for Bitcoin collateral on Starknet. USDU aims to serve as a foundational asset for the BTCFi ecosystem, providing censorship-resistant, trust-minimized stablecoin infrastructure that enables sustainable yield opportunities for Bitcoin holders without requiring them to sell their BTC holdings.”
This source-supplied description may contain old, promotional, or unverified claims and is not YearBull editorial analysis.
Official links and contract records appear in Key Facts. Project details can change, so verify current information with the project.
Uncap USD (USDU) FAQ
How is USDU backed?
Uncap describes USDU as an overcollateralized USD-pegged stablecoin minted against Bitcoin collateral on Starknet. For Uncap USD, this point describes the documented mechanism or role only; it does not establish current availability, liquidity, security, adoption, or a future financial outcome.
What collateral markets exist?
Uncap documentation says it supports WBTC, tBTC and solvBTC collateral markets with separate Stability Pools and risk parameters. For Uncap USD, this point describes the documented mechanism or role only; it does not establish current availability, liquidity, security, adoption, or a future financial outcome.
What happens during a collateral shutdown?
The documentation currently carries a community-run/as-is notice and says Uncap Labs GmbH no longer operates the service. For Uncap USD, this point describes the documented mechanism or role only; it does not establish current availability, liquidity, security, adoption, or a future financial outcome.
Uncap USD metric comparison
This comparison is a stored snapshot generated 2026-10-24 06:30 UTC from 94 daily observations available from 2025-12-30 through 2026-09-12. It is separate from the latest analytical cards above. Percentiles compare the snapshot value with that day's analytical universe; a higher percentile means a larger observed value, not necessarily a better investment characteristic.
Metric
Snapshot
30d before
90d before
Change vs 30d
Universe percentile
Price
$0.9969
$1.00
$1.00
-0.3%
n/a
Market cap
$912.21
$53.5K
$53.5K
-98.3%
P0.1
YearBull Rank
n/a
n/a
n/a
n/a
n/a
Bull Score
n/a
n/a
n/a
n/a
n/a
Turnover
0.22%
0.00%
0.00%
+0.2 pts
P40.4
YB Market Risk
n/a
n/a
n/a
n/a
n/a
Cycle
Stable
Stable
Stable
Unchanged
n/a
Median absolute daily movement 0.00%; distance from the highest local daily price -0.4%; circulating supply change -99.8%. These measurements are descriptive and do not predict future direction.
Editorial research. Identity, project facts, sources, and risks below belong to the dated editorial review. The live analytical snapshot above may be newer and is generated separately from stored market data.
Uncap describes USDU as an overcollateralized USD-pegged stablecoin minted against Bitcoin collateral on Starknet.
Documented role and design
Uncap documentation says it supports WBTC, tBTC and solvBTC collateral markets with separate Stability Pools and risk parameters.
The documentation currently carries a community-run/as-is notice and says Uncap Labs GmbH no longer operates the service.
Risks and open questions
The documentation explicitly warns of community-run status and possible under-collateralization in extreme collateral failures; peg and redemption mechanisms are not guarantees of capital preservation.
YearBull Rank context
YearBull Rank data is not available at the moment for uncap-usd.
Rank timeline (last 365 days)
Rank history is still being collected.The rank timeline will appear after two valid daily YearBull Rank snapshots are available.
Rank change (reference points).
Reading rule: lower numbers mean higher placement.
7d window: current rank not available.
30d window: current rank not available.
Orderflow context: stable placement often correlates with stable participation. If the line drifts, liquidity may be gradually shifting.
Cycle framing: phase changes usually leave a footprint in consistency. If 7d and 30d disagree, treat it as a transition window.
Risk framing: minor drift can still matter at scale. If it moves only on certain days, it can be update cadence.
Market structure: venue mix can alter rank without changing the narrative. If rank improves slowly, it often reflects broader access or steadier participation.
YearBull Rank is a relative placement score used on YearBull to compare a coin against peers within the same dataset. It is a context signal for relative placement, not an outcome forecast.
Editorial note:
This analysis was prepared by the YearBull research team under the direction of
Alan Zelvin,
Founder and Lead Crypto Researcher.
The assessment follows YearBull’s internal research methodology and editorial standards.
Methodology ·
Editorial Policy
Related Research
Continue with contextually connected profiles and category data:
sEUR analysis - nearby market scale in the current dataset.
IDRISS analysis - nearby market scale in the current dataset.
Stored venue snapshot. Markets last checked: 2026-07-27. Updated on a rolling basis; no fixed refresh date is promised. Venue listings and volumes are stored snapshots, not live quotes.
Current YearBull daily analytics are not available for this asset yet; market listings have separate freshness.
