Saturn Dollar

USDAT Price

About Saturn Dollar (USDAT)

Saturn Dollar (USDAT) is a digital monetary layer designed to provide a financial system backed by Bitcoin and tokenized U.S. Treasuries.

• USDAT is a non-yielding stablecoin 100% backed by tokenized U.S. Treasuries, facilitating payments and DeFi liquidity.
• The protocol features sUSDAT, a yield-bearing staked version that offers exposure to Bitcoin-backed institutional digital credit.
• Saturn leverages Chainlink CCIP to enable secure cross-chain distribution of its Bitcoin-backed credit products.

What Is Saturn Dollar

Saturn Dollar is a stablecoin protocol that bridges traditional finance and the digital asset economy by utilizing Bitcoin as a verifiable collateral base. The protocol operates through a dual-token system designed to separate liquid value from yield-accruing capital.

Value moves through the system via USDAT for liquidity and sUSDAT for yield generation. The token is put to work through staking: users stake USDAT to receive sUSDAT, which accrues dividends from institutional digital credit instruments. This mechanism allows users to access risk-adjusted returns derived from the digital credit market.

This model scales as the digital credit market grows, providing institutional-grade yield through amplified exposure to products like Strategy's Stretch (STRC). By integrating Bitcoin as a global collateral base, Saturn aims to build a transparent and verifiable credit layer for the future of finance.

What Makes Saturn Dollar Unique

• Bitcoin-Backed Credit: Unlike traditional stablecoins, Saturn utilizes Bitcoin as the primary global collateral base for its credit layer, enabling a new class of digital credit.
• Dual-Token Efficiency: The system separates the functions of stable liquidity (USDAT) and yield-bearing savings (sUSDAT) to optimize capital efficiency for different user needs.
• Institutional-Grade Yield: Provides on-chain access to returns derived from institutional digital credit instruments, which were previously limited to traditional financial markets.
• Cross-Chain Interoperability: Integrates Chainlink CCIP to facilitate the distribution of Bitcoin-backed credit and US Dollar value across multiple blockchain networks.

What Can You Use Saturn Dollar for?

Saturn Dollar is pegged to the US Dollar. drawn from the protocol's backing by tokenized U.S. Treasuries.

1. Value retention: USDAT allows users to hold a digital, on-chain representation of the US Dollar and may reduce exposure to crypto-market volatility through its 100% backing by tokenized U.S. Treasuries.
2. Yield generation: Users can generate yield by staking USDAT to receive sUSDAT, which offers exposure to institutional digital credit instruments backed by Bitcoin, specifically through products like Strategy's Stretch (STRC).
3. Cross-border settlement / value transfer: The protocol enables borderless, 24/7 access to digital credit, allowing for frictionless international transfers and settlements of US Dollar value.
4. Collateralization: USDAT is designed for use within decentralized finance protocols, providing a stable collateral asset for borrowing, lending, and liquidity provisioning.

How Does Saturn Dollar Work?

Saturn Dollar operates on the Ethereum network as an application utility token. The protocol issues USDAT, which maintains its peg through 1:1 backing by tokenized U.S. Treasuries held in reserve. This ensures that every token in circulation corresponds to a real-world asset.

For yield-seeking participants, the protocol offers sUSDAT, the staked version of USDAT. sUSDAT is backed by digital credit (STRC), where Bitcoin is used as collateral by Digital Asset Treasury Companies to raise debt or equity. As dividends from these credit instruments accrue, the value of sUSDAT relative to USDAT increases.

Users interact with the protocol via decentralized applications, where transaction costs are paid as protocol service fees. The integration of Chainlink CCIP further allows these Bitcoin-backed credit products to be distributed and verified across various blockchain ecosystems securely.

Team Info and Investors

The project is developed by Saturn Labs, a team focused on building stablecoins protocols backed by Bitcoin credit. The project focuses on providing a transparent environment where investors can underwrite risk in real time and monitor collateral health.

Saturn Dollar is supported by institutional investors, as indicated by the strategic backing logos on its platform. The project emphasizes a 'Credit 2.0' approach, moving from trust-based systems to transparent, verifiable on-chain credit markets.

Where can you buy Saturn Dollar?

USDAT tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Saturn Dollar is Curve (Ethereum), where the most active trading pair USDAT/USDC has a trading volume of $1,040,531.14 in the last 24 hours. Other popular options include Curve (Monad) and PancakeSwap V3 (BSC).

What is the daily trading volume of Saturn Dollar (USDAT)?

The trading volume of Saturn Dollar (USDAT) is $1,227,498.38 in the last 24 hours, representing a 34.00% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Saturn Dollar (USDAT)?

Saturn Dollar (USDAT) reached an all-time high of $1.04 and an all-time low of $0.9955. It’s now trading -4.10% below that peak and 0.40% above its lowest price.

What is the market cap of Saturn Dollar (USDAT)?

Market capitalization of Saturn Dollar (USDAT) is $74,383,071 and is ranked #363 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDAT tokens (74 Million tokens are tradable on the market today).

What is the fully diluted valuation of Saturn Dollar (USDAT)?

The fully diluted valuation (FDV) of Saturn Dollar (USDAT) is $72,407,479. This is a statistical representation of the maximum market cap, assuming total number of 74 Million ETH tokens are in circulation today.

How does the price performance of Saturn Dollar compare against its peers?

With a price increase of 0.00% in the last 7 days, Saturn Dollar (USDAT) is underperforming the global cryptocurrency market which is up 13.00%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.70%.

How to add Saturn Dollar (USDAT) to MetaMask?

Adding Saturn Dollar (USDAT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import USDAT as a token. You can copy USDAT’s contract address (0x23238f20b894f29041f48d88ee91131c395aaa71) and import it manually, or if you've installed MetaMask's chrome extension, add USDAT to MetaMask with one click on CoinGecko.

Add USDAT to MetaMask.