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 Seychelles
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
Can I buy $1 worth of Elixir deUSD?
Can I buy $10 of Elixir deUSD?
Where else can I buy Elixir deUSD?
Where is the best place to buy Elixir deUSD?
Should I buy Elixir deUSD right now?
In the Indian Ocean, east of Africa, lies the 115-island archipelago known as Seychelles. Numerous beaches, coral reefs, and wildlife preserves can be found there, along with uncommon animals like huge Aldabra tortoises. Seychellois rupee is the official currency of Seychelles, which is used by the nation's population of 99,738. Using P2P trading and other crypto deposit methods on the Bitget platform, you may acquire Elixir deUSD(DEUSD) and other cryptocurrencies in Seychelles in a matter of minutes.
The official languages of Seychelles are French, Seychellois Creole and English. The Bitget website and app are available in both English and French.
Seychelles is covered by beautiful cities such as Anse Boileau, Beau Vallon, Takamaka and Victoria. Bitget will give you a very efficient and secure crypto trading experience wherever you are in Seychelles.
Apart from consistently ranking among the top tourist destinations, the Seychelles also have one of the best climates in the world. The Seychelles are a paradise location due to its tropical environment, which features ocean temperatures of 28°C and air temps of roughly 30°C. The Mahé group of islands are rocky, normally have a short coastal strip, and feature a range of hills in the middle. With their thick tropical flora, those islands have an overall appearance resembling tall hanging gardens with views of silver-white beaches and crystal-clear lagoons. Using the Bitget platform, you may easily trade cryptocurrencies whether you are in Takamaka, Beau Vallon, or Anse Boileau.
Negotiations with the British led to an accord that saw Seychelles become an independent republic within the Commonwealth on June 29, 1976, following elections in 1974 in which both political parties in Seychelles ran independence campaigns. Seychelles has some beautiful attractions such as Anse Intendance, Anse Lazio, Morne Blanc, Seychelles National Botanical Gardens, Anse Source D'Argent and many more.