The Fedz is a decentralized finance (DeFi) protocol focused on providing a more efficient, resilient stablecoin solution. Its core product, FUSD, is an under-collateralized stablecoin issued on Arbitrum. The protocol implements a fractional reserve model combined with sequential access and private liquidity pools, inspired by academic research in financial stability and game theory. FUSD is designed to reduce the risk of bank runs and liquidation events, enabling users to mint, trade, and use stable value on-chain without relying on full collateral backing.
- Macro context: FUSD is part of the tokenized money market, which represents only ~0.282% of global M2 money supply today.
Data as of Sep 6, 2026
Price performance
7D
-0.05%
14D
-0.20%
30D
+0.94%
1Y
—
All-time
-3.82%
Market Cap
$1.54M
24h Volume
$268.43
On-Chain Holders
467
Summed across all deployed chains (per-chain wallets not de-duplicated)
Top 10 Holder %
98.22%
Underlying
Fiat / RWA-backed stablecoin
Key facts
via /coins/{id}Market Cap Rank
#2500
Circulating Supply
1.61M
Total Supply
1.61M
All-Time High
$1.24 · 2026-06-06
Categories
Alerts & digests
Coming soonReal-time price, NAV, mint, redemption alerts
Get pinged the moment FUSD crosses a price or spread threshold you set, or automated.
Breaking news alerts
Issuer, regulatory and depeg news for FUSD — the second it drops.
Daily summary
A once-a-day digest of FUSD's price, best yield and market moves in your inbox.
Analyze & download 24/7 history
Full round-the-clock historical data for FUSD — including off-market-hours — exportable to CSV.
Analyse with insight & news
AI-assisted analysis of FUSD paired with the latest issuer, regulatory and market news.
CEX Order Books
CoinGecko /coins/{id}/tickers
No centralized listings tracked for this asset.
DEX Pools
GeckoTerminal /onchain pools
| Market | Price | 24h Vol | Liquidity (TVL) | Slippage $10k |
|---|---|---|---|---|
 Uniswap V3 ArbitrumBest | $0.3155 | $0 | $496.63K | 3.87% |
| Uniswap V3 Arbitrum | $0.7787 | $0 | $493.07K | 3.90% |
| Uniswap V3 Arbitrum | $1.17 | $0 | $227.5K | 8.08% |
Top 10 on-chain holders
98.22% of supply| # | Holder | Network | Share | Value |
|---|---|---|---|---|
| 1 | 0xe78f…5412V3 Pool | Arbitrum | 16.45% | $253.52K |
| 2 | 0x31a2…d04fV3 Pool | Arbitrum | 15.96% | $245.99K |
| 3 | 0x94de…96aaV3 Pool | Arbitrum | 15.59% | $240.16K |
| 4 | 0x968f…bb94V3 Pool | Arbitrum | 15.56% | $239.69K |
| 5 | 0xcf9e…5da0V3 Pool | Arbitrum | 13.33% | $205.44K |
| 6 | 0xc373…e984V3 Pool | Arbitrum | 7.68% | $118.36K |
| 7 | 0x961e…21b7V3 Pool | Arbitrum | 7.29% | $112.33K |
| 8 | 0x833e…56fb | Arbitrum | 4.32% | $66.5K |
| 9 | 0x9b22…86e6 | Arbitrum | 1.49% | $22.99K |
| 10 | 0xa41b…56a4 | Arbitrum | 0.55% | $8.49K |
Top holders across Arbitrum · share = USD value ÷ market cap · source: GeckoTerminal. Concentration is informational, not a risk rating.
Recent on-chain trades
latest 20 · Arbitrum| Time | Side | Price | Value | Network | Market | Tx |
|---|---|---|---|---|---|---|
| 7h ago | Sell | $0.9593 | $6.08 | Arbitrum | uniswap v3 arbitrum | 0x1033…1d67 |
| 7h ago | Buy | $0.9576 | $6.07 | Arbitrum | uniswap v4 arbitrum | 0x1033…1d67 |
| 8h ago | Sell | $0.9582 | $7 | Arbitrum | uniswap v4 arbitrum | 0xa4cf…6eed |
| 8h ago | Buy | $0.9557 | $6.98 | Arbitrum | uniswap v3 arbitrum | 0xa4cf…6eed |
| 11h ago | Sell | $0.9573 | $8.14 | Arbitrum | uniswap v3 arbitrum | 0x2ab0…07df |
| 11h ago | Buy | $0.9554 | $8.12 | Arbitrum | uniswap v4 arbitrum | 0x2ab0…07df |
| 11h ago | Sell | $0.9468 | $12.08 | Arbitrum | uniswap v3 arbitrum | 0xe184…d25c |
| 11h ago | Buy | $0.9407 | $12 | Arbitrum | uniswap v4 arbitrum | 0xe184…d25c |
| 11h ago | Buy | $0.9632 | $11.35 | Arbitrum | uniswap v3 arbitrum | 0xaab1…32db |
| 11h ago | Sell | $0.968 | $11.41 | Arbitrum | uniswap v4 arbitrum | 0xaab1…32db |
| 12h ago | Sell | $0.9611 | $8.86 | Arbitrum | uniswap v4 arbitrum | 0x6e1f…15f2 |
| 12h ago | Buy | $0.9564 | $8.81 | Arbitrum | uniswap v3 arbitrum | 0x6e1f…15f2 |
| 12h ago | Buy | $0.9506 | $8.87 | Arbitrum | uniswap v3 arbitrum | 0x039b…8315 |
| 12h ago | Sell | $0.9543 | $8.9 | Arbitrum | uniswap v4 arbitrum | 0x039b…8315 |
| 12h ago | Sell | $0.9498 | $5.71 | Arbitrum | uniswap v4 arbitrum | 0x529c…f9f2 |
| 12h ago | Buy | $0.9485 | $5.71 | Arbitrum | uniswap v3 arbitrum | 0x529c…f9f2 |
| 13h ago | Sell | $0.9594 | $7.25 | Arbitrum | uniswap v3 arbitrum | 0x628a…3330 |
| 13h ago | Buy | $0.9569 | $7.23 | Arbitrum | uniswap v4 arbitrum | 0x628a…3330 |
| 15h ago | Sell | $0.9596 | $7.51 | Arbitrum | uniswap v3 arbitrum | 0xe143…db40 |
| 15h ago | Buy | $0.9559 | $7.48 | Arbitrum | uniswap v4 arbitrum | 0xe143…db40 |