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 Dominican Republic
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" tabCredit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget website
Select 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 website
For 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
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The Dominican Republic is a country located on the island of Hispaniola in the Great Antilles archipelago of the Caribbean region. Sharing the island with Haiti, the Dominican Republic occupies the eastern five-eighth of Hispaniola (48,671 square kilometres) and is the second-largest nation in the Antilles by area. It is also the third largest nation by population, with a population of 10.7 million. The official language of the Dominican Republic is Spanish, which is supported by the Bitget app and website. The Dominican peso (DOP) is Dominican Republic's national currency, and here at Bitget, you can buy Elixir deUSD(DEUSD), and many other coins using DOP.
With baseball as its most popular sport, the Dominican Republic has the second-highest number of Major League Baseball (MLB) players, among them, 4 Dominican-born players were selected into the Baseball Hall of Fame. Its national team won the World Baseball Classic in 2013 without dropping a single match.
The Dominican Republic is also the most popular tourist destination in the Caribbean region, and tourism has become one of the driving forces behind its economic development. Tourists enjoy the sapphire ocean and sunny beaches in Cap Cana, Casa De Campo, and Punta Cana. Whether you're in Santo Domingo, Santiago, or La Vega, there is no better place to trade cryptocurrencies or crypto futures than right here with Bitget. Our exchange uses a variety of secure methods, including P2P trading, crypto deposits, and other third-party merchants, such as Apple Pay, Google Pay, and numerous credit cards, to offer you plenty of payment options with proven security.