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.
Buy Elixir deUSD in Indonesia with Bitget
Simple 3-step guide to buying DEUSD today in Indonesia
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
Buy Elixir deUSD via bank transfer: We accept QRIS, DANA, and OVO payment for IDR payments. Services are provided by AlchemyPay payment gateway. Click Buy Crypto > [Third Party] in the top navigation bar 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 On-going challenges and promotions
Buy Elixir deUSD
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Buy Elixir deUSD in a different country
Indonesia is a country in Southeast Asia, consisting of over 17,000 islands with a population of 275,773,800. Indonesia is bordered by Malaysia, Singapore, Vietnam, Thailand, the Philippines, Australia, Palau, and India. Jakarta is the capital and largest city.
The currency of Indonesia is the Indonesian rupiah (IDR). It does only take a few minutes to buy Elixir deUSD(DEUSD) or other cryptocurrencies on Bitget by IDR, including Crypto Deposit, P2P Trading, and Third-Party Payments (using your own credit card, Apple Pay or Google Pay.)
Indonesia consists of thousands of distinct native ethnic and hundreds of linguistic groups, with Javanese being the largest. Indonesia has 37 provinces, of which eight have special status, consisting of more than 17,000 islands. Wherever you are in Indonesia, there is no better place to trade cryptocurrencies or crypto futures than right here with Bitget, which has already acquired the U.S. MSB License, Canada MSB License, and Australia (DCE) License.
Indonesia is the ex-colony of the Netherlands. Bali, Borobudur, Orangutans of Borneo, Gili Islands, and Komodo National Park are the most famous attractions in Indonesia. Whether you’re in Jakarta, Bandung, Surabaya, and Medan…Bitget is ready to serve any kind of need in cryptocurrency, no matter P2P, spot, or futures trading.