Gate News, March 4th — According to CoinMarketCap data, at the time of press, USUAL (Usual) is trading at $0.02, up 14.75% in the past 24 hours. The highest price reached $0.02, and the lowest dropped to $0.01. The current market cap is approximately $26.3 million, with a daily increase of $3.37 million.
Usual is a decentralized protocol that builds a distributed banking system. The protocol issues fiat-pegged stablecoins backed by real assets (RWA), combining the security of real assets with DeFi’s composability and liquidity. USD0 is Usual’s core stablecoin, fully supported 1:1 by high-quality short-term assets like U.S. Treasuries, providing a stable asset independent of traditional banking systems. Additionally, Usual involves users in protocol ownership through the USUAL governance token, with 90% of the protocol’s value flowing to the community. The protocol has been deployed on multiple blockchains including Ethereum, Arbitrum, Base, and Optimism, and is deeply integrated with over 30 projects such as Morpho, Curve, and Pendle.
Recent Important News about USUAL:
1️⃣ Security audit identified and addressed critical vulnerabilities
Usual protocol discovered a critical-level vulnerability through the Sherlock security bug bounty program, with a bounty of up to $16 million, demonstrating the protocol’s high emphasis on security. The public disclosure and proactive handling of this incident show that Usual follows industry-recognized standards for building user trust and maintaining secure operations. This transparent and responsible approach helps strengthen market confidence in the protocol’s robustness.
2️⃣ Infrastructure upgrade to expand application ecosystem
Usual protocol completed token launch using the M0 infrastructure, marking an upgrade in the protocol’s technical capabilities. This enhancement not only improves the protocol’s functionality but also lays a solid foundation for future ecosystem expansion, attracting more developers and users to participate in Usual’s ecosystem development.
3️⃣ Cross-chain deployment and ecosystem integration deepening
Usual has been deployed on major public chains including Ethereum, Arbitrum, Base, and Optimism, with deep integrations with over 30 projects such as Morpho, Curve, and Pendle. This multi-chain coverage and ecosystem expansion increase the usability and liquidity of the USD0 stablecoin, creating broader application opportunities for market penetration and value recognition.
This news is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Vitalik calls for a rethinking of Ethereum's application layer: assuming there are no users, how would the white paper be rewritten?
Ethereum co-founder Vitalik Buterin recently called on the community to be more bold in innovating at the application layer while maintaining core values. He believes that the security and principles of the base layer should remain unshaken, but the application layer should be more disruptive and experimental. He explored the future design of privacy technologies and DeFi, and advocated for rethinking Ethereum's applications, even suggesting that if there were no users, developers should consider how to rewrite the application section of the white paper from scratch to face future challenges.
ChainNewsAbmedia6m ago
Data: Yesterday, the US Ethereum spot ETF experienced a net inflow of $22.72 million.
According to crypto analyst Trader T's monitoring, US Ethereum spot ETFs saw a net inflow of $22.72 million yesterday. Among them, ETHA (BlackRock) had a net inflow of $28.98 million, while several other ETFs experienced varying degrees of net outflows.
GateNews1h ago
(no title)
Bitwise Asset Management has announced a $100,000 contribution to Ethereum's open-source developers, continuing its commitment to the ecosystem. This funding supports sustainable development and innovation in projects, reflecting the importance of developers in maintaining Ethereum's network.
TapChiBitcoin1h ago
Culper Research shorted ETH, BitMine: Ethereum has entered a death spiral, Fusaka upgrade fee collapsed by 90%
Short-selling firm Culper Research publicly shorted Ethereum (ETH) and BitMine (BMNR), accusing the Ethereum Fusaka upgrade of causing transaction fees to plummet by 90%. The firm warned that the risk of a "death spiral" is increasing and questioned the sustainability of Ethereum's economic model. Culper cited Vitalik's recent sale of 20,000 ETH, indicating the founder's negative outlook on the current situation, and challenged the interpretation of active address growth, suggesting it may be the result of address poisoning attacks.
動區BlockTempo1h ago
Culper Research Shorts Ether and BitMine, Citing Fusaka Upgrade 'Death Spiral' Risk
Short seller Culper Research has disclosed a bearish position on Ethereum and ETH-linked securities, including treasury firm BitMine, arguing that the network's December 2025 Fusaka upgrade has "impaired ETH tokenomics" by flooding the network with excess blockspace and driving transaction fees down approximately 90 percent.
CryptopulseElite2h ago
Culper Research shorted Ethereum, citing the upgrade as the trigger for a death spiral
Culper Research report indicates that Ethereum's Fusaka upgrade caused excess block space, leading to a 90% drop in transaction fees, potentially entering a "death spiral" cycle, resulting in decreased staking demand and network security. The report mentions Vitalik Buterin selling large amounts of ETH, questioning Tom Lee's bullish outlook, and points out BitMine's loss risks held in Ethereum.
MarketWhisper2h ago
