Company
Aegis
1 interview on Crypto Coin Show
Aegis develops stablecoin infrastructure built around YUSD, a stablecoin backed by Bitcoin that aims to hold a 1:1 peg to the US dollar.
YUSD uses a delta-neutral design. Aegis holds Bitcoin as collateral and offsets the price exposure by selling Bitcoin-margined perpetual contracts. Yield comes from funding rate carry on those positions and is distributed to holders. Aegis publishes its reserves and collateral data live through a dashboard built with Accountable. The company was founded in 2024 and is led by co-founder and CEO Ermin Sharich.
In February 2025 it raised a $2 million pre-seed round led by Dewhales Capital. In January 2026 it added a second dollar token, jUSD, which is backed by Jupiter Perpetuals liquidity provider tokens.
33:01Interview · May 13, 2025Ermin Sharich on Bitcoin-backed stablecoins and DeFi's futureAshton Addison speaks with Ermin Sharich, CEO of Aegis, about the evolving role of stablecoins in crypto and DeFi. They dive into the unique structure of YUSD, a Bitcoin-backed, delta-neutral stablecoin designed for transparency, stability, and on-chain verifiability. Ermin explains why the quality of backing…Watch the episode →People we’ve interviewed
About Aegis
- Type
- Stablecoin issuer / DeFi protocol
- Status
- active
- Founded
- 2024
- Headquarters
- British Virgin Islands
Links go to official Aegis channels. Always verify before connecting a wallet.
What Aegis told us
1 moment · 1 interviewIn their own words on Crypto Coin Show. Tap Watch to jump to that exact moment.
“If you look at our dashboard right now, the yield that we had is around 7% annualized currently even in this market.”
ESErmin SharichCo-Founder and CEO, Aegis · May 2025▶Watch at 28:30Market
Market data: CoinGecko. Full YUSD price page →
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- YUSDBitcoin-backed, delta-neutral stablecoin pegged to the US dollar, with yield from funding rate carry and live reserve reporting.
- sYUSDYield-bearing token in the Aegis ecosystem, with a fixed-rate and yield-trading market on Pendle.
- jUSDDelta-neutral dollar token backed by Jupiter Perpetuals liquidity provider tokens on Solana.
- Aegis Insurance FundReserve fund meant to cover costs during negative funding rates and support YUSD stability.
Profile updated . Sources: Crypto Coin Show interviews and coverage, CoinGecko. Is this your company? Send a correction or update.
