About Usual Money
Usual Money is a secure, decentralized stablecoin protocol that redistributes real economic value back to its users and token holders — making ownership, yield, and governance accessible to everyone.
Redefining Who Owns the Protocol
Traditional stablecoins extract value from their users. Banks and issuers capture the yield generated by your deposits — while you receive nothing. Usual Money was built to change this dynamic fundamentally.
By issuing stablecoins backed by real-world assets (RWAs) and routing protocol revenues back to participants through the USUAL governance token, Usual Money aligns the incentives of users, liquidity providers, and long-term stakeholders.
Our mission is to build the most transparent, collateralized, and community-owned stablecoin ecosystem on Ethereum — where value flows to those who create it.
"Stablecoins should work for the people who use them. Usual Money returns ownership, yield, and governance to those who make the protocol possible."
How Usual Money Works
Usual Money operates the Usual Success Module — a transparent system where collateral is deployed into yield-bearing real-world assets, and the resulting revenue is shared with protocol participants. The entire collateral base is verifiable on-chain.
Deposit Collateral
Users and institutions deposit approved assets — from USDC to high-quality RWA instruments — to mint Usual Money stablecoins like USD0, EUR0, and ETH0.
Generate Yield
Collateral is deployed into institutional-grade, yield-bearing instruments including T-bills, money market funds, and other RWAs — generating real revenue for the protocol.
Redistribute Revenue
Protocol revenue flows back to participants: sUSD0 holders receive risk-free yield, and USUALx stakers receive a weekly USD0 revenue share plus governance rights.
Usual Money Token Ecosystem
Usual Money issues a family of stablecoins and yield-bearing tokens, each designed to serve a distinct role in the DeFi ecosystem. From stable savings to active governance, every token has a purpose.
The USUAL Token: Your Share of the Protocol
USUAL is not just a governance token — it is your onchain equity in the Usual Money protocol. When you help grow Usual Money by providing liquidity, minting stablecoins, or staking, you automatically earn USUAL.
The USUAL token is backed by the protocol's treasury — which holds a portion of all collateral yield. This creates a direct link between protocol growth and token value, making the USUAL market cap tracked against real treasury assets.
Earn USUAL Automatically
Participate in Usual Money by minting stablecoins or providing liquidity and receive USUAL as a reward — proportional to your contribution to protocol growth.
Stake into USUALx
Stake USUAL to receive USUALx. USUALx grants you a weekly share of protocol USD0 revenue (up to 29% APY) and full governance power over the protocol.
Lock for Maximum Yield
Lock your USUALx to participate in additional locking yield mechanisms and boost your revenue share from the protocol treasury.
Treasury-Backed Value
The USUAL treasury currently holds $19.4M+ in assets with a 92% buyback power ratio — meaning the protocol can support USUAL's value directly from revenue.
Token Metrics
USUALx Staking APY
Stake USUAL to earn both USUAL staking rewards and USD0 revenue share from the protocol treasury.
Three Ways to Earn with Usual Money
Whether you prefer risk-free savings, enhanced DeFi yields, or long-term protocol ownership, Usual Money's earn modes give you a path that fits your goals.
Savings — Risk-Free Yield
Mint USD0, EUR0, or ETH0 and deposit into sUSD0 / sEUR0 to earn risk-free yield generated by RWA collateral. ~3.5–4% APY with no lock-ups.
Alpha — Enhanced Earnings
Deposit into USD0a for delta-neutral strategies that target higher returns than the base savings rate, balancing risk with enhanced DeFi yields. ~3.7% APY.
Bonds — Ownership Rewards
Commit USD0 into bUSD0 for long-term protocol alignment. Earn up to 4.5% APY plus USUAL rewards, and build your stake in the Usual Money ecosystem over time.
Community-Driven Governance
Usual Money is governed by its community of USUAL token holders. Through staking into USUALx, any participant can gain voting power and influence the protocol's direction — from collateral decisions to revenue distribution.
Protocol Parameters
USUAL holders vote on key protocol parameters including collateral ratios, supported assets, and fee structures — ensuring the protocol evolves according to community consensus.
Revenue Distribution
Governance determines how protocol revenue is allocated across savings yield, staking rewards, treasury reserves, and protocol development — aligning long-term incentives.
Risk Management
The community oversees the Usual Success Module, approving new collateral types, setting risk parameters, and ensuring the protocol remains fully collateralized at all times.
Ecosystem Expansion
New token launches (EUR0, ETH0, Alpha modes), integrations with external protocols, and ecosystem partnerships are subject to governance votes by USUAL holders.
Built on Transparency and Security
Every aspect of Usual Money's collateral, revenue, and operations is publicly verifiable. We believe that trust must be earned through radical transparency — not promises.
On-Chain Verification
All collateral positions, minting activity, and revenue flows are recorded on Ethereum — visible to anyone at any time via block explorers or Dune Analytics dashboards.
Audited Smart Contracts
All Usual Money smart contracts have undergone rigorous security audits by leading blockchain security firms, with audit reports publicly available in the documentation.
Over-Collateralization
The Usual Money protocol maintains a collateralization ratio above 100% at all times, currently at 100.54%, ensuring every stablecoin is fully backed by real-world assets.
Our Core Principles
Decentralization First
Usual Money is designed to progressively decentralize all protocol operations and decision-making into the hands of USUAL token holders and the broader community.
Real Revenue, Real Value
Unlike protocols that rely on token emissions for unsustainable yields, Usual Money generates real revenue from RWA yield — and passes it directly to participants.
Security Without Compromise
Every design decision prioritizes the safety of user funds above all else. Full collateralization, regular audits, and conservative risk parameters are non-negotiable.
Open Ecosystem
Usual Money actively integrates with the broader DeFi ecosystem — Uniswap, Morpho, Euler, and more — creating yield opportunities and liquidity for all participants.
Start Using Usual Money Today
Join thousands of users earning real yield, owning governance, and participating in the future of decentralized finance with Usual Money.