evUSD
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evUSD is the native stablecoin and collateral asset of Everstrike.
All positions on Everstrike are margined and priced in evUSD.
evUSD can be acquired in one of the following ways:
Minting (converting USDT to evUSD through Everstrike's built-in functionality)
Trading (trading USDT for evUSD through Everstrike's ).
Depositing in (stablecoin deposits in CEX mode are automatically converted to evUSD upon successful confirmation).
evUSD can be converted to USDT in one of the following ways:
Redemption (converting evUSD to USDT through Everstrike's built-in functionality)
Trading (trading evUSD for USDT through Everstrike's )
Withdrawing in (evUSD withdrawals in CEX mode can be facilitated in USDT, USDC, BUSD or DAI).
All prices on Everstrike are quoted in evUSD.
Position values and account equity values are likewise quoted in evUSD.
Note that "evUSD" and "USD" are used interchangeably within the Everstrike Frontend UI (for simplicity of display). Any mention of "USD" will always refer to evUSD and not to US dollars.
evUSD powers the , and evUSD holders automatically receive monthly vault distributions. Read more .