Saturn Dollar

Saturn Dollar (USDAT) is a stablecoin designed to maintain a value of one US dollar and is intended for use in payments, settlements, and decentralized finance liquidity. It is part of the Saturn protocol, which describes itself as building a digital monetary layer for a financial system anchored in Bitcoin. The token is aimed at users and institutions that need a stable unit of account within on-chain financial activity.

USDAT is described as fully backed by tokenized US Treasury securities, meaning each token in circulation is intended to be supported by an equivalent holding of those instruments. The token exists across multiple blockchain ecosystems including Ethereum, BNB Chain, and Monad, though no consensus algorithm or block time specific to the protocol is recorded in the available data. Users who stake USDAT receive sUSDat, a separate yield-bearing token that the protocol says offers exposure to institutional digital credit instruments backed by Bitcoin.

The data stored for Saturn Dollar contains no fee stream, revenue figures, or protocol earnings metrics, so fee-based measures that this site calculates for other assets are not applicable here. The yield associated with USDAT flows through the staking mechanism into sUSDat holders via the underlying Treasury holdings, but no specific fee rates or protocol revenue figures are available in this dataset. The stablecoin circulating supply stands at 80,422,519.8 tokens on a point-in-time basis, and that supply declined by 25.5 percent over the trailing 30 days, which is relevant context for understanding the current scale of the protocol.