USD.AI

USD.AI, carrying the ticker CHIP, is a decentralized finance application positioned as a stablecoin issuer that operates across several blockchains including Solana, Arbitrum, Ethereum, and Base. It aims to bring AI-assisted mechanisms to the creation and management of dollar-pegged digital assets, targeting users who want stable-value instruments within on-chain financial systems. The project is part of the YZi Labs portfolio and has been distributed to Binance users through a HODLer airdrop program.

USD.AI functions as an application layer protocol — it does not operate its own blockchain or consensus mechanism, instead settling on the host networks it is deployed on. The CHIP token serves as the native asset within this system, with its role connected to the issuance and governance of the protocol's stablecoin products. The protocol has total value locked of 225,693,747.36 USD at this point in time, reflecting assets committed to or backing its stablecoin operations.

The protocol generated 333,358 USD in fees over the most recent 24-hour period, 983,201 USD over the trailing seven days, and 1,493,320 USD over the trailing 30 days, with trailing 12-month fees reaching 23,398,078 USD. Of the 30-day fees, the protocol retained approximately 19.04 percent as its own revenue — a take rate that translated to 284,284.09 USD in protocol revenue over that same 30-day window, with the remaining 1,209,035.91 USD classified as supply-side revenue going to liquidity or service providers. Annualizing from the trailing 30-day base gives protocol revenue of 3,458,789.76 USD, though both fees and revenue declined 16.48 and 16.49 percent respectively over the last 30 days. Fees are generated through the use of stablecoin issuance and related financial services, paid by protocol users.