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Flux USDC
1. Summary
- Description
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What is fUSDC?
What is fUSDC?
fUSDC is a token integrated into the Flux Finance Protocol. It is a fork of Compound V2's cTokens, incorporating additional features to support permissioned assets. Each asset on Flux Finance, like fUSDC, is supported by a fToken contract, which represents the balances supplied to the protocol.
Minting fUSDC
fUSDC is minted when users deposit USDC on Flux Finance. This makes their USDC available for borrowing and earns the USDC supply rate. The value of fUSDC increases relative to the underlying USDC due to the interest it earns. The supply rate varies dependent on the market's utilization, which is the percentage of deposited assets that have been borrowed.
History of fUSDC
fUSDC was launched by Flux Finance, which initially developed from the Decentralized lending protocol conceived by Ondo Finance. Flux Finance is governed by the Ondo DAO, where ONDO holders vote on upgrades and risk parameters. fUSDC was among the first assets to be supported, alongside fDAI and fOUSG.
Use Cases for fUSDC
- Collateral: Users can mint fUSDC to earn interest and use it as collateral.
- Transfer: fUSDC can be transferred, which corresponds to transferring the underlying USDC balance inside the Flux Finance protocol. Transfers that cause negative account liquidity for borrowers will fail.
- Settlement: fUSDC offers an alternative settlement option between parties.
fUSDC in Other Protocols
fUSDC can be used as collateral at other lending protocols due to its permissionless yielding nature.
Price | |
All Time High (ATH) Date | 30th Dec 2025 (1 month ago) |
All Time Low (ATL) Date | 30th Dec 2025 (1 month ago) |
Supply & Trading Volume | |
Trading Volume (24h) | $99.00 |
How does Flux USDC's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
51,605.8%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
Reddit Subscribers | |
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Active Reddit Users (past 24h) | |
Discord users | |
Active Discord Users | |
Telegram Users | 93,960 |
Twitter followers | 53,695 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
Website | https://fluxfinance.com/ |
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Explorer | https://etherscan.io/token/0x465a5a630482f3abD6d3b... |
@FluxDeFi |
What is the correct contract address for Flux USDC?
Ethereum | 0x465a5a630482f3abd6d3b84b39b29b07214d19e5 |
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Has Flux USDC been audited for security?
No security audits found for this project.
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