The current real-time price of TSD is $1.059. In the past 24 hours, TSD has traded between $1.019 and $1.079, showing strong market activity. The all-time high of TSD is $1.75, and the all-time low is $0.4803.
From a short-term perspective, the price change of TSD over the past 1 hour is , over the past 24 hours is +0.24%, and over the past 7 days is -1.75%. These figures provide a quick overview of the latest price trends and market dynamics of TSD on LBank.-0.01%
The live price of TSD today is $1.059, with a current market cap of $0. The 24-hour trading volume is 92.9. The price of TSD to USD is updated in real time.
Before deciding whether to buy or sell TSD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s TSD technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for TSD.
How much will TSD be worth tomorrow, next week, or next month in ? What about your TSD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! TSD Price Prediction
To learn more about TSD, consider exploring other resources such as the whitepaper, official website, and other published information:
Teddy Dollar (TSD) is a USD-pegged stablecoin that operates on the Avalanche network. It aims to provide a stable digital asset within the decentralized finance (DeFi) ecosystem, offering users a reliable store of value and medium of exchange on the Avalanche blockchain.
TSD is an integral part of the Teddy Cash decentralized borrowing protocol. This system enables users to obtain interest-free loans denominated in TSD by depositing AVAX as collateral. A crucial aspect of this mechanism is the requirement for a minimum collateralization ratio of 110%, ensuring that the value of the deposited AVAX always exceeds the value of the TSD borrowed, contributing to the system's solvency and the stablecoin's backing.
Teddy Dollar (TSD) offers several utility applications within the decentralized finance (DeFi) space. Users can leverage TSD for arbitrage trading opportunities, capitalize on various yield-earning strategies through lending or other DeFi products, and facilitate efficient and stable transactions for sending or making payments across the Avalanche network. Its stability makes it suitable for diverse financial activities beyond speculative trading.
TSD's price stability is algorithmically managed, aiming to keep its value consistently pegged to the US dollar. A core mechanism is the 110% Minimum Collateralization Ratio (MCR). This ensures that for every amount of TSD issued, there is always a greater value of AVAX collateral backing it within the Teddy Cash protocol. This overcollateralization provides a robust buffer against volatility and helps maintain the stablecoin's peg.
Teddy Dollar (TSD) tokens are readily available for trading on various decentralized exchanges operating within the crypto ecosystem. These platforms provide liquidity for TSD, allowing users to exchange it with other cryptocurrencies, including popular pairs like TSD/WAVAX. This accessibility ensures that users can easily buy, sell, or swap their TSD holdings as needed.
Users should be aware of several risks associated with TSD. While designed for stability, TSD can experience price fluctuations like other digital assets, particularly under extreme market conditions or due to large transactions from major holders. For borrowers, a significant risk is liquidation if the value of their AVAX collateral drops below the required minimum collateralization ratio, potentially leading to the sale of their collateral to repay the loan.
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