#US—the name sounds like a stablecoin, but it’s up 28% in a day.
The real U is just sitting there doing nothing, while this one’s bouncing all over the place.
58 million in trading volume, funding rate at +0.02%, and longs are still dutifully paying up.
You really can’t name things carelessly. If another one called “Stable” comes out, it’ll probably tank.