Odaily News Cole, a member of the modular blockchain project Elixir team, posted on X that within 30 minutes of the release of deUSD, its USDC trading pair was already the most liquid unilateral stablecoin pair on Curve, with a total liquidity of more than $100 million. Yesterday, Elixir announced the launch of deUSD, a decentralized synthetic dollar, to challenge Ethena's USDe. Elixir claims to have $1 billion in liquidity to support this latest yield token.