Volatility Hedge on Bitcoin Cash

Receive BCH.
Hold stable.

Convert BCH to MUSD or PUSD — decentralized, unfreezable stablecoins native to Bitcoin Cash. Live price from the same oracle used by BCHBULL.

BCH / USD — Live Oracle Price
$—
Source:  ·  Updated
Rate Calculator
$
MUSD Moria Protocol
Enter BCH amount above
Min. collateral ratio150%
Collateral modelBCH-backed loan
Status⏸ Contract relaunch
⚠️ Moria's contract is temporarily offline due to a bug fix. New loans are paused until the relaunch. Use PUSD as an alternative.
Mint MUSD — Temporarily Unavailable
PUSD ParyonUSD
Enter BCH amount above
Min. collateral ratio110%
Collateral modelBCH-backed loan
StatusLive ✓
Borrow PUSD on ParyonUSD →

⚠️ Amounts shown are the maximum you can mint at the minimum collateral ratio. Recommended: use 200%+ for safety.

Already hold MUSD/PUSD? Trade on Cauldron DEX
Swap, provide liquidity, and earn on BCH's #1 native DEX.
Open Cauldron →
🔮
Price oracle: This tool uses the General Protocols oracle relay — the same cryptographically-signed price feed used by BCHBULL, and other BCH DeFi applications. The oracle public key is 02d09db…fd2818. Learn more at oracles.cash.
How it works

You receive BCH → convert to a stablecoin → hold $1-pegged value, no CEX required.

STEP 01

Receive BCH

Accept BCH as payment or receive it in any CashTokens-compatible wallet like Paytaca, Cashonize, or Electron Cash.

STEP 02

Choose your stablecoin

Pick MUSD (Moria, 150% min collateral) or PUSD (ParyonUSD, 110% min collateral). Both are BCH-backed and decentralized.

STEP 03

Open a loan or swap

Deposit BCH as collateral on Moria or ParyonUSD to mint stablecoins — or swap directly on Cauldron DEX for instant conversion.

STEP 04

Hold stable, reclaim BCH

Your BCH stays locked as collateral. Repay the stablecoin at any time to get your BCH back — at the new price.

MUSD vs PUSD — Quick comparison

Both are decentralized BCH-backed stablecoins. Here's how they differ.

Feature MUSD Moria PUSD ParyonUSD
Min. collateral ratio150%110%
Liquidation thresholdBelow 120%Below 110%
Interest modelAnnual feeMarket-driven dynamic rate
Design basisCustomLiquity V2
Stability poolYes — earn BCH yieldYes — earn BCH yield
Status⏸ Contract relaunchLive ✓
OracleD3lphiGeneral Protocols
AuditedHashlock ✓Yes ✓
Token ID (CashTokens)PUSD: 2469acc5afa4b10cb5b5c04afb89c3a3ffd61c5da9c01e26d00951cae2a02544