wrap · unwrap
Wrap USDC into protected gUSD
1:1 exchange. Reversible any time you're not frozen. Your USDC sits in the vault; you receive gUSD.
You pay
USDC
You receive
1 : 1 exchange
0.00
gUSD
What's protected
Only your gUSD balance. The USDC in the vault stays 1:1 with your gUSD; you can unwrap any time you're not frozen.
If someone drains you
The watchtower freezes the destination within a block. You file a claim from a fresh wallet; 14 days later, funds land there.