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Record sog_st_djed
DJED/Djed
Also recorded as DJED, Djed Stablecoin
- Lifecycle
- Active
- Issuance
- Protocol-based
- Reference target
- US dollar
- Primary organization
- COTINo additional recorded relationship
- Launch
- 2023-01-31
- Redemption
- Protocol Redemption
- Backing
- Crypto-collateralized
- Stabilization
- Hybrid
- Last review
- 2026-06-15
- Evidence
- 3 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Cardano overcollateralized stablecoin operated by COTI, using ADA reserves and the SHEN reserve coin to target one U.S. dollar.
| Name | Djed |
|---|---|
| Symbol | DJED |
| Aliases | DJED, Djed Stablecoin |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Protocol-based |
| Canonical record ID | sog_st_djed |
| Route slug | djed |
| Record confidence | High |
| Last reviewed | 2026-06-15 |
- Name
- Djed
- Symbol
- DJED
- Aliases
- DJED, Djed Stablecoin
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Protocol-based
- Canonical record ID
sog_st_djed- Route slug
djed- Record confidence
- High
- Last reviewed
- 2026-06-15
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 3 |
| Reserve reports | 1 |
| Reserve components | 2 |
| Model-history events | 1 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 2 |
| Events | 1 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Hybrid
- Primary display organization
- COTI
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| COTI | Company or corporate group | Not recorded in canonical data | Unknown or not publicly resolved | Protocol operator | Primary display | 2023-01-31 | Not yet recorded | Active relationship |
Company or corporate group
Primary displayCOTI
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Not recorded in canonical data
- Jurisdiction
- Unknown or not publicly resolved
- From
- 2023-01-31
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- 1
- Reference methodology
- Djed targets one U.S. dollar through ADA reserves, SHEN reserve-coin participation, and reserve-ratio constraints.
- Public backing model
- Crypto-collateralized
- Canonical backing types
- Crypto Collateral, Other
- Reserve component categories
- Crypto Collateral, Other
- Primary stabilization mechanism
- Hybrid
- Recorded model description
- Ada Reserve with Shen Reserve Coin
- Redemption / exit model
- Protocol Redemption
- Valuation source
- Djed official Cardano protocol
- Yield / rebase profile
- No recorded change · Accrual: No recorded change
- Classification notes
- Active Cardano overcollateralized reserve-ratio stablecoin operated by COTI.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- ADA reserve collateralCrypto Collateral
- SHEN reserve coin mechanismOther
| Disclosure status | Onchain Reserve Ratio |
|---|---|
| Backing types | Crypto Collateral, Other |
| Summary | Djed uses ADA reserves and the SHEN reserve coin within an overcollateralized reserve-ratio system. |
| As of | 2026-06-15 |
| Profile confidence | Medium |
- Disclosure status
- Onchain Reserve Ratio
- Backing types
- Crypto Collateral, Other
- Summary
- Djed uses ADA reserves and the SHEN reserve coin within an overcollateralized reserve-ratio system.
- As of
- 2026-06-15
- Profile confidence
- Medium
| Current status | Protocol Based |
|---|---|
| Settlement asset | ADA through supported Djed mint and burn operations |
| Eligible parties | Protocol users satisfying wallet, fee, and reserve-ratio conditions. |
| Retail access | Public Protocol Based |
| Institutional access | Public Protocol Based |
| Minimum amount | Protocol and interface dependent. |
| Fee | Minting and burning fees and reserve-ratio constraints apply. |
| Settlement time | Cardano transaction and protocol-state dependent. |
| Regional limits | Interface and applicable legal restrictions may apply. |
- Current status
- Protocol Based
- Settlement asset
- ADA through supported Djed mint and burn operations
- Eligible parties
- Protocol users satisfying wallet, fee, and reserve-ratio conditions.
- Retail access
- Public Protocol Based
- Institutional access
- Public Protocol Based
- Minimum amount
- Protocol and interface dependent.
- Fee
- Minting and burning fees and reserve-ratio constraints apply.
- Settlement time
- Cardano transaction and protocol-state dependent.
- Regional limits
- Interface and applicable legal restrictions may apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Djed / COTI | Onchain Reserve Dashboard | Ada Reserve, Shen Reserve Coin | Medium |
Djed / COTI
Not yet recorded- Type
- Onchain Reserve Dashboard
- Assets covered
- Ada Reserve, Shen Reserve Coin
- Record confidence
- Medium
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cardano | Specific network recorded | Cardano native asset | Protocol-native or protocol-supported deployment | Protocol Native Asset | Active | Active | No separate change state recorded | Native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | Native Cardano Djed asset; policy ID normalization remains pending. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Djed official website Published Not yet recorded | Djed / COTI | Official documentation or product page Canonical: Official Website | Subject-controlled source | Primary source | Entity Identity, Current Interface, Current Product Identity | Archive index or wildcard | High |
| COTI to issue Djed stablecoin on Cardano Published 2021-09-26 | Input Output / Essential Cardano | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Issuer Role, Cardano Deployment, Algorithmic Design, Issuer and Design | Archive index or wildcard | High |
| COTI launches Djed on Cardano Published 2023-01-31 | Essential Cardano | Official statement or announcement Canonical: Official Statement | Subject-controlled source | Primary source | Launch Date, Reserve Coin, Cardano, Launch | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Current Reserve Ratio and Mint Limits | The reserve-ratio design is established, but the current live reserve ratio, mint limits, and fee schedule are not snapshotted in this batch. | Unknown after review | Medium | 2026-06-15 |
| Legal Claim and Operator Structure | Public materials explain COTI's operator role and protocol mechanics, but the complete legal claim of DJED holders and all operating entities are not normalized. | Unknown after review | Medium | 2026-06-15 |
Current Reserve Ratio and Mint Limits
The reserve-ratio design is established, but the current live reserve ratio, mint limits, and fee schedule are not snapshotted in this batch.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-15
Legal Claim and Operator Structure
Public materials explain COTI's operator role and protocol mechanics, but the complete legal claim of DJED holders and all operating entities are not normalized.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-15
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2023-01-31 | COTI launches Djed on Cardano | Launch and introduction | Launched | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- COTIUnknown or not publicly resolved
- Event registry1 connected event recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.