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Stables Labs USDX(USDX)Deprecated protocol

Total Value Locked$0

TVL by Chain

Ethereum$0

BSC$0

Arbitrum$0

Key Metrics

Cumulative Fees$14.48m
Cumulative Fees by chain

BSC$13.35m

Arbitrum$962,631

Ethereum$165,020

Market Cap$5.76m

$USDX Price$0.0084

All Time High$1.06

All Time Low$0.0073

View $USDX token page

$5.76m

$USDX Volume 24h$4.83

CEX Volume$0

DEX Volume$4.43(91.72% of total)

Total Raised$45m

Nov 29, 2024$45mRound: Investors: NGC Ventures, BAI Capital, Generative Ventures, UOB Venture

Protocol Information

USDX is a synthetic USD stablecoin designed to provide stability without relying on traditional banking infrastructure. Backed by delta-neutral positions across multiple exchanges, USDX seamlessly bridges the gap between DeFi, CeFi, and TradFi. It enables DeFi users to access traditional delta-neutral strategies executed in CeFi platforms. As a crypto-native stablecoin, USDX offers a scalable, censorship-resistant, and highly stable solution for users looking to navigate the world of decentralized finance with confidence.

Category:Basis Trading

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: All yields earning from funding and basis spread from the delta hedging derivatives positions.View code on GitHub

Frequently Asked Questions

What is Stables Labs USDX's TVL?

Stables Labs USDX currently has $0 in total value locked.

What chains does Stables Labs USDX operate on?

Stables Labs USDX operates on 3 chains: Ethereum, BSC, and Arbitrum.

What is the USDX token price and valuation?

USDX is currently trading at $0.0084. Its circulating market capitalization is $5.76m, ranking it #1,930. Its fully diluted valuation is $5.76m. Supply currently stands at 684.56m circulating, 684.56m total supply.

How has USDX performed recently?

USDX is down 7.5% over the past 7 days and down 14.7% over the past 30 days. Its all-time high is $1.06, reached on Dec 6, 2024. The token is currently 99.2% below that level.