Stables Labs USDX (USDX)

Total Value Locked$675.46m

TVL by Chain

BSC$520.96m

Arbitrum$118.61m

Ethereum$35.89m

Key Metrics

Fees (Annualized)$20.39m

Fees 30d$1.67m

Fees 7d$559,293

Fees 24h$69,914

Cumulative Fees$8.81m

$USDX Liquidity$4.06m

Curve DEX$4.06m

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

Yields

Pools Tracked3

Average APY9.83%

View all Yields