Stables Labs USDX (USDX)

Total Value Locked$675.05m

TVL by Chain

BSC$520.77m

Arbitrum$118.43m

Ethereum$35.85m

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Key Metrics

Fees (Annualized)$21.73m

Fees 30d$1.78m

Fees 7d$544,292

Fees 24h$74,924

Cumulative Fees$9.2m

$USDX Liquidity$4.05m

Curve DEX$4.05m

Total Raised$45m

Nov 29, 2024$45mRound: Investors: NGC Ventures, BAI Capital, Generative Ventures, UOB VentureSource: https://x.com/usdx_money/status/1862467208737431570

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 APY10.58%

View all Yields