Ask about Stables Labs USDX
Logo of Stables Labs USDXStables Labs USDX(USDX)Deprecated protocol
Total Value Locked$0

TVL by Chain

Ethereum$0

BSC$0

Arbitrum$0

Key Metrics

Fees (Annualized)$5.37m
Fees 30d$0

Arbitrum$0

BSC$0

Ethereum$0

Fees 7d$0

Arbitrum$0

BSC$0

Ethereum$0

Fees 24h$0

Arbitrum$0

BSC$0

Ethereum$0

Cumulative Fees$14.48m

BSC$13.35m

Arbitrum$962,631

Ethereum$165,020

Market Cap$5.16m

$USDX Price$0.0075

All Time High$1.06

All Time Low$0.0073

Fully Diluted Valuation$5.16m

$USDX Volume 24h$1.03

CEX Volume$0

DEX Volume$2.34(227.79% 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

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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

Competitors

Solv Basis Trading ($157.13m)ZEROBASE CeDeFi ($54.61m)BounceBit CeDeFi Yield ($308.69m)BitFi Basis ($190.86m)Aegis YUSD ($35.83m)Ethena USDe ($3.84b)Falcon Finance ($1.257b)Aster USDF ($110.87m)Bitwise USCC ($81.32m)Bitway Earn ($71.01m)