Ask about XSY

Logo of XSYXSY(UTY)

Total Value Locked$12.99m

TVL by Chain

Base$12.99m

Avalanche$0

Key Metrics

Market Cap$12.98m

$UTY Price$1

All Time High$1.01

All Time Low$0.99

View $UTY token page

$12.98m

$UTY Volume 24h$10.28

CEX Volume$0

DEX Volume$10.28(100% of total)

Total Raised$5m

May 15, 2025$5mRound: Series AInvestors: Borderless Capital, Protagonist, Paper Ventures, Blizzard Fund, Sonic Boom Ventures, Chain View Capital

Protocol Information

$UTY, also known as Unity, is a digital synthetic dollar (DSD). Unity is a delta-neutral asset and serves as the synthetic dollar at the center of XSY's ecosystem of decentralized financial products.

WebsiteX/Twitter
Category:Basis Trading

Audits:

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHub

Competitors

ZEROBASE CeDeFi ($62.5m)BitFi Basis ($238m)Avant avUSD ($124.98m)SoSoValue Basis ($2.94m)Theo Straddle Vaults ($1.15m)HRUSD ($9,638.47)Kerne ($1,110.65)Umoja yBTCEthena USDe ($4.897b)Falcon Finance ($1.208b)

Frequently Asked Questions

What is XSY's TVL?

XSY currently has $12.99m in total value locked.

What chains does XSY operate on?

XSY operates on 2 chains: Base and Avalanche. Base holds the largest share at 100%.

What is the UTY token price and valuation?

UTY is currently trading at $1. Its circulating market capitalization is $12.98m, ranking it #1,441. Its fully diluted valuation is $12.98m. Supply currently stands at 12.99m circulating, 12.99m total supply.

How has UTY performed recently?

UTY is down <0.1% over the past 7 days and up <0.1% over the past 30 days. Its all-time high is $1.01, reached on Dec 3, 2025. The token is currently 1.4% below that level.

How does XSY's TVL compare to similar protocols?

Among Basis Trading protocols tracked by DefiLlama, XSY ranks #19 by TVL. The category holds $7.645b across 40 protocols, and XSY accounts for 0.2% of that total. Other leading protocols include ZEROBASE CeDeFi, BitFi Basis, Avant avUSD, SoSoValue Basis, Theo Straddle Vaults, HRUSD, Kerne, Umoja yBTC, Ethena USDe, and Falcon Finance.