Ask about XSY
Logo of XSYXSY(UTY)
Total Value Locked$20.98m

TVL by Chain

Avalanche$20.98m

Key Metrics

Market Cap$7m

$UTY Price$1

All Time High$1.01

All Time Low$0.99

View $UTY token page

$14.53m

$UTY Volume 24h$1.17

CEX Volume$0

DEX Volume$153.97(13,159% 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.

Category:Basis Trading

Audits:

Methodology

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

Competitors

Frequently Asked Questions

What is XSY?

$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.

What is XSY's TVL?

XSY currently has $20.98m in total value locked. TVL has increased 0% over the past 30 days.

What chains does XSY operate on?

XSY operates on Avalanche. Avalanche 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 $7.01m, ranking it #1,671. Its fully diluted valuation is $14.53m. Supply currently stands at 7.01m circulating, 14.54m total supply.

How has UTY performed recently?

UTY is up 0% over the past 7 days and up 0% over the past 30 days. Its all-time high is $1.01, reached on December 4, 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 #18 by TVL. The category holds $7.139b across 35 protocols, and XSY accounts for 0.3% of that total. Other leading protocols include Ethena, Falcon Finance, and Solstice.