Key Metrics
Market Cap$7m
$UTY Price$1
$14.53m
$UTY Volume 24h$152.88
CEX Volume$0
DEX Volume$0(0% 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.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubCompetitors
Frequently Asked Questions
What is XSY's TVL?
XSY currently has $12.99m in total value locked. TVL has decreased 38.1% over the past 30 days.
What chains does XSY operate on?
XSY operates on 2 chains: Avalanche and Base. 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 $7m, ranking it #1,527. Its fully diluted valuation is $14.53m. Supply currently stands at 7.01m circulating, 12.99m 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 Dec 3, 2025. The token is currently 1.5% below that level.
How does XSY's TVL compare to similar protocols?
Among Basis Trading protocols tracked by DefiLlama, XSY ranks #20 by TVL. The category holds $7.3b across 41 protocols, and XSY accounts for 0.2% of that total. Other leading protocols include ZEROBASE CeDeFi, BounceBit CeDeFi Yield, BitFi Basis, Avant avUSD, SoSoValue Basis, Theo Straddle Vaults, HRUSD, Kerne, Umoja yBTC, and Ethena USDe.