USDX
DApp

A Next Generation Institutional Grade Synthetic Stablecoin

Backed by an on-chain treasury, targeting 1 USDT. USDX is always self-custodied in users’ own wallets, with no risk of centralized misappropriation, and is managed on-chain by smart contracts, fairly and transparently.

Redemption set by one public formula.

Ecosystem use cases

USDX is built for a wide range of uses, from payments to contract margin and collateralized lending, each of which gives it real utility.

  • A shopper checking her phone while pushing a cart in a store

    Payments

    Spend USDX online and in stores on goods and services. Mainstream payment channels will add support for USDX over time.

  • Columned facade of a stock exchange building

    Contract margin

    Use USDX as margin on major platforms for derivatives, futures and options trading.

  • Traders and screens on a stock exchange floor

    Collateralized lending

    Major lending protocols will accept USDX as collateral, extending what it can do in finance.

Trusted by the best

→ Each USDX redeems by one public rule. When the treasury covers supply it pays 1 USDT of value; when it falls short it pays an equal share of treasury assets, so it never owes more than it holds.

Token details

0x181C07B8E332ed339eC8Cb31773400e74ca9dD8D
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Supported chains

  • BNB Chain Live
  • Ethereum Coming soon
  • Base Coming soon
  • Solana Coming soon
  • Tron Coming soon
  • Robinhood Coming soon
  • Arbitrum Coming soon

How redemption works

v = min(1, T / S)
01 → When T ≥ S

The treasury covers supply. Each USDX redeems for 1 USDT of value, paid from the treasury in USDT and BOX.

Par
02 → When T < S

The treasury falls short. Each USDX redeems for an equal share of treasury assets, so the treasury never owes more than it holds.

Pro rata

Resources

Documents and brand files for USDX.

  • White paper

    The full design of USDX: minting, NAV-based redemption, the stabilizer and risk analysis.

    PDF, English

  • Introduction deck

    A 15-page overview of minting, redemption, the stabilizer and use cases.

    PDF, 15 pages

  • One Page

    A one-page summary of USDX, sized for desktop and phone screens.

    JPG, Chinese

  • Logo pack

    The USDX logo for dark and light backgrounds.

    PNG, transparent background

Minting is open to project teams

Deposit equal values of USDT and BOX. The USDX team reviews each application before minting.

Email your application Contact@usdx.ltd