USDX Stablecoin: Peg, Supply & Chains

#	Chain	Supply	Share			Distribution
1	BSC	$528.47M	8862.93%	+$601.35K	9.02%	x
2	Arbitrum	$119.02M	1996.05%	+$312.31K	8.11%	x
3	Ethereum	$35.95M	602.91%	−$26.99K	0.07%	x

Stats

Marked Value$52.02K

Price$0.0087

Peg Δ99.13%

Chains3

MechanismCrypto-backed

Top chainBSC 8863%

How USDX is minted & redeemed

USDX can be minted by approved entities who pass KYC/KYB screenings, using USDX.money contracts, where users deposit cryptocurrency as collateral and receive USDX, with corresponding short positions opened on derivatives exchanges to hedge the backing assets

Supply flow

Net change--

Net mint--

Net redeem--

USDX does not have a usable prior supply observation for the last 24 hours.

About USDX

USDX is a synthetic USD stablecoin that takes on forms of BTC as backing, combined with short BTC hedges on exchanges to achieve a delta neutral approximate dollar position

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USDX Money USDX

USDX Money USDX (USDX) Stablecoin Analytics

USDX Money USDX (USDX) Stablecoin Analytics