UXD Stablecoin
UXD

1.006
$
0.05 %
Change 24h
Market Cap
$ 8,894,545
Volume 24h
$ 293,800
Circulating Supply
8,966,774
Total Supply
8,999,955
UXD
$
# Exchange Pair Price Volume 24h

Description

UXD Protocol is an algorithmic stablecoin that is fully backed by a delta-neutral position using derivatives. UXD Protocol is non-custodial, and does not hold user's deposited crypto assets. Users can mint/redeem UXD on a permissionless basis.UXD users can mint 1 UXD for $1 worth of crypto assets. UXD does not require any over-collateralization.