UXD Stablecoin
UXD

1.001
$
0.18 %
Change 24h
Market Cap
$ 14,997,100
Volume 24h
$ 244,143
Circulating Supply
15,000,000
Total Supply
1,000,000
UXD
$
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.