UXD Stablecoin
UXD

1.004
$
0.08 %
Change 24h
Market Cap
$ 8,298,641
Volume 24h
$ 37,610
Circulating Supply
8,276,072
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.
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