UXD Stablecoin UXD
UXD
1.001
$
0.11 %
Change 24h
Market Cap
$ 341,511
Volume 24h
$ 248.24
Circulating Supply
341,368
Total Supply
8,999,960
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.