UXD Stablecoin UXD
UXD
1.000
$
0.16 %
Change 24h
Market Cap
$ 713,787
Volume 24h
$ 6701.0
Circulating Supply
712,614
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.