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  • #449

USDX USDX

USDX Price

$0.8654-0.93%
Price Range--
--

Market Cap 

$96.55 MRank #449

FDV 

$93.05 MRank #692

Investors

Twitter Followers

OverviewExchangesFundraisingVesting

Detailed Performance

SentimentNeutral

USDX shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods

Trading Pair1h24h7d1m3m1y
USDX/USD
0.16%-0.80%-1.21%-2.35%-1.32%4.51%
-0.57%4.91%-0.16%5.21%-37.36%-53.05%
-0.19%8.63%2.11%22.64%-22.01%-37.90%
-1.05%18.79%20.07%37.99%-12.70%-38.36%
0.14%-1.22%-1.29%-7.16%-14.92%-7.81%

USDX to USD Converter

USDX

Price History

All-Time High
$3.89
4.50x to ATH
All-Time Low
$0.1001
8.65x to ATL
Trade Launch Date
10 Nov, 2020
1249 days ago

About USDX

USDX is a stablecoin issued by Mountain Protocol. It is a regulated and permissionless yield-bearing stablecoin that aims to maintain a stable value around 1 USD. It offers superior yields compared to traditional alternatives like checking and savings accounts. Users can exchange their assets for USDX and eventually borrow against it on Hard Protocol with autonomous interest rates. The stability of USDX is achieved through a plan announced in April 2021, which gradually shifted the same amount of KAVA rewards from USDX minting to USDX supplying on Hard Protocol.

What makes USDX unique?

USDX is unique compared to other cryptocurrencies because it is a stablecoin, specifically designed to maintain a stable value of 1 USD. This stability is achieved through a combination of mechanisms, such as minting and burning of tokens based on demand, as well as collateralization with Kava's native token, KAVA. Additionally, USDX offers superior yields without additional risk, making it an attractive option for investors compared to traditional alternatives like checking and savings accounts.

Live USDX Price Data

The current price of USDX (USDX) is approximately $0.8654, reflecting a decrease of -0.93% in the last 24 hours. The USDX trading volume in the last 24 hours stands at $511,515.00. USDX's market cap is currently $96.55 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of USDX is 111.57 million. 

For a comprehensive list of exchanges, visit our crypto exchanges page. To understand USDX's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on USDX, check out our crypto insights page. 

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