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M. Cap: $2.32 T 3.51%24h Vol: $124.94 B -1.32%BTC: $63,191.60 4.43%ETH: $3,055.00 2.51%S&P 500: $5,007.41 -0.45%Gold: $2,384.43 0.38%BTC Dominance: 53.61%
  • #5884

UXD Stablecoin UXD

UXD Price

$1.00-1.28%
Price Range--
--

Market Cap 

--Rank #5884

FDV 

$1.00 MRank #6093

Investors

Twitter Followers

Twitter Performance

771Rank by Twitter #1488
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Data from TweetScout 
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Detailed Performance

SentimentNeutral

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

Trading Pair1h24h7d1m3m1y
UXD/USD
-1.09%-1.32%-0.99%3.53%-0.45%0.03%
UXD/BTC
-0.55%-5.47%9.86%9.61%-33.90%-52.19%
UXD/ETH
-0.46%-3.70%14.01%18.25%-18.80%-31.38%
UXD/DeFi
0.06%-4.76%27.40%45.81%-8.56%-31.02%
UXD/Algorithmic Stablecoins
-0.27%-2.10%-0.75%7.72%5.47%57.01%

UXD to USD Converter

UXD

Price History

All-Time High
$5.03
5.03x to ATH
All-Time Low
$0.05252
19.04x to ATL
Trade Launch Date
21 Jan, 2022
818 days ago

About UXD

UXD Stablecoin is a crypto native stablecoin that is backed by a delta-neutral position using derivatives. It is designed to maintain a stable value by utilizing low volatility strategies and an asset liability management module to manage the asset and liability side of the protocol. The stability mechanism of UXD Stablecoin is closely tied to funding rates in perpetual futures markets. It is intended to provide a reliable and decentralized stablecoin option in the cryptocurrency ecosystem.

What makes UXD Stablecoin unique?

UXD Stablecoin is unique compared to other cryptocurrencies because it is backed by various low volatility strategies that generate yield. These strategies include delta-neutral positions, overcollateralized crypto-backed loans, liquid and semi-liquid lending, and more. The protocol manages the asset and liability side to ensure there is no mismatch, which helps maintain the stability of the stablecoin. Additionally, UXD Stablecoin's stability mechanism is tied to the concept of funding rates in perpetual futures markets, making it different from other cryptocurrencies that may not have this specific mechanism.

Live UXD Stablecoin Price Data

The current price of UXD Stablecoin (UXD) is approximately $1.00, reflecting a decrease of -1.28% in the last 24 hours. The UXD trading volume in the last 24 hours stands at $710,998.00. 

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

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