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USDX Money
usdx.money, powered by Stables Labs, is a decentralized synthetic stablecoin issuer. It manages the issuance and redemption of USDX, a yield-bearing synthetic USD stablecoin designed to be stable through an automated delta-neutral hedging strategy. Holders can stake USDX to earn rewards from the protocol's derivatives positions. The mission is to provide next-generation stablecoin infrastructure connecting DeFi, CeFi, and TradFi.
Distributed
Funding Rounds
Funding Round: Unknown
Funding Date: 1 Nov, 2024
Raised Amount: $45M