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UXD Protocol

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UXD Protocol

UXD Protocol is a Solana-based stablecoin protocol operated by Soteria FZCO d/b/a UXD Protocol. It enables eligible users to mint and redeem UXD, a USD-pegged stablecoin collateralized by assets managed through an asset-liability management approach. Its collateral strategies include overcollateralized lending, real-world assets, and delta-neutral positions; generated yield is directed to UXP stakers, while an insurance fund is intended to cover asset-side losses.
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Funding Rounds

Funding Round: Public Sale
Funding Date: 1 Nov, 2021
Raised Amount: $57M
Funding Round: Seed
Funding Date: 2 Sep, 2021
Raised Amount: $3M
Funding Round: Seed
Funding Date: 1 Sep, 2021
Raised Amount: $3M

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