UXD Stablecoin UXD
UXD
1.001
$
0.21 %
Change 24h
Market Cap
$ 15,018,800
Volume 24h
$ 220,226
Circulating Supply
14999999
Total Supply
1,000,000
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.