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UXD Stablecoin
UXD

1.002
$
0.04 %
Change 24h
Market Cap
$ 341,988
Volume 24h
$ 523.42
Circulating Supply
341,368
Total Supply
8,999,955
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.