USX is a Solana-based stablecoin designed to provide a secure, efficient, and transparent digital dollar for both institutional and retail users. It is created through over-collateralization with leading stablecoins, ensuring that every USX in circulation is backed 1:1 with assets like USDT or USDC. Unlike legacy stablecoins that simply hold reserves, USX is built to integrate directly into the broader DeFi ecosystem, where it acts as a core liquidity layer for trading, lending, and payments. Its purpose is to offer a dollar-pegged asset that can move at the speed and scale of Solana while maintaining reliability for settlements and financial transactions. By combining stability with seamless composability, USX serves as a foundational building block for protocols, payment processors, and institutions seeking trusted dollar liquidity in the crypto economy.
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USD3 is now tracked on Pharos. Last week we found ways to make Pharos even better for you. Here's a list of what we shipped last week. - USD3 Gets Listed. USX Is Frozen. USD3 arrives on Pharos as an actively tracked stablecoin. USX has been frozen after an irrecoverable depeg. VGBP is quarantined.
RT @kaminointern: for the last few months, stablecoin yields have been sitting around 4–5% APY. those days are over on @kamino: USX: 12%…
RT @AllezLabs: The Allez @solsticefi USX Vault on @Kamino crossed $1M supplied. https://t.co/zqmFYti48T
It's strange that USX IY hasn't moved much despite SLX dropping something like 67% in the past week. Initially, I assumed it was because concentrated liquidity mixed with low volume might make for a sticky IY, but the volume is actually comparable to the top Pendle markets if you trust the front en
RT @Usoppu: “Your total bill is $67. Will you be paying by cash, credit card, or Open USD USDT USDC USDE USX USDM TUSD USDP FRAX BSD FDUS…
I yaught about 10K into uSX USX YTs. The eUSX YTs are nice. You're basically trading 33% of your principal for points. ► 50M FDV: 10% Net APR, 2x ROI ► 100M FDV: 17% Net APR, >3x ROI ► 150M FDV: 24% Net APR, ~5x ROI ►200M FDV: 31% Net APR, >6x ROI etc. The USX YTs burn 100% of the principal to
RT @ExponentFinance: Over $50K in rewards have been renewed for another month on Exponent: Limit Orders: $25K+ across ONyc, USX, eUSX → Un…
But even if you don't like YOLOing into YTs, the LP is at 20x flares, which is effectively 10x points, because it's on the USX portion of the LP. So you can get 4-5% base yield plus 13% points yield (at 150 FDV) while hitting your TWA requirements.
RT @AllezLabs: The Allez USX Lending Vault is now live on @Kamino! Deposit USX to lend against @SolsticeFi collateral & @ExponentFinance P…
⚡️ Stablecoins by Monthly Supply Growth Total stablecoin market cap at $314B, up $590M (+0.17%) MoM. @Gate USD leads supply growth at +86.9%, followed by apxUSD (+56.8%) and USDTB (+54.1%). USDe is the largest in the set at $4.51B with steady +11.8% growth. $GUSD $apxUSD $USDTB $fxUSD $USX $M $M