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.
Where is UXD Stablecoin available for purchase?
You can exchange UXD tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading UXD Stablecoin is Meteora, notably the UXD/USDC pair, which saw a trading volume of $ 5,217.54 in the past day. Additionally, Orca is popular alternative for trading tokens.
What is the highest value UXD Stablecoin (UXD) has ever reached?
UXD Stablecoin (UXD) reached its peak price at 5.03 $ on 22 November 2023, approximately 2 years ago ago. Presently, the current price is -80.12% lower than this all-time high.
What is the historical minimum price for UXD Stablecoin (UXD)?
The minimum price reached for UXD Stablecoin (UXD) was 0.05252 $, documented on 17 October 2022, more than 3 years ago. In comparison, the current price is 1,803.45%, it above this historical low.
What is the fully diluted valuation of UXD Stablecoin (UXD)?
The fully diluted valuation (FDV) of UXD Stablecoin (UXD) stands at $ 9,00 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of UXD tokens. The realization of this FDV might take several years depending on the emission schedule of UXD tokens.