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Navigate to Home Page

Dashboards

DeFi

Overview Chains Airdrops Oracles Forks Top Protocols Comparison Token UsageNEW Categories Recent Languages

Yields DEX Meta-Aggregator Borrow Aggregator CEX Transparency Liquidations

Volumes

Overview Chains

Fees/Revenue Raises

Stables

Overview Chains

Hacks ETH Liquid Staking

Tools

LlamaNodesNEW DLNewsNEW Watchlist Directory Roundup Trending ContractsNEW Token LiquidityNEW Wiki Press / Media API Docs List Your Project

ReportsNEW About / Contact Twitter Discord Donate

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USDX (USDX)

Market Cap$14.84m

Price	$0.64

Issuance Stats
Total Circulating	23.18m

Optional Circulating Counts
Unreleased	0

DescriptionUSDX is the crypto-backed native stablecoin of the Kava DeFi hub.

Category:crypto-backed

Minting and RedemptionUsing the Kava app, users mint USDX by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back USDX is burned.

View on unknown

Name	Bridge
1Kava (KAVA)	-	0	-3.70%	-0.19%	-4.03%	23.18m

Use this option to choose whether to include coins that have been minted but have never been circulating.

Crypto-backed assets are backed by cryptoassets locked in a smart contract as collateral. Risks of crypto-backed assets include smart contract risk, collateral volatility and liquidation, and de-pegging.