Pegged to
USD
Market Cap
$15.00M
24h Volume
$2.00M
Circulating Supply
15.00M USDX
Total Supply
15.00M USDX
Peg Target
USD
Collateral Type
Crypto-Backed
Issuer
Kine Protocol
Launch Date
01-04-2021
USDX is the stablecoin used within the Kine Protocol ecosystem, a decentralised derivatives trading platform. Users stake crypto assets as collateral to mint USDX, which can then be used to trade perpetual contracts on the Kine platform with zero slippage. The protocol uses a peer-to-pool model where USDX represents the trader's buying power. Kine supports multi-chain deployment across Ethereum, BNB Chain, and Polygon.
Category
Crypto-BackedCollateral Type
Crypto-BackedIssuer
Kine Protocol