Staked Axis USD SUSDX
SUSDX
1.021
$
0.06 %
Change 24h
Market Cap
$ 30,460,188
Volume 24h
$ 11,534
Circulating Supply
29,843,284
Total Supply
18,125,239
SUSDX
$
| # | Exchange | Pair | Price | Volume 24h |
|---|
Description
Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book. Returns come from closing price differences across venues, not from token emissions. sUSDx is the staked form of USDx: users stake USDx to receive sUSDx vault shares. The sUSDx contract uses ERC-4626 vault accounting and an ERC-7540-compatible asynchronous redemption flow. Rewards are added in USDx and increase the sUSDx exchange rate over time. The operating company is Coordinate Labs Pte. Ltd. in Singapore.