Stables Labs USDX

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

Stables Labs USDX's governance or utility token carries a market capitalisation of 7,7 Mio. $ based on circulating supply at the latest DeFiLlama snapshot. Token market cap (7,7 Mio. $) and TVL (7,7 Mio. $) trade close together, giving a mcap/TVL multiple of 1.00× — broadly the range market participants treat as "fair" for an established DeFi protocol.

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Wichtige Ereignisse, die von der DeFiLlama-Community markiert wurden — Protokoll-Launches, Exploits, Governance-Änderungen und Anreizprogramme.

1. Oct 11, 2024
   Auf DeFiLlama gelistet

Stables Labs USDX operates in the Basis Trading category of DeFi. It is deployed across 3 chains, including Binance, Arbitrum, Ethereum. No public audit reports are listed on DeFiLlama for this protocol.

Stables Labs USDX operates on 3 networks (Binance, Arbitrum, Ethereum), keeping its surface area narrower than chain-agnostic peers. Roughly 100% of its on-chain value sits on just three networks (Binance, Arbitrum, Ethereum), so a fault on any one of them would affect a large slice of users. Price feeds come from a single oracle provider (RedStone); an outage or manipulation of that feed would propagate into every market the protocol prices. Only one audit report is currently listed; users should weigh that against the protocol's TVL before depositing significant amounts. Token market cap (7,7 Mio. $) and TVL (7,7 Mio. $) trade at a ratio of 1.00, in the range generally considered normal for an established DeFi protocol.

Verified external resources for Stables Labs USDX — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Stables Labs USDX is one of 7 Basis Trading protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Ethena USDe, Falcon Finance, Solstice USX, and 3 more. These peer protocols collectively secure 8,8 Mrd. $ in deposits, giving you a frame of reference for whether Stables Labs USDX's own TVL is at the top, middle, or tail of the category.

Ethena USDe

TVL 5,9 Mrd. $ · 24h -0.01%

Falcon Finance

TVL 1,6 Mrd. $ · 24h -0.03%

Solstice USX

TVL 371,5 Mio. $ · 24h -0.01%

BounceBit CeDeFi Yield

TVL 352 Mio. $ · 24h +0.02%

BitFi Basis

TVL 259,2 Mio. $ · 24h +0.52%

Superstate USCC

TVL 250,2 Mio. $ · 24h +0.07%