dForce USD
Perfil del Stablecoin
dForce USD (USX) es una stablecoin colateralizada por cripto: los usuarios acuñan USX bloqueando otros criptoactivos como sobrecolateral, con 8,5 M US$ actualmente en circulación a través de 9 redes blockchain. El anclaje a USD se mantiene mediante subastas de liquidación cuando el valor del colateral cae por debajo de los umbrales requeridos. Fuente de precio obtenida vía defillama.
Acerca de dForce USD (USX)
An omni decentralized stablecoin protocol. USX is an omni-decentralized stablecoin, serving as a conduit to facilitate interoperability across multiple Ethereum and Bitcoin L1/L2s. USX unlocks seamless access to real yields backed by RWA, providing additional value to holders beyond price stability.
USX also leverages AI technologies to enhance its functionalities and management
Using the dForce Network app, users mint USX by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back USX is burned. Users can borrow USX from whitelisted lending protocols which have had their USX liquidity issued algorithmically.
Actividad reciente de suministro
dForce USD (USX) supply expanded by 0 US$ in the last 24 hours, expanded by 46,2 US$ over the past week, and contracted by 357 US$ over the past 30 days.
Steady issuance: supply has held roughly flat (-0.00% over 30 days), consistent with mature stablecoin liquidity dynamics.
Historial de Suministro
Network distribution
dForce USD circulates across 9 blockchain networks. Arbitrum hosts the largest share at 49.07%, followed by OP Mainnet at 37.91%. Cross-chain distribution has remained broadly stable over the past 30 days.
| Cadena | Suministro | Cuota | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Arbitrum | 4,2 M US$ | 49.07% | 0.00% | -0.04% |
| OP Mainnet | 3,2 M US$ | 37.91% | -0.01% | +0.17% |
| Ethereum | 707,9 mil US$ | 8.33% | 0.00% | -0.03% |
| Base | 276,8 mil US$ | 3.26% | -0.11% | +3.83% |
| BSC | 75,1 mil US$ | 0.88% | +0.77% | -15.16% |
| Polygon | 40 mil US$ | 0.47% | 0.00% | -1.79% |
| Conflux | 4,8 mil US$ | 0.06% | 0.00% | -0.14% |
| Avalanche | 2,2 mil US$ | 0.03% | 0.00% | 0.00% |
| Kava | 763,9 US$ | 0.01% | 0.00% | +4.70% |
Historial de estabilidad del anclaje
As a crypto-collateralised stablecoin, dForce USD (USX) maintains its 1.00 USD target by holding excess on-chain collateral and routing redemptions through automated liquidation auctions. Spot price is currently $0.5617 (-43.825%); short-term excursions of this magnitude are typically arbitraged away within hours via the protocol's open mint/redeem mechanics.
Cómo las stablecoins crypto-collateralised defienden su anclaje
Crypto-collateralised stablecoins like this one over-collateralise positions — borrowers must lock more than $1.00 of crypto for each $1.00 of stablecoin minted. If collateral value falls below the required ratio, the position is automatically liquidated in an open Dutch auction. Arbitrageurs can always mint and redeem against the protocol's contracts, which keeps the secondary-market price tightly bounded around $1.00. The main residual risks are sudden crypto-collateral crashes that outpace the liquidation engine, and oracle failure.
Implicaciones prácticas para los tenedores
- Collateral volatility is the dominant risk: a fast drawdown in the collateral asset can outpace liquidation auctions and leave the protocol under-collateralised.
- Oracle risk: the protocol relies on price feeds (typically Chainlink or a multi-oracle setup). Oracle manipulation or delay during volatile markets has historically caused peg excursions.
- Governance risk: parameter changes (collateral types, liquidation ratios, debt ceilings) are decided by token-holder votes. Sudden governance attacks remain a tail risk.
- On-chain transparency is a major advantage — collateral is verifiable 24/7 without trusting an attestor.
- Mantapex tracks peg deviation in real time from DeFiLlama price feeds, but for high-value holdings cross-check directly on at least one independent venue (CoinGecko, the issuer's own dashboard, or an on-chain DEX).
Peg-stability commentary is based on the mechanism class (crypto-collateralised) and is provided for educational purposes only — it is not financial advice. Past peg stability is not a guarantee of future performance, and even the highest-quality stablecoins have historically traded outside their target band during banking, regulatory, or liquidity stress.
Direcciones de contrato
dForce USD (USX) is deployed as a token contract on 1 blockchain network below. Always verify the contract address you're interacting with on the relevant block explorer before sending funds — phishing tokens reusing well-known stablecoin tickers are common, especially on newer chains.
| Cadena | Dirección del contrato | Verificar |
|---|---|---|
| Ethereum | 0x0a5E677a6A24b2F1A2Bf4F3bFfC443231d2fDEc8 | Explorador |
Las direcciones de contrato provienen del perfil de stablecoins de DeFiLlama. Algunas cadenas (Tron, Solana, Aptos, Sui) usan formatos de dirección no EVM. El enlace "Explorador" abre el explorador de bloques oficial de la cadena correspondiente; no enlazamos a exploradores de terceros que puedan mostrar datos alterados.
Comparar dForce USD con otras stablecoins crypto-collateralised
Below are the largest crypto-collateralised stablecoins tracked on Mantapex alongside dForce USD (USX). Comparing supply and chain footprint within the same mechanism class is more meaningful than cross-class comparison, because the underlying peg-defence assumptions are different.
| Stablecoin | Suministro | Mecanismo | Cadenas |
|---|---|---|---|
| Sky Dollar (USDS) | 8396,9 M US$ | crypto-backed | 6 |
| Ethena USDe (USDe) | 5921,4 M US$ | crypto-backed | 23 |
| Dai (DAI) | 4553,5 M US$ | crypto-backed | 48 |
| Falcon USD (USDf) | 1636,3 M US$ | crypto-backed | 2 |
| USDD (USDD) | 1095,4 M US$ | crypto-backed | 4 |
Entre clases de mecanismos
If you're researching USX as part of a broader stablecoin allocation, it's worth comparing it across mechanism classes — each design has different counterparty, custody, and tail-risk profiles.
Estabilidad del Anclaje
Distribución por Cadena
Recursos y fuentes de datos
dForce USD (USX) is tracked across major crypto data providers. The links below open dForce USD (USX)'s pages on CoinGecko and DeFiLlama, so you can cross-check supply, market cap, exchange listings and historical price data directly at the source.
Price feed sourced from defillama. Supply, peg and chain-distribution data are aggregated from DeFiLlama's stablecoins dataset, which combines on-chain balances across supported networks. Numbers on this page typically refresh every 10 minutes.
Noticias recientes de dForce USD
Latest reporting from major crypto news outlets covering dForce USD.
- Cointelegraph
USX briefly depegs on Solana DEXs before liquidity support restores price
The USX stablecoin briefly slipped below its dollar peg on Solana DEXs before recovering after its issuer injected liquidity into secondary markets.
- Coinquora
Source's USX: A Resilient DeFi Stablecoin Backed by a Solvent Ecosystem
UST and LUNA's crash turned out to be a huge blow to crypto as a whole.
Stablecoins relacionadas
Stablecoins comparable to dForce USD by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
Otras stablecoins crypto-backed
Stablecoins vinculadas a USD
Mayores stablecoins por suministro
Aviso de Riesgo
Las stablecoins conllevan riesgos que incluyen la pérdida del anclaje, cambios regulatorios y riesgo de contraparte. Siempre diversifique y haga su propia investigación.