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 M $US based on circulating supply at the latest DeFiLlama snapshot. Token market cap (7,7 M $US) and TVL (7,7 M $US) 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.

Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.

1. Oct 11, 2024
   Listé sur DeFiLlama

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 M $US) and TVL (7,7 M $US) 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 Md $US 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 Md $US · 24h -0.01%

Falcon Finance

TVL 1,6 Md $US · 24h -0.03%

Solstice USX

TVL 371,5 M $US · 24h -0.01%

BounceBit CeDeFi Yield

TVL 352 M $US · 24h +0.02%

BitFi Basis

TVL 259,2 M $US · 24h +0.52%

Superstate USCC

TVL 250,2 M $US · 24h +0.07%