USDX
稳定币概况
USDX（USDX）是一种加密资产抵押的稳定币：用户通过锁定其他加密资产作为超额抵押来铸造 USDX，目前共有 US$621.4万 流通在 1 条区块链网络上。当抵押品价值低于所需阈值时，通过清算拍卖维持 USD 锚定。价格数据来源 通过 defillama。
关于 USDX (USDX)
USDX is the crypto-backed native stablecoin of the Kava DeFi hub.
Using the Kava app, users mint USDX by depositing an accepted collateral asset into a vault. When the loan is repaid to retrieve the collateral, the paid back USDX is burned.
近期供应活动
USDX (USDX) supply expanded by US$4万 (+0.65%) in the last 24 hours, expanded by US$5.6万 (+0.90%) over the past week, and contracted by US$2.4万 (-0.38%) over the past 30 days.
Steady issuance: supply has held roughly flat (-0.38% over 30 days), consistent with mature stablecoin liquidity dynamics.
供应量历史
Network distribution
USDX circulates across 1 blockchain network. Kava hosts the largest share at 100.00%. Cross-chain distribution has remained broadly stable over the past 30 days.
| 链 | 供应量 | 份额 | 24h Δ | 30d Δ |
|---|---|---|---|---|
| Kava | US$621.4万 | 100.00% | +0.65% | -0.38% |
锚定稳定性历史
As a crypto-collateralised stablecoin, USDX (USDX) maintains its 1.00 USD target by holding excess on-chain collateral and routing redemptions through automated liquidation auctions. Spot price is currently $0.5487 (-45.132%); short-term excursions of this magnitude are typically arbitraged away within hours via the protocol's open mint/redeem mechanics.
crypto-collateralised 稳定币如何维护其锚定
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.
对持有者的实际影响
- 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.
将 USDX 与其他 crypto-collateralised 稳定币比较
Below are the largest crypto-collateralised stablecoins tracked on Mantapex alongside USDX (USDX). 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.
| 稳定币 | 供应量 | 机制 | 链 |
|---|---|---|---|
| Sky Dollar (USDS) | US$84亿 | crypto-backed | 6 |
| Ethena USDe (USDe) | US$59.2亿 | crypto-backed | 23 |
| Dai (DAI) | US$45.5亿 | crypto-backed | 48 |
| Falcon USD (USDf) | US$16.4亿 | crypto-backed | 2 |
| USDD (USDD) | US$11亿 | crypto-backed | 4 |
锚定稳定性
链上分布
资源与数据来源
USDX (USDX) is tracked across major crypto data providers. The links below open USDX (USDX)'s pages on CoinGecko, CoinMarketCap 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.
USDX 最新动态
Latest reporting from major crypto news outlets covering USDX.
- Aped
USDX Stablecoin Supply Collapses After $676M Burn
USDX's circulating supply plunged 98.9% after a $676M token burn on April 8, with no public explanation yet for the sudden stablecoin collapse.
- Cryptopolitan
Stables Labs announces phased USDX recovery plan following severe depeg
After a few days of silence, Stables Labs has announced a “USDX Restoration Arrangement” following the depeg of its synthetic stablecoin. It stated that “due to market liquidity…
- Bitcoin
Stablecoin Shake-Up: $1.9B Drop Hits Market as XUSD and USDX Break Peg
The stablecoin sector finally hit a speed bump this week, trimming $1.925 billion from its market cap after a long winning streak. Leading the cutback was Ethena's USDe, which…
- Coincu
Stables Labs Initiates Recovery for Depegged USDX Stablecoin
Stables Labs announced the initiation of a recovery plan following the USDX stablecoin's significant depeg.
- Bitcoin
USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37
On Thursday, another stablecoin, this one dubbed ‘USDX' from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back…
- AMBCrypto
Stablecoin USDX crashes 63% as founder faces liquidity drain allegations
A stablecoin designed to maintain a $1 peg crashed to $0.37 on 6 November, losing 63% of its value in hours. The collapse came after the founder was accused of draining millions…
- Cointelegraph
These are the least 'stable' stablecoins not named TerraUSD
Some stablecoins have failed to deliver the dollar's stability to crypto traders long before TerraUSD's collapse.
相关稳定币
Stablecoins comparable to USDX by collateral mechanism, peg currency, or circulating supply — handy for spotting alternatives if a peg breaks or a regulator forces a delist.
其他 crypto-backed 稳定币
锚定 USD 的稳定币
风险提示
稳定币存在脱锚、监管变化和交易对手风险等风险。请务必分散投资并做好自主研究。