Staked Axis USD
SUSDX

1.040
$
0.06 %
Change 24h
Market Cap
$ 51,797,084
Volume 24h
$ 62,894
Circulating Supply
49,790,810
Total Supply
49,790,810
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.
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