UXD StablecoinPrice(UXD)
Details UXD Stablecoin (UXD) Price information (USD)
The current real-time price of UXD is $1.005. In the past 24 hours, UXD has traded between $1 and $1.008, showing strong market activity. The all-time high of UXD is $18.92, and the all-time low is $0.0525.
From a short-term perspective, the price change of UXD over the past 1 hour is
UXD Stablecoin (UXD) Market Information
UXD Stablecoin (UXD) Today's Price
The live price of UXD today is $1.005, with a current market cap of $299.112K. The 24-hour trading volume is 37.88. The price of UXD to USD is updated in real time.
UXD Stablecoin (UXD) Price History (USD)
What is UXD STABLECOIN (UXD)?
When is the right time to buy UXD? Should I buy or sell UXD now?
Before deciding whether to buy or sell UXD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s UXD technical analysis can provide you with trading references.
Future price trend of UXD
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for UXD.
How much will UXD be worth tomorrow, next week, or next month in ? What about your UXD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! UXD Price Prediction
How to buy UXD STABLECOIN (UXD)
Convert UXD to local currency
UXD Resources
To learn more about UXD, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
solana | 6uQDwA...1aB6SG  | 152.831K | 51.37% |
solana | HaNqpJ...qMRZo1 | 29,823.87 | 10.02% |
solana | 9DrvZv...yDWpmo | 18,303.47 | 6.15% |
solana | 62JkSD...r5mMA8 | 13,045.38 | 4.38% |
solana | 6b4ayp...TQJfQA | 9,742.615 | 3.27% |
Other | 73,773.82 | 24.8% |
Hot Events
UXD STABLECOIN (UXD) FAQ
Why is the UXD Protocol currently winding down its operations?
The project team decided to sunset the protocol due to a lack of product-market fit and insufficient liquidity. While the delta-neutral model provided stability, it struggled to attract the same level of user interest as other decentralized or yield-bearing alternatives. As a result, the DAO voted to begin an orderly liquidation process to return remaining assets to stakeholders and transition the project into a non-active state.
How can holders redeem their UXD and UXP tokens during the sunsetting phase?
Redemptions are being conducted in multiple phases through an official portal. Holders can exchange their tokens for established stablecoins as liquidity becomes available. The project has implemented specific claim windows with designated deadlines, and it is essential for holders to follow official governance updates to ensure they complete the redemption process before the final winddown window closes in late 2025.
Why is the redemption and winddown process scheduled to take two years?
The protocol’s insurance fund includes positions in various decentralized credit and liquidity platforms that are not immediately liquid. These assets require time to reach maturity or be sold in an orderly fashion without causing significant slippage. To ensure the highest possible recovery for holders, the winddown is being managed in stages, releasing liquidity for redemptions as these underlying positions are successfully exited or settled over the two-year period.
What was the unique mechanism that defined the UXD stablecoin before its winddown?
UXD was designed as a "delta-neutral" stablecoin on the Solana blockchain. Unlike models that rely on over-collateralization or traditional fiat backing, it utilized perpetual swap positions on decentralized exchanges. By holding a volatile asset while simultaneously maintaining a short position of equal size, the protocol created a synthetic value that remained stable regardless of market fluctuations, while collecting funding rates to generate yield for the protocol.
How did the protocol handle historical security incidents and exploits?
In late 2022, a major exploit on an external decentralized exchange used by the protocol resulted in a loss of funds. However, the project managed to recover the majority of the assets and utilized its internal insurance fund to cover the remaining deficit. This action ensured that the stablecoin maintained its target value and protected users from losses, demonstrating the effectiveness of the protocol's backstop mechanism during periods of market stress.
What are the differences between the UXD and UXP tokens in the liquidation process?
UXD is the stablecoin designed to maintain a stable value through its delta-neutral strategy. UXP is the governance token used for voting on DAO proposals and acting as the final line of defense for stability. During the liquidation process, UXD holders are prioritized to ensure they can redeem their tokens for other assets. Remaining capital in the insurance fund will be distributed to UXP governance token holders and investors after all liabilities are covered.
