7D price · CoinGecko market data.
| Exchange | Pair | 24h Volume | Spread | Trust | |
|---|---|---|---|---|---|
| Curve (Ethereum) | SUSDX/0XA1FA…233F8 |
| $33.82K |
| 0.60% |
| TRADE |
Top 1 exchanges by 24h trading volume. Block Insider earns affiliate commission from some exchanges listed here. Placement does not affect editorial.
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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