UXD Protocol Logo

UXD Protocol UXP

UXD Protocol header image

1. Summary

Limited data

  • 100% of the UXD Protocol code repositories are forked (originally copied) from another project.

Ranks

Liquidity
79
Developer
-
Social
69
Momentum (beta)
89
Stack Rankā„¢
-
Price
52W High price $0.02
52W High date 31st Jul 2023 (11 months ago)
All Time High (ATH) Date 27th Nov 2021 (2 years ago)
ATH Price $0.17
% From ATH -95.23%
All Time Low (ATL) Date 15th Jan 2023 (1 year ago)
ATL Price $0.000792160000
% From ATL 923.91%
Supply & Trading Volume
Trading Volume (24h) $12,959.00
Total Supply 7.00B
Max Supply 7.00B
Circulating Supply 4.13B
Description

Overview

Overview

UXD Protocol is a decentralized, algorithmic stablecoin backed 100% by various assets, including delta-neutral positions, overcollateralized lending positions, and real-world assets. The protocol operates on the Solana blockchain, which is fast, cheap, and permissionless. This structure allows UXD to integrate with top crypto projects to ensure full backing.

Key Features

  • Stable: UXD maintains a peg to the US dollar through its Liquidity Management strategy, which ensures redemption of 1 UXD for 1 USD of assets.
  • Decentralized: UXD issuance, trading, and redemption are permissionless and decentralized. The protocol uses multiple strategies to manage assets and maintain a stable value.
  • Capital Efficient: Users can mint 1 UXD for $1 worth of crypto assets, enabling more efficient collateral utilization.

Core Functionality

  • Minting and Redeeming: UXD tokens are minted and redeemed by depositing and withdrawing collateral assets. This process is controlled by the UXDController smart contract.
  • Asset Management: Deposited assets are managed by a depository contract, which interacts with DeFi protocols to generate yield through interest rates and other streams.
  • Governance: Parameters can be changed through governance proposals, ensuring the protocol remains decentralized over time.

Token Details

  • Symbol: UXP
  • Governance Token: UXP holders have DAO authority over future design proposals.
2. Price

UXP

2.1. Market Performance

How does UXD Protocol's (UXP) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

37.2%

UXP

-3.4%

Similar Market Cap

60 Day Return

3.1%

UXP

-12.7%

Similar Market Cap

1 Year Return

2.6%

UXP

12.7%

Similar Market Cap

3. Developer Activity

We're monitoring 28 UXD Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All UXD Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 116

Most Active Repos

Past week 0
Past 12 weeks 243
Past year 1151
Past week 9
Past 12 weeks 24
Past year 616
Past week 25
Past 12 weeks 148
Past year 590
Past week 33
Past 12 weeks 141
Past year 365

Top Developers 2024

In total, 474 developers have contributed to UXD Protocol over the past year. Who are the most active UXD Protocol developers, by commits, over the past year?

Related Projects

Developers working on UXD Protocol also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users 7,082
Active Discord Users 346
Telegram Users
Twitter followers 23,674
5. News
  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • governance.uxd.fi/dao/UXP/proposal/GjvmvvyHGsJ9dhd4wKeftUvU34h5oRsBpztG5iwSAe41 Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

  • docs.uxd.fi/uxdprotocol/overview/uxd-basics/asset-liability-management-module-alm Official

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://uxd.fi/
Explorer https://explorer.solana.com/address/UXPhBoR3qG4UCi...
Twitter @UXDProtocol

What is the correct contract address for UXD Protocol?

Solana UXPhBoR3qG4UCiGNJfV7MqhHyFqKN68g45GoYvAeL2M

Has UXD Protocol been audited for security?

No security audits found for this project.

Are you the owner of UXD Protocol? Edit it here

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