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SUSDX
Staked Axis USD logo
Staked Axis USD
1.05
+0.0004421
+0.04%
09 nov, 20:50 UTC

Staked Axis USD (SUSDX)

Circa

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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