A visual representation of USX's price performance over time would typically appear here. For stablecoins like USX, the chart would ideally show minimal volatility, indicating a strong peg to the US Dollar. Deviations from the peg are critical indicators for traders and investors.
Key areas of interest on a stablecoin chart include periods of de-pegging (when the price moves significantly above or below $1.00) and the speed and effectiveness of its return to the peg. Such events often correlate with broader market stress or specific protocol-related news.
dForce USD (USX) is a crypto asset tracked in this profile. The snapshot in your CSV reports a live price of $0.93 and a 24‑hour change of 3.77%. If other fundamentals (market cap, supply, volume) are missing, treat this page as an analyst-style explainer: it tells you what to look for, how to interpret it, and what red flags matter most.
For thinly traded assets, the most important question is not the headline price — it is whether you can buy or sell meaningful size without slippage, whether trading venues are reputable, and whether supply/contract details can be verified from primary sources.
How to read the tape: a 24‑hour move is a blunt instrument. If the asset is small, a single wallet or a single venue can move price materially. Use the 24h change as a volatility signal, not as proof of trend.
Snapshot: price $0.93, 24h change 3.77%. If volume is missing, assume liquidity is unknown and validate it before committing size.
Trading insight that stays true across cycles: when liquidity is uncertain, position sizing is your edge. Start small, measure execution quality, and scale only when the market can absorb it.
The liquidity structure of a stablecoin like USX refers to how its total supply is distributed across different platforms and protocols. This distribution impacts its accessibility, trading efficiency, and overall stability. A diverse and well-distributed liquidity profile generally indicates a more robust and resilient asset.
For a stablecoin like USX, price history is less about capital appreciation and more about its ability to maintain a consistent peg to the US Dollar. A stablecoin's price history should ideally show minimal deviation from $1.00, reflecting its core utility as a stable store of value.
Significant or prolonged deviations from the $1.00 peg in USX's price history would indicate periods of instability, which could be caused by market stress, issues with its collateral, or challenges in its redemption mechanisms. Investors typically analyze these deviations to assess the stablecoin's resilience and the effectiveness of its pegging strategy.
Illustrative data only. Actual performance may vary and is subject to market conditions.dForce USD (USX) is positioned as a core component of the dForce network, a comprehensive DeFi protocol matrix. As a multi-collateralized stablecoin, USX aims to achieve stability through a combination of over-collateralization and dynamic adjustment mechanisms, though specific details of its current implementation are not publicly confirmed.
Generally, multi-collateralized stablecoins allow users to mint new stablecoins by locking up various approved crypto assets as collateral. The value of the collateral typically exceeds the value of the minted stablecoins (over-collateralization) to provide a buffer against price fluctuations in the underlying assets. If the collateral value drops too low, liquidation mechanisms are usually triggered to maintain the peg.
USX's role extends beyond just a stable medium of exchange; it is often integrated into other dForce products, such as lending platforms, liquidity pools, and synthetic asset protocols. This integration aims to create a robust and interconnected DeFi ecosystem where USX facilitates seamless value transfer and financial operations. Understanding the specific collateral types, their risk profiles, and the governance mechanisms that oversee USX is crucial for evaluating its long-term stability and security.
dForce USD (USX) is a decentralized, multi-collateralized stablecoin designed to maintain a stable value pegged to the US Dollar. It serves as a foundational asset within the broader dForce DeFi ecosystem, facilitating various financial activities by providing price stability. USX aims to offer a reliable store of value and medium of exchange for users navigating the volatile cryptocurrency markets.
The specific network addresses for dForce USD (USX) are Not publicly confirmed. Typically, a stablecoin like USX would have a primary contract address on one or more blockchain networks (e.g., Ethereum, BNB Chain, Polygon).
To verify the legitimacy and authenticity of USX, users should always consult official dForce documentation or reputable blockchain explorers. Searching for 'USX contract address' on platforms like Etherscan, BscScan, or PolygonScan, and cross-referencing with official dForce channels, is the recommended approach. Confirming the correct contract address is critical to avoid interacting with fraudulent tokens.
Crypto assets typically cluster into a few behavior regimes: large-cap “macro” assets, protocol/utility assets, and narrative-driven meme/community assets. When fundamentals are unclear, the safest assumption is that price is primarily narrative and liquidity driven.
Liquidity drives volatility: shallow order books amplify every trade. That means charts can look “strong” while being structurally fragile. A trend that survives rising volume is more credible than a trend that survives only on thin prints.
Reflexivity: in crypto, price often creates the story that brings new buyers, which pushes price higher—until it doesn’t. Your job is to identify what would break the story (exchange delisting, contract risk, whale distribution, regulatory pressure, or simply attention moving elsewhere).
Practical approach: treat this as a probability game. You’re not trying to predict; you’re trying to avoid bad risk/reward. If you cannot verify supply, contract, and credible venues, you should assume tail risk is high.
dForce USD (USX) is a decentralized stablecoin designed to maintain a stable value pegged to the US Dollar. It operates within the dForce ecosystem, aiming to provide a reliable and stable asset for various DeFi applications.
While specific details for USX are Not publicly confirmed, stablecoins typically maintain their peg through mechanisms such as over-collateralization with other crypto assets, algorithmic adjustments to supply, or a combination of both. These mechanisms aim to ensure that each USX token can be redeemed for, or is backed by, an equivalent value of collateral or fiat currency.
USX can be used for a variety of purposes within the dForce ecosystem and broader DeFi space, including: acting as a stable medium of exchange, a store of value, collateral for lending and borrowing, and a liquidity pair in decentralized exchanges. It helps users mitigate volatility risk in their crypto portfolios.
USX is designed as a decentralized stablecoin. This typically means its issuance, redemption, and governance are managed by smart contracts and potentially a decentralized autonomous organization (DAO), rather than a single central entity. However, the degree of decentralization can vary, and users should research the specific governance model.
The tokenomics of dForce USD (USX) are centered around its function as a stablecoin, meaning its supply is designed to be elastic and responsive to demand, rather than fixed. The primary goal is to maintain its $1.00 peg, not to appreciate in value.
Typically, stablecoin tokenomics involve mechanisms for minting and burning tokens. New USX tokens are minted when users deposit approved collateral into the dForce protocol, and tokens are burned when users redeem their collateral. This supply elasticity is crucial for maintaining the peg: if USX trades above $1.00, arbitrageurs are incentivized to mint more USX (by providing collateral) and sell it, increasing supply and pushing the price down. If it trades below $1.00, arbitrageurs are incentivized to buy USX and redeem it for collateral, reducing supply and pushing the price up.
The specific types of collateral accepted, their collateralization ratios, and any associated fees or stability mechanisms are key components of USX's tokenomics. These factors directly influence the stability, security, and capital efficiency of the stablecoin. Details on these aspects are Not publicly confirmed and would require further investigation into dForce's official documentation.
dForce USD (USX) can be compared to other stablecoins in the cryptocurrency market, which generally fall into categories based on their collateralization methods. Key comparables include:
When comparing USX, investors should evaluate its specific collateral assets, transparency of reserves, audit history, decentralization level, and integration within its native ecosystem versus the broader market. Each model carries distinct risk profiles and operational characteristics.
Investing in or holding dForce USD (USX), like any stablecoin, carries specific risks that differ from those of volatile cryptocurrencies. While designed for stability, stablecoins are not entirely risk-free:
Users should thoroughly research the specific design and audit reports of USX and the dForce protocol to understand these risks.
The provided asset row included the asset name (dForce USD / USX), its current price ($0.93), and its 24-hour price change (+3.77%). This information allows for a basic market snapshot and initial assessment of recent price movement.
However, critical data points such as market capitalization, 24-hour trading volume, all-time high, and circulating supply were explicitly stated as 'Not publicly confirmed'. The absence of these metrics significantly limits the confidence in a comprehensive market analysis. Without market cap and circulating supply, it's impossible to gauge the asset's overall size or fully understand its tokenomics. The lack of trading volume prevents an assessment of liquidity and market depth, which are crucial for a stablecoin.
To improve confidence, it would be essential to verify these missing data points from official dForce sources, reputable data aggregators, or blockchain explorers. Investors should prioritize confirming the market cap, circulating supply, and average daily trading volume to properly evaluate USX's market standing and liquidity profile.
This calculator demonstrates a simplified arbitrage opportunity for USX if its peg deviates. It's for illustrative purposes only and does not account for fees, slippage, or real-time market conditions.
Scenario: USX trades at $0.98 on Exchange A and $1.00 on Exchange B.
This simple example highlights how traders can profit from temporary de-pegging events, which in turn helps to restore the stablecoin's peg. Real-world arbitrage involves more complex calculations, including gas fees, exchange fees, and potential slippage.
dForce USD (USX) is a multi-collateralized stablecoin within the dForce ecosystem, aiming to maintain a stable peg to the US Dollar. It facilitates various DeFi activities by providing a stable medium of exchange. While its current price is $0.93 with a +3.77% 24h change, key market metrics like market cap and volume are Not publicly confirmed, necessitating further research for a full assessment.
As a stablecoin, dForce USD (USX) is related to other assets designed to maintain a stable value, typically pegged to fiat currencies. These assets are often used interchangeably in DeFi protocols or as safe havens during market volatility.
These assets serve similar functions but differ in their underlying mechanisms, collateralization, and degree of decentralization.