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USDEX

USDEX USDEXPrice N/A

USDEX Price

N/A

General Info

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# Inactive

Description

USDEX is the native token of the Money Market protocol with built-in stability mechanism that aims to maintain USDEX’s peg of 1 USDEX = 1 USDC

USDEX (USDEX) Chart

USDEX price Index provides the latest USDEX price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Total Supply

USDEX 2,440,635

All Time High

$ 1.56

27 Jun 2022


All Time Low

$ 0.000215

21 Feb 2024

Trending USDEX Fiat Pairs

What is USDEX (USDEX)?

USDEX is the native token of the Money Market protocol with built-in stability mechanism that aims to maintain USDEX’s peg of 1 USDEX = 1 USDC. USDEX token is designed to be used as a medium of exchange.

Dex Money Market is an algorithmic reserve protocol with multi step auto-compounded strategies and ETF rewards. Dex Money Market protocol offers a single regulatory mechanism and protocol owned liquidity. Dex Finance uses only one regulation staking pool. In this system, the price of the peg token is regulated by smart contracts, not investors. The protocol’s underlying mechanism dynamically buys and sells the supply of USDEX, pushing its price up or down relative to the price of USDC.

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