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.