Hex Trust USD

USDX Price

What is Hex Trust USD about?

Hex Trust USD (USDX) is a stablecoin designed to be pegged to the US dollar, fully backed by at least a 1:1 ratio of cash and cash-equivalent reserves. It operates across multiple blockchains and is issued by HT Digital Asset, the issuance arm of Hex Trust. USDX aims to provide a credible and reliable medium of exchange for transactions across various blockchain ecosystems, aligning with Hex Trust's vision of securing a permissionless future through responsible digital asset solutions.

What makes Hex Trust USD unique?

USDX stands out as a stablecoin that is fully backed by cash and cash-equivalent reserves, ensuring a stable store of value. Its availability on multiple blockchains enhances its versatility and usability across different digital ecosystems.

What is the history of Hex Trust USD?

USDX is issued by HT Digital Asset, the issuance arm of Hex Trust, a company focused on building responsible digital asset solutions. The history of USDX is tied to Hex Trust's broader mission of securing the permissionless future of digital assets.

What can Hex Trust USD be used for?

USDX offers utility beyond being a stable store of value. It can be used in various digital economy applications, including payments, settlements, and interactions with smart contracts, making it a versatile asset in the digital ecosystem.

Where can you buy Hex Trust USD?

USDX tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Hex Trust USD is Enosys V3 (Flare), where the most active trading pair USDX/USDT0 has a trading volume of $2.74 in the last 24 hours.

What is the daily trading volume of Hex Trust USD (USDX)?

The trading volume of Hex Trust USD (USDX) is $1.45 in the last 24 hours, representing a -47.20% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Hex Trust USD (USDX)?

Hex Trust USD (USDX) reached an all-time high of $1.34 and an all-time low of $0.5350. It’s now trading -26.40% below that peak and 84.70% above its lowest price.

What is the market cap of Hex Trust USD (USDX)?

Market capitalization of Hex Trust USD (USDX) is $22,648,741 and is ranked #847 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of USDX tokens (23 Million tokens are tradable on the market today).

What is the fully diluted valuation of Hex Trust USD (USDX)?

The fully diluted valuation (FDV) of Hex Trust USD (USDX) is $22,648,741. This is a statistical representation of the maximum market cap, assuming total number of 23 Million ETH tokens are in circulation today.

How does the price performance of Hex Trust USD compare against its peers?

With a price decline of -1.10% in the last 7 days, Hex Trust USD (USDX) is underperforming the global cryptocurrency market which is up 9.40%, while underperforming when compared to similar Stablecoins cryptocurrencies which are up 0.90%.

How to add Hex Trust USD (USDX) to MetaMask?

Adding Hex Trust USD (USDX) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import USDX as a token. You can copy USDX’s contract address (0xf8750b54d86be7ae9e32b4a0c826811198d63313) and import it manually, or if you've installed MetaMask's chrome extension, add USDX to MetaMask with one click on CoinGecko.

Add USDX to MetaMask.