USX
USX Rank #189Price chart
What is USX?
Issuer and backing
Solstice Labs develops the protocol software. The Solstice Foundation supports governance, while Equinox Strategies manages the associated investment strategy. USX targets a one-dollar reference value. Its reserve framework combines cash, tokenized Treasuries and hedged crypto positions. Delta-neutral strategies offset market exposure rather than relying solely on the direction of crypto prices.
Minting and settlement
Approved participants mint USX against accepted collateral through the protocol's authorization process. Completed redemptions burn the returned tokens and release the corresponding collateral. Supply therefore follows minting and redemption activity rather than a mining schedule. Other users obtain and exchange USX through supported secondary markets. The token runs on Solana and can serve as settlement currency or collateral in integrated applications.
Yield and verification
USX itself does not automatically distribute the investment strategy's yield. The separate eUSX product gives eligible participants exposure to those returns. Its value and returns depend on the strategy and the applicable product terms. Solstice's reserve-verification framework includes continuous proof-of-solvency reporting. SLX is the ecosystem's separate governance token, so a USX balance does not itself confer governance votes.
Where to trade USX
3 exchanges · top 10
Live spot quotes from connected exchanges
USX funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.