Hex Trust USD

Hex Trust USD

USDX #2222
B 57% Stablecoin Watch

Project Safety Score: 57%

Updated 2 hours, 55 minutes ago
Hex Trust USDUSDX
Market Cap$2070005
24hr Volume$83344
24hr Change0.0%
Price$0.9992445071140952
Coverage: 1 bucket · 100% resolved
Scoring rubric: Stablecoin - scored on peg stability (placeholder)
Peg Stability
57 B
100% · medium

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USDX Hex Trust USD Details
StablecoinsEthereum EcosystemFlare Network EcosystemSongbird EcosystemFiat-backed Stablecoin

USDX is pegged to the USD and is fully backed by at least a 1:1 amount of cash and cash-equivalent reserves. It is issued by Hex Trust through its issuance arm, HT Digital Asset, and is available on multiple blockchains. The token aims to provide a reliable medium of exchange for transactions within blockchain ecosystems.

The distribution of USDX occurs through a minting process where Authorized Merchants deposit USD into a designated account, resulting in an equivalent amount of USDX being minted. USDX serves multiple purposes, functioning not only as a stable store of value but also enabling various applications within the digital economy, including payments, settlements, and smart contract interactions.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Price Chart

Contract Security

ethereum · 0xf8750b54d86be7ae9e32b4a0c826811198d63313
Open source
Not honeypot
Non-mintable
Ownership locked
Non-pausable
No blacklist
Visible owner
Fixed slippage
Source: GoPlus Security

On-Chain Facts

Total Holders
83
Top 10 Hold
99.9%
Top 50: 100.0%
Top Holders
  • 0xe3ff7ccf609082bda… 42.64%
  • 0x86a491942f591eb5c… 28.95%
  • 0xa375c9f0812d17ea0… 15.62%
  • 0xf6266e3993eb30820… 6.45%
  • 0xe524095b87ec4ba93… 5.25%
  • 0xcebc404b9a00e5106… 0.55%
  • 0xa9d2f92b7dedf7da1… 0.41%
  • 0xdd4297decce33fda7… 0.05%
  • 0x000000000004444c5… 0.01%
  • 0x47da26bac11222b08… 0.01%
Source: ethplorer

View on Chain

Songbird Flare Network Ethereum · Etherscan
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71%
Profile Status
Data completeness
Some data missing
Medium confidence

Market Stats

All-Time High$1.34
All-Time Low$0.0303
Circulating2072335
Total Supply29359619

Recent News

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general 2 sources 1 year, 5 months ago

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