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UXD
UXD
Decentralized CDPs

UXD

UXD Protocol is a decentralized stablecoin on Solana backed by delta-neutral derivatives positions.

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What is UXD?

UXD Protocol issues UXD, a Solana-native stablecoin backed entirely by delta-neutral perpetual futures positions rather than over-collateralized debt. The design captures funding-rate yield from underlying derivatives venues and passes it back to UXD holders and stakers. UXD is one of the longer-running stablecoin experiments on Solana with a track record of holding peg through several market cycles.

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Developer resources from Alchemy

App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

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