Market CapTotal Cryptocurrency Market Capitalization
$2.29T
0.68%
24h Vol.24 Hour Total Trading Volume
$74.18B
Dom.Bitcoin Market Dominance Percentage
56.31%
BTCBitcoin Current Live Price
$64,194.00
0.83%
ETHEthereum Current Live Price
$1,729.91
0.80%
ETH GasEthereum Network Gas Fees in Gwei
Low
Avarage
High
Data by Etherscan
Fear & GreedCryptocurrency Market Fear and Greed Index
20
USDX USDX Logo

USDX USDX Social Audit & Trust Score

$0.6870 2.51%
Low All Time High
$0.1002 585% 82.34% $3.89

Overview

USDX is an algorithmic stablecoin pegged 1:1 to the U.S. dollar, integral to the Kava DeFi protocol, allowing users to borrow and lend digital assets. More

OG Score 12.68
Reviews 5
Market cap $76.57M
Market cap Rank #322

Market Data & Token Stats

Fully Diluted Valuation $76.57M
24H Trading Volume $8,121
24H Low / High $0.6622 / $0.6877
Circulating Supply 111.57M
Total Supply 111.57M
Max Supply

Market Health Signals

Vol / MC Ratio 0.01% Very Low

Key Project Information

Categories Stablecoins 3 more
Founder Brian Kerr 2 more
Website kava.io
Chains Osmosis Ecosystem
Explorer Mintscan 1 more
Contracts USDX ibc/C....790AE

USDX/USD Live Price Chart

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$USDX Community Sentiment

USDX Social Audit & Score Breakdown

OG Score

Community based score. Not financial advice.
OG Score Rank #1143/1351
Reviews 5
Gem Score N/A

OGAudit Coin Evaluation Metrics

Innovation 18 .12
Innovation Evaluates whether the project introduces a unique and practical solution with clear, verifiable advantages over existing alternatives, and whether the innovation has the potential to deliver measurable real-world impact beyond marketing claims.
Security 12 .56
Security Assesses the robustness of smart contract and protocol code security, including the availability, quality, and recency of audit reports. Beyond code, it evaluates overall project legitimacy by analyzing centralization risks, liquidity locks, and the likelihood of malicious behavior such as rug pulls.
Community 9 .16
Community Measures how actively the team engages and informs its community and whether governance decisions are transparent and involve on-chain voting. It also assesses whether growth is driven by genuine user interest and product adoption, rather than hype, or bot-driven activity.
Tokenomics 10 .06
Tokenomics Assesses the token's utility, distribution, and economic sustainability. It evaluates the project's revenue model, value accrual for holders, and market health metrics such as liquidity depth, volume, and the protocol TVL (Total Value Locked).
Team 13 .90
Team Evaluates the experience and credibility of the team. It also assesses partners and backers, examining whether they can meaningfully support long-term development and whether the team has sufficient resources to execute its roadmap.
Roadmap 12 .26
Roadmap Assesses the transparency and clarity of the project’s strategic roadmap. It goes beyond stated milestones by cross-referencing them with actual developer activity and releases to evaluate consistent delivery, real impact, and alignment with evolving market conditions.
How is this score calculated? [Coin Rating Methodology]

USDX (usdx) Verified Crypto OG Reviews

Is USDX safe or a scam? Read verified Crypto OG reviews about USDX

Only Verified Crypto OGs Can Rate and Review
JawadWeb3
JawadWeb3 18 Jun 2026 - 08:33 0xFd6...A6fc2
OG Score 14.17

USDX looks less like a stablecoin market and more like a confidence market, its survival depends on whether traders still believe the stabilization mechanism can function during periods of stress not on natural demand for the token itself.
Looking at the loss of the peg and the weak trading activity that followed, liquidity appears to have disappeared much faster than supply, Stablecoins rarely break because supply exists, they break when confidence and arbitrage capital stop showing up when the system needs them most.
That creates a difficult cycle, lower confidence reduces liquidity, weaker liquidity makes recovery harder and the lack of recovery pushes even more participants away, the strongest argument for USDX is that trust can eventually be rebuilt the strongest argument against it is that confidence itself has become the primary support holding the market together, once a stablecoin depends more on belief than on active stabilization, every recovery attempt becomes significantly harder than the last.

USDX $0.7017 Gem Score: N/A
praiz
praiz 17 Jun 2026 - 15:14 0x6e8...58f42
OG Score 5.37

USDX is a reminder that not every stablecoin stays stable. Designed to maintain a 1:1 peg with the US dollar, the asset is currently trading around $0.71, a huge discount for something that's supposed to be worth exactly $1.
The root problem is its collateral model. Unlike fiat-backed stablecoins, USDX depends on crypto assets such as KAVA to support its value. When those assets fall sharply, the system can struggle to maintain adequate backing, putting pressure on the peg.
Liquidity isn't helping either. Daily trading volume frequently falls below $10,000, making it difficult for larger holders to exit without causing additional slippage. With roughly 112 million USDX still in circulation, the stablecoin remains exposed to both liquidity and confidence risks.
For a stablecoin, trust is everything. When an asset meant to trade at $1.00 spends extended periods around $0.71, investors need to ask whether the recovery mechanism is strong enough to restore confidence.

 

USDX $0.7113 Gem Score: N/A
aabashweb3
aabashweb3 19 Apr 2026 - 15:26 0x8d3...061b3
OG Score 17.12

USDX is a sinking ship masquerading as a stablecoin. Calling it stable is a joke when it behaves like a volatile altcoin every time the wind blows. The peg is absolute glass, and I’ve seen better reliability from literal meme coins. Kava can keep patching the hull, but the trust is already at the bottom of the ocean. Avoid this wreckage. This is altcoin not stablecoin

USDX $0.5804 Gem Score: N/A
Decypher
Decypher 26 Mar 2026 - 13:30 0xd59...b2708
OG Score 7.67

$USDX hits me with pure warning energy. The people in charge straight up disappeared. It's stuck in silence with nothing fixing it. I stay far away because this project feels completely finished. 🪦 https://beosin.com/resources/analysis-of-the-stables-labs-usdx-collapse-incident-and-fund-flow-tracing

USDX $0.5294 Gem Score: N/A
Anti rug
Anti rug 25 Feb 2026 - 18:19 0xb47...1250d
OG Score 19.07

USDX is a Broken Compass. While the Kava chain is a legitimate, audited powerhouse with a $1.5B TVL, its native stablecoin is a mathematical failure. A stablecoin at $0.55 is a danger zone that traps unsuspecting retail until the peg is restored, the technical merits of the chain cannot mask the financial ruin of the asset.

USDX $0.4532 Gem Score: N/A

$usdx Markets

Name Pair OG Score

About USDX

USDX is not just an ordinary stablecoin; it's the backbone of the Kava platform, a blockchain-based DeFi protocol designed to revolutionize lending, borrowing and various financial services. Let's delve into the key features and workings of USDX to better understand its role in the decentralized finance ecosystem.

Algorithmic Stability Pegged to USD

USDX is an algorithmic stablecoin, meticulously pegged 1:1 to the value of the U.S. dollar. Built on the Kava blockchain, this stablecoin forms a crucial element of the platform, enabling users to engage in borrowing and lending digital assets without relying on traditional financial intermediaries.

The Kava Platform and Two Tokens

Kava operates as a decentralized finance hub with two integral tokens. The native token, USDX, powers the blockchain, managing network governance, security and mechanical functions. On the other hand, USDX serves as the stablecoin, allowing users to lock digital assets on the platform and receive USDX in exchange.

Collateralized Lending with Cosmos Technology

The Kava platform facilitates collateralized lending through smart contracts on the Cosmos network. Users can deposit cryptocurrencies like BTC, BNB, XRP and others, receiving loans in USDX. The Cosmos technology, specifically the "zones" feature, helps manage the accepted collateral types.

To mint USDX, participants deposit digital assets, ensuring that the minted stablecoin is backed by over 100% USD value. Collateral ratios may vary based on the underlying asset due to market volatility. Higher collateral amounts reduce the risk of liquidation in unstable markets.

Comprehensive Rewards System

Kava sweetens the deal for participants through a rewards system. Users earn KAVA tokens by leveraging the platform to mint USDX, with rewards dependent on the type and amount of collateral deposited. Essentially, users can self-issue loans, earning rewards without the need for a counterparty or credit score.

Versatility of USDX [KAVA]

Beyond its role as a stable medium of exchange, USDX [KAVA] can be traded, sold and bought like any other stablecoin. Its versatility extends its use in various decentralized financial activities, contributing to the liquidity and efficiency of the Kava platform.

Where to Trade USDX [KAVA]

For those looking to trade USDX [KAVA], it's available on a range of Centralized Exchanges (CEXs) and Decentralized Exchanges (DEXs). AscendEX is a popular choice, offering high liquidity. However, the price of USDX may vary based on the chosen exchange and overall market conditions.

In conclusion, USDX [KAVA] plays a pivotal role in Kava's mission to reshape decentralized finance. As a stablecoin, it provides a reliable and efficient medium of exchange and as a part of the Kava platform, it opens up new possibilities for users seeking decentralized financial services.

Users engaging with the Kava platform and minting USDX are rewarded with KAVA tokens. Rewards are determined by factors such as the type and amount of collateral deposited and the overall USDX minted.

What is unique about USDX (USDX)?

USDX [KAVA] is a novel algorithmic stablecoin pegged 1:1 to the U.S. dollar, integrated within the Kava blockchain-based DeFi protocol. It stands out for its use of Cosmos technology, allowing collateral in various cryptocurrencies and offers a rewards system for users minting USDX.

Who are the founders of USDX (USDX)?

KAVA is the founder of USDX.

Who are the backers/investors of USDX (USDX)?

Kava labs.

Where can I buy USDX (USDX)?

You can buy USDX (USDX) on Kava Swap cryptocurrency exchanges.

Information in this section carefully collected and curated from publicly available data from official sources, including the USDX Official Website.

The information presented on this page is created and published by the OGAudit Editorial Team for educational and informational purposes. It should NOT be construed as an endorsement, or as legal, or investment advice. If you believe any content on this page is outdated or incorrect, please feel free to contact us for updates and corrections.

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