USX

USX is a decentralized, yield-bearing stablecoin native to the dForce ecosystem, designed for cross-chain utility and composability. It plays a central role in dForce’s DeFi protocols and serves as a core collateral and settlement asset within Unitus Lending.

Key features of USX:

• Fully Decentralized & Overcollateralized

  USX is minted by overcollateralizing approved crypto assets through dForce or Unitus Lending, ensuring robust backing and security.

• Omnichain Support via LayerZero

  USX is issued as an OFT (Omnichain Fungible Token), enabling seamless cross-chain transfers and liquidity across multiple blockchains like Ethereum, Arbitrum, Optimism, and BNB Chain.

• sUSX: Yield-Bearing Version of USX

  sUSX is the staked version of USX that automatically accrues protocol-generated yield. Users can convert USX into sUSX to earn passive income, while sUSX remains composable in DeFi strategies (e.g., as collateral or LP)

• Key Utility in DeFi

  USX is deeply integrated within lending markets (as both collateral and borrowing asset), liquidity pools, and various dApps across the dForce and Unitus ecosystems.

• Stability Mechanisms

  USX maintains its peg through market arbitrage, multi-asset collateral backing, and its integration in lending protocols, ensuring balanced minting and redemption dynamics.