What is Axis USD (USDX)?
Axis is a quantitative yield protocol that issues USDx, a synthetic dollar backed by a market-neutral trading book. Returns come from closing price differences across venues, not from token emissions. sUSDx is the staked form that receives that yield. The operating company is Coordinate Labs Pte. Ltd. in Singapore.
Where can you buy Axis USD?
Axis USD (USDX) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for USDX sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for USDX. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.