Market cap
$804.46K
Volume (24h)
$0.1
Circulating supply
4,125,300,932 UXP
Total supply
7,000,000,000 UXP
Max. supply
10,000,000,000 UXP
UXD Protocol Token (UXP)
$ 0.00
Main info
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Key data
updated $0Market cap$804.46K
Volume 24h$0.1
Circulating supply4.13B41% of max 10B
UXD Protocol Token (ticker: UXP) is the governance token of UXD Protocol, a decentralized stablecoin project built on Solana. The protocol issues a stablecoin designed to hold a steady value, while UXP lets holders vote on how the platform is run. In short, it's the protocol's management coin, separate from the stablecoin it helps govern.
Frequently asked questions
What is UXP, and how is it different from the UXD stablecoin?
UXP is the governance token of UXD Protocol, while UXD is the stablecoin the protocol issues. UXP holders vote on protocol decisions and upgrades, whereas UXD is designed to track the value of the US dollar. One is for managing the platform, the other for stable-value transfers.
How does UXD Protocol work, and what consensus secures it?
UXD Protocol backs its stablecoin with a delta-neutral position: it holds spot crypto assets and shorts the same amount through perpetual futures, so price moves largely cancel each other out. UXP itself doesn't run its own blockchain — it's an SPL token on Solana, which secures the network with Proof of Stake combined with Proof of History.
How is UXP emission structured?
UXP was launched with a fixed maximum supply, so no tokens can be minted beyond that cap. The supply is allocated across community distribution, team and investor tranches with vesting periods, and ecosystem incentives. Emission is therefore predetermined rather than open-ended inflation.
How can I store and use UXP?
As an SPL token, UXP works with any Solana-compatible wallet, such as Phantom or Solflare, as well as hardware wallets that support Solana. Its main use is governance — voting on protocol parameters and upgrades. Always verify the official token contract address before receiving UXP.