USDEX Is an algorithmic stable coin with a built-in stability mechanism that aims to maintain USDEX’s peg to 1 USDC token. As part of a multi-token token system it is designed to be used as a medium of exchange within the Dex Money Market protocol.

Dex Money Market is an algorithmic reserve protocol with multi step auto-compounded strategies and ETF rewards. Our protocol offers a single regulatory mechanism and protocol owned liquidity. The Money Market consists of three corresponding tokens – USDEX, dexSHARES and dexETF.

Inspired by precursive projects before us (Tomb Finance, Olympus DAO, Balancer, Beefy Finance) we have developed a truly unique multi-token protocol that empowers users by simplifying the advanced trading strategies employed by experienced investors and promotes growth through a low-risk algorithmic trading model.

Money Market operates on a three token system designed to work in harmony with one another. Our protocol uses advanced tokenomics to accomplish three primary objectives.

Maintain the price of the peg token without putting investors at risk. Allow less experienced investors to participate in high yield farming. Prevent mercenary yield farmers from pillaging liquidity pools.

After presale the only new supply of USDEX going into circulation comes from the regulation pool (boardroom).

In the traditional model, these tokens would be dispersed to boardroom stakers immediately every epoch based upon the TWAP.

In our model, the stakers do not receive USDEX. Instead the protocol takes in all of the newly minted USDEX and then only sells enough to bring it back to peg.

Once the protocol sells the correct amount of USDEX, those tokens (which are now counted within the circulating supply) can be bought or sold – so the protocol never sells (or puts into circulation) more than the treasury can buy back at the peg price.

The profits from the sale of those USDEX tokens are then converted to dexETF tokens and redistributed back to dexSHARE stakers. If these stakers decide they want to sell those rewards at this point they can do so all they want as this has no impact on the price of the peg token.

The Money Market protocol controls the supply of peg tokens by only selling when the price is optimally above peg and only selling an amount that can be covered by treasury backed assets so the USDEX that was previously sold can be bought back if needed.

USDEX is available for trading on decentralized exchanges such as PancakeSwap.

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

The all-time high of USDEX was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of USDEX (USDEX) is 0. The current price of USDEX is down 0% from its all-time high.

As of , there is currently 0 USDEX in circulation. USDEX has a maximum supply of 0.

The current market cap of USDEX is 0. It is calculated by multiplying the current supply of USDEX by its real-time market price of 0.000592848617.

The all-time low of USDEX was 0 , from which the coin is now up 0%. The all-time low price of USDEX (USDEX) is 0. The current price of USDEX is up 0% from its all-time low.

USDEX (USDEX) has a market capitalization of $0 and is ranked #4687 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze USDEX (USDEX) price trends and patterns to find the best time to purchase USDEX.