Axis launches synthetic dollar USDx and completes initial minting
Foresight News reports that quantitative yield protocol Axis has announced the launch of the synthetic dollar USDx and has completed the first minting of USDx, amounting to 10 million US dollars. It is currently in a private testing phase. After minting, USDx was deployed into Axis's market-neutral arbitrage engine, covering more than 40 trading venues, serving to provide liquidity and capture market spread opportunities.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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