Stables Labs USDX

Today's state: Stables Labs USDX is trading at $0.007633 with a $0.0 billion market capitalization (rank #1519). The price moved -1.28% over the past 24 hours and is -8.55% over 7 days; the 30-day move stands at -46.11% and the 90-day at +0.00%. Both long-term and short-term horizons are pointing the same direction down — historically the regime where forced selling and capitulation are most likely to be in their later stages.

Position vs cycle: A drawdown of more than 70% from the last cycle high puts the asset firmly in deep-bear territory, where recoveries have historically required a fresh demand catalyst rather than mere mean-reversion.

Volatility and structure: 30-day realized volatility of —% annualized is not currently computable for an asset this size. Our composite multi-horizon Price Strength reads Neutral (49/100), with a mixed multi-horizon profile and no clear directional bias.

Stables Labs USDX (USDX) is a stablecoin pegged to a reference asset, designed to keep its market value stable. It trades at $0.007633 as of the latest update, with a 24-hour move down 1.28%, placing it at rank #1509 by market capitalisation among all listed digital assets. Stables Labs USDX's current market cap stands at $5.23M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Stables Labs USDX across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Stables Labs USDX is a US-dollar-pegged stablecoin issued by a centralized issuer and used primarily as on-chain dollar liquidity. Stablecoins are the largest single category of crypto activity by transaction volume — the rails on which most exchange trading, DeFi lending, and cross-border payments actually settle.

Unlike volatile crypto assets, USDX does not derive its value from speculation. Its value tracks the US dollar, and what differentiates it from competitors is the reserve composition, regulatory standing, transparency, and breadth of integrations across exchanges and DeFi protocols.

USDX circulates across multiple blockchains — primarily Ethereum, but increasingly Solana, Tron, Arbitrum, Base, and Polygon. The supply on each chain reflects where on-chain dollar activity is most economically attractive.

Stables Labs USDX currently ranks #1519 by market capitalisation, making it a smaller-cap asset outside the top 250. It currently trades about 99% below its all-time high of $1.06 set in December 2024.

Stables Labs USDX (USDX) is a stablecoin — a token whose value is pegged to the US dollar, not discovered through open-market price action. Each token is intended to be redeemable for one US dollar by the issuer, and the peg holds because of the issuer's commitment to honor redemptions at par.

USDX is issued by a centralized issuer and backed by fiat reserves. The issuer publishes periodic attestations of reserves, which is the primary check on whether the peg is structurally sound. On-chain, every USDX token in circulation should correspond to a dollar of reserve held off-chain (or, in the case of decentralized stablecoins, a basket of crypto collateral provably exceeding 100% of circulating value).

The metric that matters for USDX is not "price" but peg stability. Day-to-day moves above or below $1.00 are typically within ±0.1% and reflect liquidity conditions, exchange premiums, or temporary demand-supply imbalances — not a fundamental change in value.

Stables Labs USDX currently ranks #1519 by market capitalisation, making it a smaller-cap asset outside the top 250. It currently trades about 99% below its all-time high of $1.06 set in December 2024.

USDX is used wherever on-chain US-dollar liquidity is needed:

• Trading. Most centralized exchange volume is quoted in stablecoins, not BTC or USD. Stablecoins are the standard quote currency for crypto trading pairs.
• DeFi collateral and lending. Stablecoins are the dominant collateral type in lending protocols (Aave, Compound) and the asset most commonly borrowed against volatile crypto positions.
• Cross-border payments and remittances. Sending stablecoins across borders is faster and cheaper than wire transfers, especially in regions with restricted banking access.
• Yield generation. Holders can earn yield by lending stablecoins on DeFi protocols, by depositing them into yield-bearing vaults, or by holding interest-bearing variants where available.
• Treasury management. Crypto-native businesses and DAOs hold operational reserves in stablecoins to avoid mark-to-market volatility.
• Inflation hedging in emerging markets. In countries with high local-currency inflation, stablecoins are increasingly held as a dollar-denominated savings vehicle.

Stables Labs USDX's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation.

For thesis-building, the relevant question is whether the structural value accrual mechanism (fee burns, staking yield reinvestment, deflationary supply mechanics, ecosystem TVL growth) outpaces the structural emission pressure. When it does, the price tends to grind higher over multi-quarter windows even without speculative momentum; when it does not, the asset typically requires consistent narrative-driven demand to absorb the issuance.

The macro picture for digital assets turns on three levers — Federal Reserve policy, the path of dollar liquidity, and broad risk sentiment. Historically the whole asset class has tracked the global liquidity cycle closely, expanding in easing regimes and contracting when financial conditions tighten.

Several traditional markets serve as useful cross-checks: a strong dollar (DXY) has tended to weigh on crypto; rising 10-year Treasury yields raise the cost of holding risk; gold occasionally trades as a parallel hard-money hedge; and US equities frequently move in sympathy with crypto when the driver is liquidity rather than fundamentals.

For Stables Labs USDX specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, USDX tends to follow; when they contract, the relationship typically reverses.

Risks specific to stablecoins differ fundamentally from risks of volatile crypto assets:

• Issuer risk. The peg depends on the issuer's solvency and willingness to honor redemptions. An issuer collapse can be catastrophic — historical depegs (USDC in March 2023 around the Silicon Valley Bank failure, UST in May 2022) illustrate the speed at which trust can evaporate.
• Banking risk. Reserves held at traditional banks are exposed to the banks' solvency. The USDC depeg in 2023 was the direct consequence of SVB exposure.
• Regulatory risk. Stablecoin regulation is actively evolving (GENIUS Act in the US, MiCA in the EU). Changes in regulatory treatment can affect availability, redemption terms, or even legitimacy.
• Smart contract risk. On-chain, the token contract itself could be exploited. The freeze functions some stablecoins include can also be used against individual holders if requested by authorities.
• Peg deviation risk. Even fundamentally sound stablecoins can deviate from $1.00 during liquidity shocks. The deviation is usually short-lived but can cause real losses for users who transact during the window.
• Centralization. Most major stablecoins are issued by centralized entities and can comply with sanctions, freeze addresses, or be subject to regulatory orders.