USX (USX)
CryptoScore Pro global score : 63/100 (computed on 2026-10-28)
USX is a Solana-based stablecoin designed to function as a 1:1 pegged asset to the US dollar, operating within the Solana ecosystem to address liquidity, transaction efficiency, and cost barriers for users and developers. Launched on August 1, 2026, USX is positioned as a native stablecoin for Solana, leveraging the blockchain’s high throughput and low fees to facilitate seamless cross-border transactions, DeFi integrations, and institutional adoption. Unlike traditional stablecoins like USDC or USDT, which rely on overcollateralization or fiat reserves, USX’s design appears to prioritize algorithmic stability mechanisms tied to Solana’s native infrastructure, though its exact collateralization model remains undocumented. This positioning is critical in a market where Solana’s dominance in DeFi and NFTs demands a stable asset that aligns with its performance characteristics—speed, scalability, and developer-friendly tooling. However, the absence of a transparent whitepaper or public audit raises immediate questions about its resilience during market stress, a gap that could undermine trust in its peg stability. Technologically, USX is deployed on Solana’s mainnet via the verified…
Scores by pillar
| Technology | 50/100 |
|---|---|
| Tokenomics | 61/100 |
| Team | 51/100 |
| Adoption | 85/100 |
| Liquidity | 46/100 |
| Compliance | 72/100 |
Market data
| Price | $0.9989 |
|---|---|
| Market cap | $201.60M |
| 24h volume | $257,548.00 |
| Market cap rank | #217 |
| 24h change | +0.03% |
| 7d change | -0.03% |
| Blockchain | Solana |
| Sector | Stablecoin |
Analysis
The USX asset was created to optimize liquidity on Solana, a high-performance blockchain. It uses an algorithmic stability mechanism to maintain its peg to the dollar. The protocol is deployed on the Solana mainnet.