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Tag: #axis · 1 posts
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Posted Apr 9
🚀 Axis Launches Synthetic Dollar USDx in Private Testing Phase Axis, a quantitative yield protocol, has announced the introduction of its synthetic dollar, USDx, and completed its initial minting valued at $10 million. According to Foresight News, the USDx is currently in the private testing phase. Following the minting process, USDx has been deployed to Axis's market-neutral arbitrage engine, which spans over 40 trading venues. This deployment aims to provide liquidity and capture market spread opportunities. #Axis#SyntheticDollar#USDx#PrivateTesting#QuantitativeYield#Arbitrage#MarketNeutral#Liquidity#Trading#ForesightNews
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