"USDX"

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The Emerging Synthetic USD Stablecoin USDX Explained
Intermediate

The Emerging Synthetic USD Stablecoin USDX Explained

USDX is an emerging synthetic dollar stablecoin protocol that adopts a multi-chain, multi-currency strategy, resulting in higher overall returns compared to various re-staking, LSD, and other yield methods or products. USDX has chosen a path where users can earn returns by holding stablecoins, with a risk curve distinct from existing market products, thereby avoiding the relatively crowded mainstream cryptocurrency yield strategies. It does not rely on traditional banking infrastructure and features censorship resistance, scalability, and high stability. Compared to current existing projects based on mainstream yet singular USD stablecoins like BTC, USDX aligns more closely with the concept of new crypto savings. It offers a savings tool based on multiple currencies that is available globally.
7/9/2024, 7:04:39 AM
Understanding the Emerging Synthetic USD Stablecoin USDX
Beginner

Understanding the Emerging Synthetic USD Stablecoin USDX

This article provides an introduction and explanation of USDX's features, a novel stablecoin project with viral potential similar to MEME coins. The project has completed its pre-launch goals and opened its DApp and leaderboard entry to users. More market updates are expected in the future.
7/24/2024, 10:30:27 AM
Funding Rate Origin
Intermediate

Funding Rate Origin

This article explores the evolution and significance of the funding rate in cryptocurrency derivatives markets, with an emphasis on its origins, mechanisms, and the arbitrage strategies it inspires. It highlights the "Golden Age" of funding rate arbitrage in Spring 2021, the subsequent decline due to market corrections, and the rebirth of these opportunities in 2024-2025 with the advent of innovative stablecoins like USDe and USDX.
12/25/2024, 2:36:30 AM
What is Kava? All You Need to Know About KAVA
Beginner

What is Kava? All You Need to Know About KAVA

Kava is an innovative decentralized finance (DeFi) project built on the well-known Cosmos blockchain. It enables users to lock up their cryptocurrency assets and borrow USDX, a stablecoin pegged to the U.S. dollar. Kava leverages Cosmos' sharding capabilities to manage supported crypto assets, including XRP, BNB, and BTC. Users can mint USDX by staking tokens and have the opportunity to earn KAVA token rewards. The launch of Kava AI marks a new phase in the integration of blockchain and AI, offering users advanced AI services. The upgrade of Kava Lend to version 2, deployed on the Ethereum Virtual Machine (EVM), introduces new partnerships and the integration of real-world assets, bringing new vitality and possibilities to the Kava ecosystem. Key features of the Kava network include seamless interoperability, optimized scalability, and a rapidly growing ecosystem.
11/1/2024, 3:42:53 PM
PSE Trading | Is the No-Liquidation Protocol a Ponzi scheme?
Beginner

PSE Trading | Is the No-Liquidation Protocol a Ponzi scheme?

This article introduces no-liquidation protocols and explores whether they are a Ponzi scheme.
1/25/2024, 9:11:47 AM
What is Kava Lend? All You Need to Know About HARD
Intermediate

What is Kava Lend? All You Need to Know About HARD

Kava Lend is a decentralized platform on Kava, enabling users to lend, borrow, and earn interest on crypto assets with cross-chain functionality.
6/20/2024, 1:33:47 AM
Gate Research: XRP Surpasses SOL as Third-Largest Crypto; Ethereum Spot ETF Sees 5 Days of Inflows
Advanced

Gate Research: XRP Surpasses SOL as Third-Largest Crypto; Ethereum Spot ETF Sees 5 Days of Inflows

Gate Research Daily Report (December 2): On December 2nd, the price of BTC rose by 0.69% in the past 24 hours, continuing its consolidation upward trend with moving averages in a bullish alignment. The Bitcoin ETF saw a net inflow of $320 million on November 29th, while the Ethereum ETF had a net inflow of $333 million. XRP's market capitalization has surged, surpassing USDT and SOL to become the third-largest cryptocurrency by market cap. The total value locked (TVL) in the Base network has reached $3.719 billion, indicating active trading and stable revenue generation on the platform. Over the past 24 hours, total contract liquidations amounted to $293 million, with XRP, BTC, and ETH leading in liquidation amounts. XRP had liquidations of $45.64 million, BTC followed with $41.43 million, and ETH saw $30.14 million in liquidations. Additionally, New York regulators are preparing to approve Ripple's RLUSD stablecoin, which could launch as early as December 4th, marking a significant step for Ripple in the stablecoin market.
12/2/2024, 3:08:33 PM
The Dilemma and Future of LSDFi in PSE Trading
Intermediate

The Dilemma and Future of LSDFi in PSE Trading

This article aims to clarify the current state of the LSDFi track by starting with data analysis and exploring the future direction of LSDFi through specific project analysis.
1/30/2024, 7:32:51 AM
What is Cosmos?
Intermediate

What is Cosmos?

Cosmos is a novel blockchain ecosystem composed of networks and tools. It is designed to address the interoperability issue of blockchain, thereby enabling cross-chain communication between different blockchains.
6/15/2023, 2:56:59 AM
Gate Research: BTC Breaks $100K Milestone, November Crypto Trading Volume Exceeds $10 Trillion For First Time
Advanced

Gate Research: BTC Breaks $100K Milestone, November Crypto Trading Volume Exceeds $10 Trillion For First Time

Gate Research Weekly Report: Bitcoin saw an upward trend this week, rising 8.39% to $100,550, breaking through $100,000 to reach a new all-time high. Support levels should be monitored for potential pullbacks. Over the past 7 days, ETH price increased by 6.16% to $3,852.58, currently in an upward channel with key breakthrough levels to watch. Grayscale has applied to convert its Solana Trust into a spot ETF. Bitcoin's new ATH coincided with surging Coinbase premiums, indicating strong buying power from U.S. market participants. Multiple projects secured funding this week across various sectors including infrastructure, totaling $103 million.
12/6/2024, 3:07:33 AM
How Does the US Dollar Index (DXY) Affect the Crypto Market?
Beginner

How Does the US Dollar Index (DXY) Affect the Crypto Market?

As one of the key macroeconomic indicators, the US Dollar Index (DXY) reflects the strength of the US dollar, but its fluctuations also have a series of cascading effects on global financial markets, including cryptocurrencies. This article will provide a comprehensive interpretation of the US Dollar Index, covering its basic concept, development history, influencing factors, and analyzing the relationship between the DXY and cryptocurrencies like Bitcoin. The goal is to offer valuable insights for crypto investors.
12/2/2024, 3:26:45 PM
Analysis of Interest-Bearing Stablecoin Protocols: Security Highlights and Regulatory Challenges
Advanced

Analysis of Interest-Bearing Stablecoin Protocols: Security Highlights and Regulatory Challenges

Stablecoins play a crucial role in crypto trading, payments, and savings. Over the past year, several notable stablecoin protocols have emerged, offering yields to holders through real-world U.S. Treasury bonds or hedging strategies. This article provides an analysis of these protocols, exploring their operational mechanisms, audit key points, and regulatory challenges.
12/20/2024, 2:26:41 AM
Emerging Layer 1 Blockchain: A Deep Dive into Mantle's Ecosystem – From Fundamentals to Ecosystem
Intermediate

Emerging Layer 1 Blockchain: A Deep Dive into Mantle's Ecosystem – From Fundamentals to Ecosystem

This article provides a comprehensive analysis of the Mantle project's rapid growth and technological innovation in the Layer 2 space. It delves into Mantle's tokenomics, ecosystem development, technical architecture, and market performance, highlighting its leading position in DeFi, GameFi, and liquid staking.
12/16/2024, 6:37:16 AM
My (e)thesis: settlement, data availability, execution — in that order.
Intermediate

My (e)thesis: settlement, data availability, execution — in that order.

As a DA layer, Ethereum provides a cheap and maximally trustless way for rollups to sacrifice decentralization to attract more users while ensuring the sovereignty of their user's assets.
10/10/2024, 6:26:07 PM
Bing Ventures: A Detailed Explanation of the Cosmos DeFi Panorama
Advanced

Bing Ventures: A Detailed Explanation of the Cosmos DeFi Panorama

This article provides a detailed introduction to relatively important projects in the Cosmos ecosystem.
1/31/2024, 6:36:46 AM

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