Axis launches a synthetic U.S. dollar USDx, completing the first minting of $10 million

GateNews

2026-04-09 10:41:44

Gate News message: On April 9, quant yield protocol Axis announced it will launch a synthetic US dollar USDx and has completed its first minting, with a size of $10 million. It is currently in a private testing phase. After minting is completed, USDx will be deployed to Axis’s market-neutral arbitrage engine, covering more than 40 trading venues, to provide liquidity and capture opportunities from market price spreads.

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