dForce USD (USX) frozen stablecoin archive
USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route.
Static Profile
Static stablecoin profile
dForce USD (USX) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated May 15, 2026
dForce USD is an older multichain CDP-style stablecoin trading at a severe discount to the dollar, tracked as a depeg-risk reference rather than a healthy par dollar. dForce USD is an older multichain stablecoin with both stablecoin and overcollateralization protocol routes...
AI summary · drafted by claude-opus-4-7 · reviewed by @TokenBrice on May 15, 2026 · facts as of May 15, 2026
- Collateral
- dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes
- Peg Mechanism
- USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
Snippet Answer
Is USX safe?
dForce USD is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a CeFi-Dependent governance model, Crypto-Collateralized backing, curated reserve profile, and notes that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
Next Actions
This record preserves static and historical context; live actions are available only for active assets.
Source: checked-in StablecoinMeta profile fields. This inactive record does not participate in current live monitoring; the summary above was last updated May 15, 2026.
USX quick answers
What is dForce USD (USX)?
USX was dForce's CDP-style stablecoin, frozen in July 2026 after legacy dForce/Unitus debt left it near $0.39 with no credible par-redemption route. The static profile records its US Dollar peg mechanism as: USX is minted and redeemed through dForce/Unitus stablecoin and lending routes, with sUSX as a separate yield-bearing wrapper
Is USX safe?
dForce USD is a frozen Pharos archive, not a current safety endorsement. The archived static profile records a CeFi-Dependent governance model, Crypto-Collateralized backing, curated reserve profile, and notes that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies.
What backs USX?
Pharos classifies USX backing as Crypto-Collateralized. Collateral, per the static profile: dForce/Unitus stablecoin reserves and overcollateralized crypto positions; docs describe USDT, USDC, DAI and protocol collateral routes Reserve evidence: curated reserve profile.
Can USX be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. USX is a frozen Pharos archive; the recorded history below is read-only.