dForce USD (USX) stablecoin analytics
USX is dForce's CDP-style stablecoin currently trading at a deep discount to USD, reflecting legacy debt on the dForce/Unitus lending protocol.
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?
Pharos does not mark USX as absolutely safe. Static metadata says dForce USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that freeze exposure is inherited through upstream collateral, custody, or wrapper dependencies. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Next Actions
Exact bot target: /subscribe dews,depeg,safety usx-dforce
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated May 15, 2026.
USX quick answers
What is dForce USD (USX)?
USX is dForce's CDP-style stablecoin currently trading at a deep discount to USD, reflecting legacy debt on the dForce/Unitus lending protocol. 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
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: live reserve feed configured.
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. Live freeze and blacklist events for USX, when applicable, appear in the dossier below.