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Performance ranking of USDX among new stablecoins by end of 2024
5
Resolution / Starting Odds
Top performer • 33%
Average performer • 34%
Below average performer • 33%
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Clearpool Launches Yield Vault for 1:1 Backed USDX Stablecoin with FLR Incentives
May 21, 2024, 09:07 AM
Clearpool has announced the launch of a yield vault for Hex Trust's new stablecoin USDX on Flare Networks. The dedicated T-Pool allows USDX to be staked to earn real-world yield along with bonus FLR incentives. Hex Trust, a Hong Kong-based digital asset custodian, has issued USDX, which is the first native 1:1 backed USD stablecoin on Flare Networks. In partnership with Clearpool, USDX stakers can earn real-world yield with cUSDX. The partnership between Clearpool, Hex Trust, and Flare Networks aims to provide significant benefits to USDX holders. The launch is also supported by CPOOL.
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Stablecoin value increases • 33%
Stablecoin value remains stable • 34%
Stablecoin value decreases • 33%
Top 1 • 20%
Top 2 • 20%
Top 3 • 20%
Top 4 • 20%
Top 5 • 20%
Top 5 performer • 25%
Top 10 performer • 25%
Top 20 performer • 25%
Below Top 20 • 25%
Top performer • 25%
Average performer • 25%
Below average performer • 25%
Worst performer • 25%
Increase in other stablecoins volume • 33%
Decrease in other stablecoins volume • 33%
No significant change • 34%
USDC • 33%
USDT • 33%
Other stablecoin • 34%
Bitcoin outperforms all • 25%
Ethereum outperforms Bitcoin • 25%
Binance Coin outperforms Bitcoin • 25%
Other cryptocurrency outperforms Bitcoin • 25%
Most used stablecoin • 25%
Second most used stablecoin • 25%
Third most used stablecoin • 25%
Outside top three • 25%