Aesyx DollarPrice(AXD)
Details Aesyx Dollar (AXD) Price information (USD)
The current real-time price of AXD is $1.003. In the past 24 hours, AXD has traded between $1.003 and $1.004, showing strong market activity. The all-time high of AXD is $1.072, and the all-time low is $0.9528.
From a short-term perspective, the price change of AXD over the past 1 hour is
Aesyx Dollar (AXD) Market Information
Aesyx Dollar (AXD) Today's Price
The live price of AXD today is $1.003, with a current market cap of $39,964.58. The 24-hour trading volume is 1.027. The price of AXD to USD is updated in real time.
Aesyx Dollar (AXD) Price History (USD)
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What is AESYX DOLLAR (AXD)?
When is the right time to buy AXD? Should I buy or sell AXD now?
Before deciding whether to buy or sell AXD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s AXD technical analysis can provide you with trading references.
Future price trend of AXD
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for AXD.
How much will AXD be worth tomorrow, next week, or next month in ? What about your AXD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! AXD Price Prediction
How to buy AESYX DOLLAR (AXD)
Convert AXD to local currency
AXD Resources
To learn more about AXD, consider exploring other resources such as the whitepaper, official website, and other published information:
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AESYX DOLLAR (AXD) FAQ
What is the Aesyx Dollar (AXD)?
The Aesyx Dollar (AXD) is a decentralized, over-collateralized synthetic dollar built on the Avalanche network. As an optimized fork of Liquity V2, it allows users to mint stable synthetic assets by depositing major collateral types like sAVAX or BTC.b. AXD is designed to maintain a value close to one dollar, offering a reliable tool for decentralized finance activities while benefiting from immutable smart contracts and on-chain transparency.
How can users earn rewards or points through the Aesyx protocol?
Users can participate in the protocol's ongoing incentive program by interacting with its core features. Points are earned by borrowing AXD, depositing assets into Stability Pools, and providing liquidity across the ecosystem. These points are intended to determine future rewards during upcoming protocol events, incentivizing early adoption and active participation in securing the system’s stability.
How does the "User-Set Interest Rate" mechanism work?
Unlike traditional lending platforms that use governance or automated curves, Aesyx allows users to set their own interest rates. This individual control creates a unique strategic layer: a higher interest rate provides better protection against your collateral being redeemed by other users, while a lower rate makes your debt more cost-efficient. This ensures a flexible and market-driven approach to borrowing.
What happens if a user's position is liquidated?
If the collateral ratio of a position falls below the protocol's minimum requirement, the collateral is liquidated to ensure the debt is covered. During this process, the collateral is distributed to Stability Pool stakers at a discount. This mechanism serves as a reward for those who provide the necessary liquidity to maintain the protocol's solvency and secure the AXD peg.
How does AXD maintain its stability at one dollar?
The protocol utilizes a Direct Redemption Mechanism to maintain its peg. Users have the right to redeem 1 AXD for exactly one dollar's worth of underlying collateral at any time, minus a small fee. This creates a functional arbitrage floor; if AXD is valued below its target, market participants can buy it and redeem it for higher-value collateral, effectively pushing the price back toward one dollar.
Where can users trade and manage AXD tokens?
AXD is available for trading on LBank, providing a secure and professional environment for managing your holdings. Users can also find liquidity in decentralized pools on the Avalanche network, such as Blackhole V3. By utilizing LBank, traders gain access to the AXD ecosystem alongside a wide range of other major assets, supported by robust exchange infrastructure.
