About Hex Trust USD
USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains. Issued by Hex Trust issuance arm, HT Digital Asset, USDX brings a credible and reliable mediums of exchange to facilitate transactions across blockchain ecosystems. USDX is the perfect complement to Hex Trust’s vision: securing the permissionless future by building responsible digital asset solutions. What is the distribution model of USDX? USDX is distributed through a process known as minting. When Authorised Merchants deposit USD into the designated account, an equivalent amount of USDX is minted and sent to their digital wallet. What is the ratio between USD and USDX? For every USDX minted, there is at least 1 USD or an asset of equivalent fair value kept in reserve. What is the utility of the USDX token? Beyond being a stable store of value, USDX can be used in a variety of digital economy applications, from payments and settlement to smart contract interactions.
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Trading Insights
Searched
1
Market Stats
Market Cap
$31.77M
-2.02%
FDV
Not enough data
Circ. Supply
33M USDX
Max Supply
Not enough data
Total Supply
33M USDX
Diluted Valuation
$31.90M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$2.09K
-36.23%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$1.00
Price Change (1Y)
-4.16%
Additional info about Hex Trust USD
Recent trends
The latest USDX price is $0.97. Compared to Hex Trust USD's value of $1.00 from 24 hours ago, there's been a -2% decrease, while the current price is -3% down from $1.00 which was recorded one week ago. Hex Trust USD's all time high is $1.00, which was reached on June 12, 2025. This is a -3% change from its price today.
The market cap is currently $31.77M, which is a result of multiplying the current price of Hex Trust USD($0.97) by the total supply(32,698,867 USDX).
Market details
USDX vs markets
↘ 28.73%
USDX vs BTC
↘ 39.89%
USDX vs ETH
↗ 31.61%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x7A486F809c952a6f8dEc8cb0Ff68173F2B8ED56c | |
Songbird | 0x4a771cc1a39fdd8aa08b8ea51f7fd412e73b3d2b |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.97 | ↘ 2.38% |
1 Day | $1.00 | ↘ 2.38% |
1 Week | $1.00 | ↘ 2.55% |
1 Month | $1.01 | ↘ 2.54% |
1 Year | $1.01 | ↘ 4.16% |
FAQ
We update our Hex Trust USD to USD currency in real-time. Get the live price of Hex Trust USD on Coinbase.
The current market cap of Hex Trust USD is $31.77M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Hex Trust USD is $1.00. This all-time high is highest price paid for Hex Trust USD since it was launched.
Over the last 24 hours, the trading volume of Hex Trust USD is $2.09K.
Assets that have a similar market cap to Hex Trust USD include Levi, Seed, Papi, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Hex Trust USD is 33 million.
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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