What Hex Trust USD is designed to do
Hex Trust USD (USDX) is a fiat-backed stablecoin, currently ranked 376th by market capitalization among the assets we track. Unlike volatile crypto assets, Hex Trust USD targets a fixed value backed by off-chain reserves. Holders use it to park value, settle trades, and move money — its entire value proposition is that it does not move.
Hex Trust USD (USDX) is a digital stablecoin designed to maintain a stable value against the US dollar, providing a reliable means for transactions within the cryptocurrency ecosystem. It aims to facilitate seamless and efficient digital asset management for users.
How the peg is meant to hold
A fiat-backed stablecoin holds its peg through redemption: if USDX trades below its target, arbitrageurs buy it cheap and redeem at par, and vice versa. That arbitrage only works if redemption is real and reserves are sufficient.
Background & fundamentals
In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20), Recently Added, and Stablecoin.
Where Hex Trust USD sits in the market
With USDX near $0.9992, Hex Trust USD carries a market capitalization of $45.98M. Around $53.19K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.12% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Hex Trust USD carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. At the current $0.9992, USDX sits essentially at its record high — the riskier end of the range for fresh entries. Measured from its all-time low of $0.2000, USDX is up +400%.
What the price history shows
Across timeframes, USDX shows 7-day +0.99%, 30-day +32.97%, 1-year +52.12%. USDX sits near the top of its 366-day range (about the 100th percentile of recent closes), so it is closer to local resistance than support.
Volatility profile
Recent action puts Hex Trust USD in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets. Over the last 30 days the move totals +32.97%, a useful input for stop placement and position sizing.
How to evaluate a stablecoin like Hex Trust USD
For an asset of this type, three lenses matter most:
- Reserve quality — what backs USDX — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
