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Record sog_st_kavausdx
USDX/Kava USDX
Also recorded as USDX, Kava USDX
- Lifecycle
- Active
- Issuance
- Protocol-based
- Reference target
- US dollar
- Primary organization
- KavaNo additional recorded relationship
- Launch
- 2020-06-10
- Redemption
- Protocol Based
- Backing
- Crypto-collateralized
- Stabilization
- Overcollateralized vault
- Last review
- 2026-06-29
- Evidence
- 4 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Kava-native U.S.-dollar stablecoin minted through overcollateralized Kava Mint debt positions, publicly launched with BNB collateral and still documented as an active Kava protocol asset.
| Name | Kava USDX |
|---|---|
| Symbol | USDX |
| Aliases | USDX, Kava USDX |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Protocol-based |
| Canonical record ID | sog_st_kavausdx |
| Route slug | kava-usdx |
| Record confidence | High |
| Last reviewed | 2026-06-29 |
- Name
- Kava USDX
- Symbol
- USDX
- Aliases
- USDX, Kava USDX
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Protocol-based
- Canonical record ID
sog_st_kavausdx- Route slug
kava-usdx- Record confidence
- High
- Last reviewed
- 2026-06-29
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 4 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 1 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 5 |
| Events | 1 |
Primary display is a navigation and summary choice only. It does not replace other organizations or imply sole legal responsibility, operational control, reserve custody, or historical continuity.
- Governance
- Protocol Governed
- Primary display organization
- Kava
- Primary display role
- Protocol operator
- Display selection mode
- Deterministic Policy
- Current relationships
- 1
- Ended relationships
- 0
- Unknown relationship state
- 0
- Freeze capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Blacklist capability
- 0 recorded yes · 0 recorded no · 1 not recorded
- Deployment control-event references
- 0
- Observed issuer-control events
- 0
- Relationship coverage
- 1 recorded relationship
| Organization | Organization category | Regulatory character | Jurisdiction | Role | Display priority | From | Until | Relationship status |
|---|---|---|---|---|---|---|---|---|
| Kava | Network or ecosystem | Protocol or decentralized system | Decentralized / Kava network ecosystem | Protocol operator | Primary display | 2020-06-10 | Not yet recorded | Active relationship |
Network or ecosystem
Primary displayKava
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Protocol or decentralized system
- Jurisdiction
- Decentralized / Kava network ecosystem
- From
- 2020-06-10
- Until
- Not recorded
Mechanism
How the asset works
Reference, backing, stabilization, exit, valuation, and yield remain separate facts.- Reference target
- US dollar
- Reference kind
- Fiat
- Comparison category
- US dollar
- Target value
- Not yet recorded
- Reference methodology
- USDX targets one U.S. dollar through Kava Mint collateralized debt positions.
- Public backing model
- Crypto-collateralized
- Canonical backing types
- Crypto Collateral
- Reserve component categories
- Crypto Collateral
- Primary stabilization mechanism
- Overcollateralized vault
- Recorded model description
- Overcollateralized Crypto Cdp
- Redemption / exit model
- Protocol Based
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Kava-native collateralized debt stablecoin with protocol repayment and burn mechanics.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Kava Mint approved crypto collateralCrypto Collateral · Exact current collateral composition and amounts are not asserted.
| Disclosure status | Onchain Protocol Transparency |
|---|---|
| Backing types | Crypto Collateral |
| Summary | USDX is generated against protocol-approved collateral held in Kava Mint positions. |
| As of | 2026-06-29 |
| Profile confidence | High |
- Disclosure status
- Onchain Protocol Transparency
- Backing types
- Crypto Collateral
- Summary
- USDX is generated against protocol-approved collateral held in Kava Mint positions.
- As of
- 2026-06-29
- Profile confidence
- High
| Current status | Protocol Based |
|---|---|
| Settlement asset | Collateral release through USDX repayment |
| Eligible parties | Kava Mint users and market participants using supported interfaces. |
| Retail access | Public Protocol or Market Based |
| Institutional access | Public Protocol or Market Based |
| Minimum amount | Protocol and transaction dependent. |
| Fee | Protocol and network costs may apply. |
| Settlement time | Kava transaction and protocol-state dependent. |
| Regional limits | Application, wallet, network, governance, and applicable restrictions may apply. |
- Current status
- Protocol Based
- Settlement asset
- Collateral release through USDX repayment
- Eligible parties
- Kava Mint users and market participants using supported interfaces.
- Retail access
- Public Protocol or Market Based
- Institutional access
- Public Protocol or Market Based
- Minimum amount
- Protocol and transaction dependent.
- Fee
- Protocol and network costs may apply.
- Settlement time
- Kava transaction and protocol-state dependent.
- Regional limits
- Application, wallet, network, governance, and applicable restrictions may apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Kava | Onchain Protocol Context | Crypto Collateral | High |
Kava
Not yet recorded- Type
- Onchain Protocol Context
- Assets covered
- Crypto Collateral
- Record confidence
- High
Deployments and legal context
Deployments and legal context
Network state, contract identity, legal notices, and value states remain separate.| Network | Network record state | Standard | Public deployment category | Canonical deployment type | Operational state | Recorded status | Change or proposal state | Canonicality | Canonicality record state | Verification state | Contract identity state | Contract or identifier | Freeze | Blacklist | Control events | Notes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Kava | Specific network recorded | Cosmos SDK bank denomination | Protocol-native or protocol-supported deployment | Protocol Native Token | Active | Active | No separate change state recorded | Native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | Kava-native USDX identity issued through protocol debt positions; complete denom and representation history remains under review. |
| Date | Title | Authority / publisher | Type | Summary |
|---|---|---|---|---|
| No regulatory notes have been added yet. | ||||
No regulatory notes have been added yet.
Evidence
Evidence
Publisher, provenance, supported claims, archive state, reliability, and publication date remain separate.| Source | Publisher | Source category | Provenance | Primary or secondary | Supported claims | Archive | Reliability |
|---|---|---|---|---|---|---|---|
| Kava DeFi lending platform and USDX minting launch Published 2020-05-27 | Kava Labs | Official statement or announcement Canonical: Official Blog | Subject-controlled source | Primary source | Launch Date, Identity, Minting, Initial Collateral, Launch Date Identity and Initial Usdx Minting | Archive index or wildcard | High |
| Kava Mint Published Not yet recorded | Kava | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Identity, Current Status, Minting, Collateral Model, Current Product Identity and Usdx Minting | Archive index or wildcard | High |
| Kava CDP module Published Not yet recorded | Kava | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Collateral, Minting, Liquidation, Protocol Mechanics, Collateralized Debt Mechanics | Archive index or wildcard | High |
| What is Kava Mint? Published Not yet recorded | Kava Help Center | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Borrowing, Repayment, Value Target, Supported Collateral, Borrowing Repayment and Usdx Value Target | Archive index or wildcard | High |
Known unknowns
Known unknowns and coverage
Missing or disputed facts remain visible instead of being converted into certainty.| Topic | What remains unclear | Value state | Priority | Last checked |
|---|---|---|---|---|
| Current Collateral Inventory and Parameters | The complete current collateral inventory, debt ceilings, liquidation parameters, and per-market usage are not normalized. | Unknown after review | Medium | 2026-06-29 |
| Current Supply and Market Depth | Current circulating supply, protocol debt, exchange support, and durable market depth remain unresolved. | Unknown after review | Medium | 2026-06-29 |
| Complete Module and Upgrade History | The complete Kava CDP, auction, pricefeed, incentive, and related module version history is not normalized. | Unknown after review | Medium | 2026-06-29 |
| Governance and Emergency Control History | The complete governance, parameter-change, pause, liquidation, and emergency-control history remains incomplete. | Unknown after review | Medium | 2026-06-29 |
| Complete Cross Chain Representation History | The complete IBC, EVM, exchange, bridge, and wallet representation history remains unresolved. | Unknown after review | Medium | 2026-06-29 |
Current Collateral Inventory and Parameters
The complete current collateral inventory, debt ceilings, liquidation parameters, and per-market usage are not normalized.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-29
Current Supply and Market Depth
Current circulating supply, protocol debt, exchange support, and durable market depth remain unresolved.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-29
Complete Module and Upgrade History
The complete Kava CDP, auction, pricefeed, incentive, and related module version history is not normalized.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-29
Governance and Emergency Control History
The complete governance, parameter-change, pause, liquidation, and emergency-control history remains incomplete.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-29
Complete Cross Chain Representation History
The complete IBC, EVM, exchange, bridge, and wallet representation history remains unresolved.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-29
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| 2020-06-10 | Kava launches USDX minting | Launch and introduction | Launch | Remained active | Not applicable |
Related records and corrections
Corrections and further reading
Open connected records, methodology, machine-readable data, or report a correction.- All stablecoinsCompare this record with the rest of the archive.
- KavaDecentralized / Kava network ecosystem
- Event registry1 connected event recorded.
- MethodologyRead classification, evidence, and value-state rules.
- CorrectionsReport a source, relationship, or record problem.
- Data manifestInspect the machine-readable public layer.