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Record sog_st_stablesusdx
USDX/Stables Labs USDX
Also recorded as USDX, Stables Labs USDX, USDX Money
- Lifecycle
- Active
- Issuance
- Restricted
- Reference target
- US dollar
- Primary organization
- Stables LabsNo additional recorded relationship
- Launch
- Not yet recorded
- Redemption
- Eligible Customers Only
- Backing
- Synthetic or hedged
- Stabilization
- Delta-neutral
- Last review
- 2026-06-22
- Evidence
- 5 source records
Reviewed assessment
Identity and current state
This summary reports reviewed facts and uncertainty. It is not a rating or recommendation.Stables Labs synthetic dollar backed by a delta-neutral crypto spot and derivatives portfolio.
| Name | Stables Labs USDX |
|---|---|
| Symbol | USDX |
| Aliases | USDX, Stables Labs USDX, USDX Money |
| Asset class | Stablecoin |
| Lifecycle status | Active |
| Issuance status | Restricted |
| Canonical record ID | sog_st_stablesusdx |
| Route slug | stables-labs-usdx |
| Record confidence | Medium |
| Last reviewed | 2026-06-22 |
- Name
- Stables Labs USDX
- Symbol
- USDX
- Aliases
- USDX, Stables Labs USDX, USDX Money
- Asset class
- Stablecoin
- Lifecycle status
- Active
- Issuance status
- Restricted
- Canonical record ID
sog_st_stablesusdx- Route slug
stables-labs-usdx- Record confidence
- Medium
- Last reviewed
- 2026-06-22
Record coverage
| Section | Entries |
|---|---|
| Organizations | 1 |
| Sources | 5 |
| Reserve reports | 1 |
| Reserve components | 1 |
| Model-history events | 0 |
| Regulatory notes | 0 |
| Deployments | 1 |
| Issuer-control actions | 0 |
| Open questions | 3 |
| 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
- Centralized
- Primary display organization
- Stables Labs
- 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 |
|---|---|---|---|---|---|---|---|---|
| Stables Labs | Company or corporate group | Not recorded in canonical data | Multi-jurisdiction / unclear | Protocol operator | Primary display | Not yet recorded | Not yet recorded | Active relationship |
Company or corporate group
Primary displayStables Labs
- Functional role
- Protocol operator
- Relationship status
- Active relationship
- Regulatory character
- Not recorded in canonical data
- Jurisdiction
- Multi-jurisdiction / unclear
- From
- Not recorded
- 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 a delta-neutral portfolio, approved direct settlement, and market liquidity.
- Public backing model
- Synthetic or hedged
- Canonical backing types
- Crypto Collateral, Mixed
- Reserve component categories
- Other
- Primary stabilization mechanism
- Delta-neutral
- Recorded model description
- Delta Neutral Crypto Spot and Derivatives Portfolio
- Redemption / exit model
- Eligible Customers Only
- Valuation source
- Public information is incomplete
- Yield / rebase profile
- None recorded
- Classification notes
- Stables Labs USDX is disambiguated from unrelated USDX assets; sUSDX remains separate.
Reserve and redemption
Reserve and redemption
Recorded components, disclosures, reports, and redemption conditions remain explicit.Reserve components
- Crypto spot assets and offsetting derivatives positions in a delta-neutral portfolioOther · Composite delta-neutral portfolio recorded as other; current amounts, counterparties, and verification scope remain unnormalized.
| Disclosure status | Protocol Collateral Counterparty and Contract Disclosures |
|---|---|
| Backing types | Crypto Collateral, Mixed |
| Summary | USDX uses a delta-neutral portfolio of crypto spot assets and offsetting derivatives positions. |
| As of | 2026-06-22 |
| Profile confidence | Medium |
- Disclosure status
- Protocol Collateral Counterparty and Contract Disclosures
- Backing types
- Crypto Collateral, Mixed
- Summary
- USDX uses a delta-neutral portfolio of crypto spot assets and offsetting derivatives positions.
- As of
- 2026-06-22
- Profile confidence
- Medium
| Current status | Eligible Customers Only |
|---|---|
| Settlement asset | Usdt or Supported Program Settlement |
| Eligible parties | Approved participants that complete required onboarding. |
| Retail access | Market Based Unless Approved |
| Institutional access | Approved Participant Direct |
| Minimum amount | Program terms dependent. |
| Fee | Program, counterparty, settlement, and network terms apply. |
| Settlement time | Official documentation describes a seven-day direct redemption period. |
| Regional limits | Identity, jurisdiction, compliance, and program restrictions apply. |
- Current status
- Eligible Customers Only
- Settlement asset
- Usdt or Supported Program Settlement
- Eligible parties
- Approved participants that complete required onboarding.
- Retail access
- Market Based Unless Approved
- Institutional access
- Approved Participant Direct
- Minimum amount
- Program terms dependent.
- Fee
- Program, counterparty, settlement, and network terms apply.
- Settlement time
- Official documentation describes a seven-day direct redemption period.
- Regional limits
- Identity, jurisdiction, compliance, and program restrictions apply.
| Date | Publisher | Type | Assets covered | Record confidence |
|---|---|---|---|---|
| Not yet recorded | Stables Labs | Protocol Delta Neutral Collateral Context | Crypto Collateral, Mixed | Medium |
Stables Labs
Not yet recorded- Type
- Protocol Delta Neutral Collateral Context
- Assets covered
- Crypto Collateral, Mixed
- Record confidence
- Medium
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ethereum | Specific network recorded | ERC-20 | Issuer- or institution-supported deployment | Issuer Supported Token | Active | Active | No separate change state recorded | Issuer-native deployment | Canonicality recorded | Source-linked record; identifier not recorded | Identifier not recorded | Identifier not recorded | Not yet recorded | Not yet recorded | 0 | Official documentation lists Ethereum USDX, sales, redemption, and sUSDX contracts; exact addresses are not duplicated here until normalized from the current contract registry. |
| 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 |
|---|---|---|---|---|---|---|---|
| USDX basics Published Not yet recorded | Stables Labs | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Identity, Collateral, Approved Participants, Susdx Boundary, Identity and Access | Archive index or wildcard | High |
| USDX delta-neutral stability Published Not yet recorded | Stables Labs | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Delta Neutral, Spot Assets, Derivatives, Counterparties, Backing and Stabilization | Archive index or wildcard | High |
| How to redeem USDX Published Not yet recorded | Stables Labs | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Redemption, Usdt Settlement, Seven Day Period, Approved Participants | Archive index or wildcard | High |
| Staking USDX Published Not yet recorded | Stables Labs | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | sUSDX, Wrapper Value, Income Boundary, Income and Wrapper Boundary | Archive index or wildcard | High |
| USDX contracts Published Not yet recorded | Stables Labs | Official documentation or product page Canonical: Official Documentation | Subject-controlled source | Primary source | Ethereum Deployment, Contracts, Susdx Contract, Redemption Contract, Deployment | 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 |
|---|---|---|---|---|
| Exact Launch Date | The reviewed sources establish the current USDX system but not one day-level launch boundary. | Unknown after review | Low | 2026-06-22 |
| Operator Custody and Counterparty Map | The complete operating, custody, settlement, and derivatives-counterparty map is not normalized. | Unknown after review | High | 2026-06-22 |
| Reserve and Assurance Normalization | Current portfolio amounts, counterparties, verification scope, and recurring reporting history are not normalized into one comparable snapshot. | Unknown after review | Medium | 2026-06-22 |
Exact Launch Date
The reviewed sources establish the current USDX system but not one day-level launch boundary.
- Value state
- Unknown after review
- Priority
- Low
- Last checked
- 2026-06-22
Operator Custody and Counterparty Map
The complete operating, custody, settlement, and derivatives-counterparty map is not normalized.
- Value state
- Unknown after review
- Priority
- High
- Last checked
- 2026-06-22
Reserve and Assurance Normalization
Current portfolio amounts, counterparties, verification scope, and recurring reporting history are not normalized into one comparable snapshot.
- Value state
- Unknown after review
- Priority
- Medium
- Last checked
- 2026-06-22
Lifecycle
History
Current classification remains separate from dated changes and incidents.Model and lifecycle changes
No separate model-change event is currently recorded.
| Date | Event | Category | Subtype | Status effect | Recovery |
|---|---|---|---|---|---|
| — | Stables Labs introduces USDX | 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.
- Stables LabsMulti-jurisdiction / unclear
- 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.