USDx is a decentralized index stablecoin (ERC-20 token) launched by dForce Network. It is pegged to a basket of selected stablecoins (35% USDC, 35% PAX and 30% TUSD), with constituents and weightings adjustable through on-chain governance. The bidirectional exchange (from constituents to USDx, and from USDx to a basket of constituents) are wholly on-chain and verifiable on Etherscan.
Reported Volume calculates volume from all exchanges with market pairs, but due to factors such as wash trading, it is considered an unreliable metric.$120,782
The Network Value to Transactions (NVT) ratio calculates the dollar value of crypto transaction activity relative to the network value.