USDx Quickstart
Use this page to choose the right path before interacting with Axis.
Choose what you want to do
Hold USDx
USDx is the synthetic-dollar token. Holding USDx alone does not earn the staking-vault yield. Before acquiring it, understand the price-stability pathway and risk profile.
Stake USDx
Staking deposits USDx into the vault and returns sUSDx. As funded rewards vest into the vault's accounted assets, each sUSDx position becomes redeemable for more USDx and the exchange rate rises over time. Axis's structural edge is cross-venue and cross-asset fragmentation; funding is one component (and can be the larger share in a given period), with current attribution on the Transparency Dashboard. Yield is variable and is not guaranteed.
Unstaking is not instant. It is an asynchronous redeem request (ERC-7540): you call requestRedeem, which burns your shares and reserves the corresponding assets. The request must first clear the cooldown, currently 7 days, then be serviced by an operator (serviceRedemptions) before it becomes claimable; only then can you claim USDx. The cooldown is the eligibility delay on that request, not a simple setting on an otherwise instant unstake.
For contract-level steps, see Stake & Unstake USDx.
Mint or redeem USDx
Minting and redemption use EIP-712 signed orders submitted by authorized operators to the USDxMarket. The order states the collateral and USDx amounts; it must pass signature, deadline, nonce, asset, route, authority, and capacity checks before it can settle.
For the integration flow, see Mint & Redeem USDx.
Before every transaction
Verify the address on Contract Addresses.
Read the wallet prompt, including token, amount, spender, and network.
If you may need near-term liquidity, plan for the sUSDx async exit: a redeem request must clear its 7-day cooldown and be serviced before USDx is claimable.
Do not infer a guaranteed dollar exit price from the sUSDx vault exchange rate.
Consider whether you can tolerate a delay, depeg, or loss.
Understand your exit path
sUSDx
Open an async redeem request (requestRedeem); once the 7-day cooldown elapses and an operator services the request, claim USDx
Submit a USDx redemption order
USDx
USDx
Submit a USDx redemption order
Secondary-market trading may offer another path, but its price and available liquidity are external to the protocol contracts and are not guaranteed.
Last updated

