🚀 Axis Launches Synthetic Dollar USDx in Private Testing Phase
#Axis #SyntheticDollar #USDx #PrivateTesting #QuantitativeYield #Arbitrage #MarketNeutral #Liquidity #Trading #ForesightNews
Axis, a quantitative yield protocol, has announced the introduction of its synthetic dollar, USDx, and completed its initial minting valued at $10 million. According to Foresight News, the USDx is currently in the private testing phase. Following the minting process, USDx has been deployed to Axis's market-neutral arbitrage engine, which spans over 40 trading venues. This deployment aims to provide liquidity and capture market spread opportunities.#Axis #SyntheticDollar #USDx #PrivateTesting #QuantitativeYield #Arbitrage #MarketNeutral #Liquidity #Trading #ForesightNews