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    Stables Labs USDX

    USDX

    @StablesLabs

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    00.910
    Risk Level:
    Very High
    Recommendation:Avoid
    Evaluated:January 9, 2026 (v8)

    Dimension Breakdown

    Development Activity0.0
    Community Health2.5
    Tokenomics0.5
    Market & Use Case1.5
    Team & Governance1.0
    Security & Audits0.5

    Whale Pulse

    Large transaction flow (>$10k)

    No whale transactions >$10k detected recently for USDX.

    AI Analysis

    Comprehensive evaluation of the token

    Stables Labs USDX is a failed stablecoin project that has suffered a catastrophic collapse, currently trading at approximately $0.04, representing a 96%+ loss of its intended peg. The evaluation indicates a complete breakdown across all fundamental metrics. Active development has ceased, and the project appears abandoned with no recent code commits or roadmap execution. The team, linked to Flex Yang, has reportedly 'ghosted' the community, disabling Discord channels and remaining silent during the liquidity crisis. Security and tokenomics scores are near zero due to the failure of the collateralization mechanism and allegations of a 'rug pull' or liquidity drain. While the theoretical concept of a delta-neutral stablecoin is valid (as seen in competitors like Ethena), Stables Labs failed to execute it, resulting in a product with no utility or market trust. The centralization of governance via a multisig wallet further exacerbated the failure, allowing the team to act without accountability.

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    Development Activity

    Code updates and developer engagement

    RiskReturn
    00.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    02.510

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    00.510

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    01.510

    Team & Governance

    Team background and project governance

    RiskReturn
    01.010

    Security & Audits

    Security history and audit status

    RiskReturn
    00.510
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    About Stables Labs USDX (USDX)

    Stables Labs USDX (USDX)

    Stables Labs USDX (USDX) is a fully collateralized, decentralized stablecoin designed to maintain a 1:1 peg with the US Dollar. Backed by a transparent mix of on-chain collateral and audited smart contracts, USDX offers a reliable medium of exchange for DeFi applications and everyday transactions.

    Key Features

    • Symbol: USDX
    • Peg Mechanism: 1 USDX = 1 USD
    • Collateralization: Over-collateralized with crypto assets and stablecoin reserves
    • Transparency: Fully auditable reserves and on-chain minting/burning
    • Interoperability: Available on Ethereum, Binance Smart Chain, Polygon, Arbitrum, and other EVM-compatible chains
    • Security: Regular third-party audits of smart contracts and collateral holdings

    Use Cases

    • Decentralized finance (DeFi) lending & borrowing
    • Automated market makers (AMMs) and liquidity provisioning
    • Cross-border payments with minimal slippage
    • Stable payments in decentralized applications (dApps)

    Technical Specifications

    • Smart Contract Standard: ERC-20 / BEP-20 (where applicable)
    • Minting & Burning: Permissionless, on-chain via the Stables Protocol
    • Governance: Protocol parameters set and adjusted by the Stables DAO
    • Audit Providers: Multiple leading blockchain security firms

    Learn More

    • Official Website: https://stables.org
    • GitHub: https://github.com/stables
    • Documentation: https://docs.stables.org

    This page provides informational content about the USDX token. It does not constitute financial advice.

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