What is Hex Trust USD (USDX)?
USDX is an asset designed to be pegged to the USD, fully backed by at least a 1:1 amount of cash and cash-equivalent reserves and is available on multiple blockchains. Issued by Hex Trust issuance arm, HT Digital Asset, USDX brings a credible and reliable mediums of exchange to facilitate transactions across blockchain ecosystems. USDX is the perfect complement to Hex Trust’s vision: securing the permissionless future by building responsible digital asset solutions. What is the distribution model of USDX? USDX is distributed through a process known as minting.
How does Hex Trust USD work?
When Authorised Merchants deposit USD into the designated account, an equivalent amount of USDX is minted and sent to their digital wallet. What is the ratio between USD and USDX? For every USDX minted, there is at least 1 USD or an asset of equivalent fair value kept in reserve. What is the utility of the USDX token? Beyond being a stable store of value, USDX can be used in a variety of digital economy applications, from payments and settlement to smart contract interactions.
Where can you buy Hex Trust USD?
Hex Trust USD (USDX) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for USDX sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting USDX, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Hex Trust USD (USDX)?
The reported 24-hour trading volume of Hex Trust USD is $78.60K. Volume is a live reading of how much USDX changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for Hex Trust USD (USDX)?
Hex Trust USD reached an all-time high of $1.34 on May 7, 2025, and an all-time low of $0.0303 on April 20, 2026. It is currently trading -25.55% from its peak and +3193.98% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where USDX sits in its long-run price range.
What is the market cap of Hex Trust USD (USDX)?
Hex Trust USD's market capitalization is currently $1.30M, and it is ranked #2796 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (42.78 million USDX are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of Hex Trust USD (USDX)?
The fully diluted valuation (FDV) of Hex Trust USD is $1.30M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of Hex Trust USD compare against its peers?
Over the past 24 hours, Hex Trust USD has moved -0.06%. Over the past seven days, the change is -0.06%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether USDX is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare Hex Trust USD against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store Hex Trust USD?
Like any crypto asset, the right way to store USDX depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
