XD LENX Finance

$0.024605

-3.47%

$XD Initial Distribution

LENX Finance $XD Funding History

Rank #N/A
Market Cap 0.00% -
24H Spot Volume 0.00% $31,221.05
24H Volume / Market Cap -
Circulating Supply -
Total Supply -
Max Supply 64,000,000.00
Fully Diluted Valuation $1,574,695
API ID lenx-finance
Project Start Date -
Contracts & Explorer(s) 0x300...f87bB
Websites Website
Links

About XD

LENX is the omnichain Bitcoin liquidity protocol, enabling supply of native Bitcoin as liquidity to borrow omnichain assets with built-in lending, leveraging Frax's BAMM and ZetaChain's CCIP.

The protocol incentivizes xBTC liquidity with innovative rates for supplying native Bitcoin to the protocol.

LENX has 3 core products that integrates the BTC liquidity into DeFi seamlessly.

xBTC, BTC Stablecoin - LENX issues a stablecoin, xBTC, a BTC pegged asset. xBTC is the first stablecoin to seamlessly transfer and redeem native Bitcoin without a long wait on any chain.
Omnichain BTC Swap - LENX's core lies in its ability to conduct swaps and facilitate liquidity for native Bitcoin into any chain.
XD, permissionless BAMM gauge - Frax BAMM is the core lending facility for LENX, allowing debt origination, customized non-custodial loans, and onboarding collateral assets to the omnichain economy with Frax.
BXD, Bitcoin-backed CDP - Bitcoin-backed CDP for V2- LENX issues a USD-pegged stablecoin, BXD. BXD is the first stablecoin to collaterize native Bitcoin, currently in development and will be revealed at V2.

Expand