FXD, an XDC Network stablecoin by Fathom DAO, is softly pegged to USD and over-collateralized by XDC tokens in smart-contract vaults.
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FXD, a stablecoin on the XDC Network, is created and governed by Fathom DAO. It's designed to maintain a value closely tied to the U.S. dollar. This stability is achieved through an over-collateralization mechanism, where XDC tokens are securely locked in smart contracts to back the issuance of FXD.
As of now, Fathom Protocol is trading at 0.999463 USD, with a 24-hour trading volume of approximately 0 USD. The FXD to USD price is updated in real time. Over the past 24 hours, Fathom Protocol has decreased by 0%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 0 USD. Currently, there are 0 FXD in circulation out of a maximum supply of 3 227 577 FXD.
CMC.IO provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CMC.IO tracks community growth, open-source code development, major events and on-chain metrics.
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