Underlying asset
sUSDx
Issued by Axis. The facts below were checked on the date shown, from the sources listed.
sUSDx is issued by Axis. What stands behind it: off-chain arbitrage. It is redeemed through a queue.
Facts
- Issuer
- Axis
- What stands behind it
- off-chain arbitrage
- Strategy
- an institutional trading desk's returns
- Valued in
- USD
- Position in the capital stack
- not a tranche
- Who has to keep a promise
- a manager off chain, an exchange holding the assets
- Redemption
- redeems through a queue
the contract reported a cooldown of 7 days (6 Oct 2026) - Who can change it
- a multisig (Safe) · 3 of 5 signatures · the admin role · also holds the pause role; both act with no delay 0xdeb538917b1c1ae6b81550a6c42a66d818cc6d6d (Ethereum)
a timelock · 48 h delay · covers code upgrades only 0xd6bb04711e41aa41b9130ad41ee6884755914c0b (Ethereum) - Audits
- OpenZeppelin, 2026-07
- Bug bounty
- not found in a source that meets the standard
- Depends on
- none recorded
Other assets from the same issuer: USDx - Chains
- Ethereum
- Checked
- 2026-10-01, from the issuer's own documents
- Sources
- https://docs.axis.to/susdx-the-rewards-vault/susdx
https://docs.axis.to/susdx-the-rewards-vault/stake-and-unstake
https://docs.axis.to/reference/access-control
https://docs.axis.to/reference/staking-contracts
https://docs.axis.to/backing-reserves-and-transparency/audits
Pendle markets on it
Live Pendle markets on this asset, as of 6 Oct 2026. Rates are not shown. Market data: Pendle.
| Chain | Maturity | Principal token |
|---|---|---|
| Ethereum | 2026-12-03 | PT-sUSDx-3DEC2026 |
Not found
What the research has not answered for this asset, said rather than left blank.
- A public bug bounty programme.
- Incidents: this encyclopedia does not yet keep a record of incidents from primary sources.