USDX Protocol

Omnichain Vault-Backed Stablecoin

Yield-Bearing Stablecoin

Earn Yield Across Any Chain

USDX uses LayerZero OVAULT technology to make yield-bearing vault shares accessible from any chain. Deposit USDC on any chain, earn yield automatically, and use your shares anywhere.

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LayerZero OVAULT
Circle CCTP

Protocol Statistics

APY

4.2%

Current Yield Rate

TVL

$12.4M

Total Value Locked

Collateral

100%

Fully backed by USDC

Chains

2+

Multi-chain Support

How OVAULT Technology Works

LayerZero OVAULT makes yield-bearing vault shares accessible across any blockchain

STEP 1

Bridge USDC

USDC is bridged to the hub chain using Circle CCTP

STEP 2

Vault Deposit

OVAULT Composer deposits USDC into Yearn vault on hub chain

STEP 3

Receive Shares

ERC-4626 vault mints yield-bearing shares representing your deposit

STEP 4

Use Anywhere

OVAULT sends shares to any chain - omnichain fungible tokens

Understanding OVAULT

LayerZero OVAULT makes vault shares omnichain fungible tokens. Your USDC earns yield in Yearn vaults on the hub chain, while your shares can move freely across any supported blockchain. The share value increases over time as yield accrues. You can redeem shares for USDC plus yield from any chain, or transfer shares between chains instantly.

Why Choose USDX?

The first stablecoin built on LayerZero OVAULT - truly omnichain yield-bearing shares

LayerZero OVAULT

Built on LayerZero Omnichain Vault technology - deposit from any chain, earn yield, and access your shares anywhere.

Yield from Yearn

Your USDC earns yield through Yearn Finance vaults on the hub chain, with shares automatically updated across all chains.

100% USDC Backed

All deposits are secured in audited smart contracts and held as USDC in battle-tested Yearn vaults.

Non-Custodial

You maintain full control - your vault shares are always redeemable for the underlying USDC plus earned yield.

Single Transaction

Deposit on one chain, receive vault shares on another - all in a single transaction with no manual bridging.

Transparent & Auditable

All vault operations, yields, and cross-chain transfers are fully transparent and verifiable on-chain.

Start Using USDX

Connect your wallet to see balances, deposit USDC, and withdraw

Your Balances

Connect your wallet to see balances

Bridge USDC

Connect your wallet to bridge USDC

Deposit USDC

Connect your wallet to deposit

Withdraw USDC

Connect your wallet to withdraw

Mint USDX on Spoke

Connect your wallet to mint

Get Started in 4 Steps

Connect your wallet and start earning yield in minutes

1

Connect Wallet

Connect your wallet on any supported chain

2

Deposit USDC

Deposit USDC - automatically bridged to hub chain via Circle CCTP

3

Earn Yield

Your USDC enters Yearn vaults and starts earning yield

4

Use Anywhere

Access your yield-bearing shares on any chain via OVAULT

Local Development Mode

Currently connected to a forked Ethereum mainnet on localhost:8545. Ensure Anvil is running with deployed contracts before interacting.

Start Anvil

anvil --fork-url YOUR_RPC

Deploy Contracts

forge script DeployForked.s.sol