Cod3x USD (cdxUSD) stablecoin analytics
Answer First
What is Cod3x USD (cdxUSD)?
cdxUSD is Cod3x's dollar stablecoin on Base, minted and burned by protocol-permissioned Facilitators against strategy-managed crypto and stablecoin collateral. The static profile records its US Dollar peg mechanism as: Cod3x Facilitators can mint and burn cdxUSD under protocol-defined limits; supply is expected to remain sufficiently collateralized by strategy assets
Is cdxUSD safe?
Pharos does not assess cdxUSD as safe: it holds an F Safety Score grade (37/100) in the latest published rating, which flags significant structural risk. Static metadata says Cod3x USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
Cod3x USD (cdxUSD) static profile: governance model CeFi-Dependent; backing model Crypto-Collateralized; peg US Dollar.
AI summary / Updated Sep 7, 2026
cdxUSD is Cod3x's dollar stablecoin on Base, minted and burned by protocol-permissioned Facilitators within assigned bucket limits against strategy-managed crypto and stablecoin collateral, a GHO-style model that concentrates risk in facilitator permissions, collateral management, and strategy transparency. The live token exposes exactly one Facilitator, a 3-of-9 Safe labeled Multisig with a 100 million cdxUSD bucket, and the whitepaper's lending-liquidation and AMO facilitators are not deployed; the token owner...
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: Cod3x technical stack overview
- Collateral
- Facilitator-managed crypto and stablecoin collateral under Cod3x protocol limits and strategies
- Peg Mechanism
- Cod3x Facilitators can mint and burn cdxUSD under protocol-defined limits; supply is expected to remain sufficiently collateralized by strategy assets
- Jurisdiction
- Not disclosed in the static profile.
- Proof Of Reserves
- No proof-of-reserves entry in the static profile.
- Contracts
- 1 deployment tracked across Base.
Next Actions
Exact bot target: /subscribe dews,depeg,safety cdxusd-cod3x
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
cdxUSD quick answers
What is Cod3x USD (cdxUSD)?
cdxUSD is Cod3x's dollar stablecoin on Base, minted and burned by protocol-permissioned Facilitators against strategy-managed crypto and stablecoin collateral. The static profile records its US Dollar peg mechanism as: Cod3x Facilitators can mint and burn cdxUSD under protocol-defined limits; supply is expected to remain sufficiently collateralized by strategy assets
Is cdxUSD safe?
Pharos does not assess cdxUSD as safe: it holds an F Safety Score grade (37/100) in the latest published rating, which flags significant structural risk. Static metadata says Cod3x USD uses a CeFi-Dependent governance model and Crypto-Collateralized backing, with live reserve feed configured; the main caveat is that no direct freeze-control signal is recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs cdxUSD?
Pharos classifies cdxUSD backing as Crypto-Collateralized. Collateral, per the static profile: Facilitator-managed crypto and stablecoin collateral under Cod3x protocol limits and strategies Reserve evidence: live reserve feed configured.
Can cdxUSD be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, no direct freeze-control signal is recorded. Live freeze and blacklist events for cdxUSD, when applicable, appear in the dossier below.
