XSY
A synthetic dollar protocol on Avalanche that issues UTY, a market-neutral stablecoin paired with yUTY as its yield-bearing variant.
What is XSY?
XSY is a synthetic dollar protocol on Avalanche that issues UTY, a token backed by market-neutral crypto trading strategies, and yUTY for users who want exposure to the underlying yield. Reserves are visible through a real-time proof-of-reserves dashboard, and the team integrates institutional custody and exchange infrastructure.
Web3 dapps and developer tools related to XSY
Discover blockchain applications that are frequently used with XSY.
Overnight Finance
SmarDex
Strata
Javsphere
Developer resources from Alchemy
What are cross-border digital payments?
Learn how correspondent banking works and how stablecoins are cutting costs by up to 80%.
Cronos is now live on Alchemy
Alchemy has launched support for Cronos, a purpose-built settlement layer for stablecoins and tokenized assets. Connect via RPC and build with gasless transaction infrastructure.
How to scale to 30,000 requests per second. The story behind Usual's seamless airdrop
Usual aims to put ownership back in the hands of its users, by ensuring that value flows back to the community rather than concentrating at the top, paving the way for a fair and community-driven future for stablecoins and token-based finance.
XSY alternatives
Explore web3 competitors and apps like XSY.
Ethena
Dinari
Mainstreet
SynthetixApp store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.
