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Last USD

USDXL
$0.97934
24h-2.05%
7d-0.61%
30d-1.94%

Last USD Price Performance

Low
High
$0.97933
$0.99981

Last USD Key Metrics

FDV
$1.19M
Volume (24h)
$105.77
Total supply
1.21M USDXL

USDXL to USD Converter

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Resources

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Last USD Overview

24h High
$1.00
24h Low
$0.98
24h Change
-2.05%
7d Change
-0.61%
30d Change
-1.94%
Volume 24h
$105.77
Circulating Supply
1.21M USDXL

Last USD News

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About Last USD

Last USD (USDXL) is a hybrid synthetic stablecoin deployed on HyperEVM, backed by over-collateralised crypto deposits and protocol-generated treasury holdings. It is designed for scalable, stable, and interoperable use across decentralised finance platforms.

USDXL is primarily used as a decentralised, on-chain dollar alternative for DeFi ecosystems. It serves as:

  • Stable collateral: Users can mint, borrow, and lend against USDXL within DeFi protocols.
  • Liquidity medium: It can be deployed in decentralised exchanges, automated market makers, and cross-chain swaps.
  • Yield strategy base: USDXL supports recursive borrowing, liquidity provision, and structured yield farming strategies.
  • Treasury-backed peg instrument: A hybrid design allows USDXL to maintain stability even in volatile market conditions through dual reserve systems.
  • Minting and Collateralisation USDXL is minted by depositing over-collateralised assets such as ETH or blue-chip tokens into smart contracts. Minting parameters are governed by risk thresholds and price oracles to ensure safety.

  • Revenue-Driven Backing Beyond user-supplied collateral, the protocol generates ongoing revenue which is directed into tokenised U.S. treasury assets. These serve as a secondary layer of backing and enable a soft floor for redemption liquidity.

  • Peg Stability USDXL uses algorithmic constraints and treasury inflows to keep its value aligned with the U.S. dollar. If deviations occur, arbitrage incentives and liquidity injection mechanisms work to restore parity.

  • Cross-Chain Compatibility Deployed on HyperEVM, USDXL is transferable across EVM networks through bridging layers and liquidity hubs, enabling multi-chain interoperability without compromising security.

  • Smart Contract Safeguards Mint/redeem functions include per-block rate limits, collateral health checks, and emergency pause mechanisms. Delegated access and admin-controlled risk parameters ensure responsible scalability.

Last USD was created by the team behind Last Network, an infrastructure-focused organisation developing scalable DeFi products on HyperEVM. The protocol is governed and maintained by a core development group specialising in synthetic asset issuance, decentralised monetary tools, and cross-chain liquidity infrastructure.

Last USD Markets

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Last USD Platforms

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Last USD Market Data

The live Last USD price today is $0.98 USD with a 24-hour trading volume of $105.77 USD. We update our USDXL to USD price in real-time. Last USD is down 2.05% in the last 24 hours.

The current market cap is $1,186,941.56 USD. The circulating supply is 1,211,981 USDXL.