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Elixir

Stablecoin · Synthetic Yield-Bearing · ELX

NetworkStablecoinSynthetic Yield-BearingWound-Down2 coinsAudited

Elixir issued deUSD and sdeUSD, a synthetic dollar fully shut down in Q1 2026 following the Stream Finance loss.

Wound-down synthetic dollar (deUSD).

Circulating supply

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Risks identified

  • Smart Contract

    On-chain logic upgrades, bugs, or parameter errors can impair user funds.

  • Market

    Token, collateral, or peg volatility affects protocol solvency and user outcomes.

  • Liquidity

    Thin markets make exits, liquidations, or redemptions harder during stress.

  • Peg

    Stablecoin may de-peg under reserve, liquidity, or confidence stress.

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