UXD Protocol is a decentralized stablecoin that is backed by low volatility strategies, such as delta-neutral positions and overcollateralized crypto-backed loans. The protocol ensures that there is no mismatch between its assets and liabilities. The governance token, UXP, receives cash flows generated from the assets controlled by the protocol and serves as the final backstop asset in case the insurance fund is drained. The protocol is live on Solana and Arbitrum.