bsxUSD Guide

Simple guide on how to convert into and out of bsxUSD

Step 1: Connect Your Wallet

Connect any major EVM-compatible wallet to get started. Make sure you have sufficient USDC available for deposit.

Step 2: Deposit and Start Earning Yield

Depositing USDC to convert USDC to bsxUSD fast and simple. Once your wallet is connected, choose one of two options:

Option 1: From the BSX Perpetuals Page

  • A deposit interface will appear, allowing you to choose an amount (25%, 50%, 75%, or 100% of your USDC balance).

  • The Yield feature is enabled by default, displaying the applicable APR.

Click on deposit in the top right pane

Option 2: From the Portfolio Page

  • For existing USDC in your trading account, head to the Portfolio page (https://app.bsx.exchange/en/portfolio)

  • Click Earn in the BSX Prime Collateral section, enter the desired USDC amount, and confirm the action.

Click on Earn in the BSX Prime Collateral Section

Step 3: Complete the Deposit

Across both methods, the process includes:

  • Selecting your preferred network.

  • Choosing the deposit amount (25%, 50%, 75%, or 100%).

  • Confirming the APR with the Yield feature enabled.

  • Finalizing the transaction by clicking Confirm Deposit and signing the wallet prompt.

Once complete, your bsxUSD balance will appear under BSX Prime Collateral.

Confirm and Deposit your Funds

Step 4: Monitor and Maximize Your Returns

  • Track Your Earnings: After deposit, your bsxUSD balance will begin accruing yield, visible in real time.

  • Compounding Made Simple: Earnings are automatically compounded, continuously reinvested to grow your total value.

Compounded Earnings Appear Here

Step 5: Redeem Anytime

  • Withdraw your funds at any time — no fees, no lockups, and no delays.

  • All earned rewards are included in your redemption and converted back to USDC, instantly reflected in your wallet.

Choose the Amount to Redeem

Step 6: Trade with bsxUSD

  • Go to the perps page on BSX and make sure you're collateral mode is set to Multi-Collateral

Make Sure to Turn On Multi-Collateral Mode

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