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    • Introducing bsxUSD
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On this page
  • 1/ What is bsxUSD?
  • 2/ What are the benefits of bsxUSD compared to USDC?
  • 3/ How does bsxUSD protect against liquidations?
  • 4/ How does BSX improve capital efficiency vs other exchanges?
  • 5/ How does bsxUSD deliver compounded earnings?
  • 6/ How does bsxUSD maintain stability?
  • 7/ Where does the bsxUSD yield come from?
  • 8/ Can I deposit assets other than USDC into BSX Prime Collateral?
  • 9/ Will bsxUSD support cross-chain deposits?
  • 10/ What’s coming next for bsxUSD and BSX Prime Collateral?
  1. bsxUSD

bsxUSD FAQ

1/ What is bsxUSD?

bsxUSD is a yield-bearing collateral asset on BSX, redeemable 1:1 for USDC. It gives your dollar dual utility—serving as both high-yield collateral and a productive asset while idle.

2/ What are the benefits of bsxUSD compared to USDC?

bsxUSD offers all the stability and utility of USDC, with the added advantage of automated yield:

  • 100% collateral factor when trading on BSX

  • Seamlessly compounds yield over time.

  • Earned yield is added to your account equity, strengthening your liquidation buffer.

  • Instantly redeemable at a 1:1 ratio back to USDC—no fees, no delays.

3/ How does bsxUSD protect against liquidations?

Every dollar of yield earned with bsxUSD is automatically credited to your account equity. This increases your liquidation buffer over time, meaning your position becomes more secure the longer your bsxUSD is compounding—even while trading with leverage.

4/ How does BSX improve capital efficiency vs other exchanges?

While most exchanges compete solely on maximum leverage, BSX unlocks true capital efficiency. With bsxUSD, you can:

  • Earn passive yield while your capital is idle

  • Use that same capital as collateral to trade with up to 50x leverage

This dual-purpose design makes your dollar work harder—positioning BSX as one of the most capital-efficient venues in DeFi.

5/ How does bsxUSD deliver compounded earnings?

Yield generated through bsxUSD is automatically reinvested into the BSX Prime Collateral Vault. This creates a compounding effect, steadily increasing your total returns over time—all with zero manual intervention.

Just deposit and let it grow.

6/ How does bsxUSD maintain stability?

bsxUSD is fully backed 1:1 by USDC, held within the BSX Prime Collateral Vault. This means:

  • Every bsxUSD is redeemable for 1 USDC at any time

  • No exposure to algorithmic risk or undercollateralization

You get the yield of DeFi with the reliability of stable-backed reserves.

7/ Where does the bsxUSD yield come from?

BSX sources yield by aggregating across top-tier lending protocols—primarily via curated Morpho vaults on Base. We dynamically assess each pool for liquidity, yield potential, and curator risk.

As we evolve, the vault will auto-rebalance to optimize allocations, ensuring users always earn from the most productive sources.

Note: The yield on bsxUSD will dynamically change based on the vault allocation.

8/ Can I deposit assets other than USDC into BSX Prime Collateral?

At launch, only USDC is supported for conversion into bsxUSD.

9/ Will bsxUSD support cross-chain deposits?

Yes. In future phases, BSX will support cross-chain USDC deposits from networks like Ethereum, Arbitrum, and Optimism. You’ll be able to bridge USDC directly into bsxUSD on Base—automatically and without manual transfers.

10/ What’s coming next for bsxUSD and BSX Prime Collateral?

The bsxUSD ecosystem will continue to expand with:

  • Cross-chain USDC deposits directly into bsxUSD

  • ACH, credit card, and CEX on-ramps into bsxUSD

  • Multi-asset collateral support across stablecoins and DeFi-native assets

  • Diversified yield aggregation, optimizing across multiple DeFi protocols

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Last updated 1 month ago