Overview

The Nexus Collateralized Debt Position (CDP) Vault is a decentralized lending protocol designed to allow users to mint USDOX, a stablecoin backed by overcollateralized crypto assets. As a fork of Prisma Finance, Nexus’ CDP Vault inherits a robust smart contract architecture but is tailored for the Nexus ecosystem, with a carefully selected set of collateral assets that align with the platform’s financial infrastructure.

Supported Collateral

Ethereum Sepolia

• wstZBU

• USDOX

• wETH

• wBTC

• USDT

• USDC

• ZBU/USDC LP Token

Base Sepolia

• wstZBU

• USDOX

• wETH

• wBTC

• USDT

• USDC

BSC Testnet

• wstZBU

• USDOX

• wETH

• wBTC

• USDT

• USDC

Good to know

• Testnet Tokens Only

  • The supported assets are our deployment of standard testnet tokens. They hold no real-world value and are strictly for testing purposes.

• Faucet Availability

  • Users can obtain these testnet tokens by using the "Faucet" button available within the Nexus app.

• Gas Fees Not Sponsored

  • Nexus does not provide gas fee tokens (e.g., testnet ETH, BNB). Users must obtain the necessary gas tokens from public testnet faucets to execute transactions.

---

At its core, the CDP Vault enables users to unlock liquidity without selling their assets, providing capital efficiency and financial flexibility. Users deposit eligible collateral and receive USDOX in return. This mechanism allows users to access liquidity while maintaining exposure to their assets, making it a valuable tool for hedging, leveraging, or optimizing capital deployment within Nexus' financial products.