> For the complete documentation index, see [llms.txt](https://docs.aladdin.club/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.aladdin.club/f-x-protocol/introduction-of-cvxusd-xcvx.md).

# Introduction of cvxUSD/xCVX

**What are cvxUSD and xCVX?**

cvxUSD is a **stablecoin** based on CVX that allows users to earn the native staking yield from Convex Finance. Users can stake **cvxUSD** to stability pools to earn CVX staking yield while remaining pegged to the dollar.

On the volatility side, like what f(x) did, **xCVX** offers up to 3x leverage on CVX with no funding costs or liquidation risk.