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![Aesyx_Fi Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1883114087116382208.png) Aesyx [@Aesyx_Fi](/creator/twitter/Aesyx_Fi) on x XXX followers
Created: 2025-07-17 14:00:02 UTC

$AXD defends its peg without oracles, market makers, or governance.

It works because:

Every $AXD is redeemable for $X of $sAVAX
Redemptions punish undercollateralized positions
Liquidations reinforce solvency and peg strength

It holds because it has to—by design.

![](https://pbs.twimg.com/media/GwEAG-lWIAAmO1i.jpg)

XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945845956655903221/c:line.svg)

**Related Topics**
[positions](/topic/positions)
[governance](/topic/governance)
[coins oracle](/topic/coins-oracle)
[peg](/topic/peg)
[$axd](/topic/$axd)
[$savax](/topic/$savax)
[coins liquid staking tokens](/topic/coins-liquid-staking-tokens)

[Post Link](https://x.com/Aesyx_Fi/status/1945845956655903221)