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CMX-U is the one settlement asset on CRYMAD L2

One dollar asset, minted 1:1 against USDC or USDT in a CrymadX reserve, burned on redemption. The two-CMX-U provisional marks are removed.

VORUNEX Engineering, , 5 min read

Following the settlement decisions of 16 September, CMX-U is the single dollar settlement asset on CRYMAD L2. Mint runs only against a deposit the engine has proved on chain, under the 2-of-3 governance Safe. Redemption burns CMX-U on L2 and the treasury pays stablecoin 1:1 to the holder's registered address.

Reserve transparency

The engine publishes reserve balance per network and CMX-U supply on the verify API with deposit and redemption transactions as evidence. Watchtower checks 1:1 continuously; an exception is a Critical alert.

Project units

Per-project tokens are now called project units and are identified by their gateway reference. REBBG's unit remains the DPU participation NFT.

Verification is not investment advice. Figures are as of the dates shown and are restated when passports change.

    CMX-U is the one settlement asset on CRYMAD L2, VORUNEX