How to buy Fathom Dollar (FXD)

How to buy and use Fathom Dollar (FXD)

Fathom Dollar (FXD) is a stablecoin that operates on the XDC Network. It is issued and developed by Fathom DAO, a decentralized autonomous organization. The token is designed to maintain a stable value relative to the U.S. dollar through a soft peg.

The stability of FXD is supported by over-collateralization using XDC Tokens. These tokens are held in smart-contract vaults to create new FXD tokens. Fathom DAO intends for FXD to help micro, small, and medium-sized enterprises (MSMEs) access capital for trade finance. This is done through platforms such as fathom.fi and portal.tradefinex.org.

Where FXD is available

FXD is available through the following verified market pairs:

• XSwap v3 (XDC Network) (FXD/WXDC)
• Bitrue (FXD/USDT)
• Raydium (CLMM) (USDC/FXD)

Deposit and withdrawal support for these routes is not verified. Exchange availability, KYC requirements, and account features vary by country.

Network and redemption caveats

FXD exists on the XDC Network. The verified contract address is 0x49d3f7543335cf38Fa10889CCFF10207e22110B5. Users should verify this address and the network through official sources before making any transfers.

To verify transactions or address data, users can use the official explorer. Detailed project verification is available in the Fathom Dollar whitepaper.

Common mistakes include using lookalike contract addresses or assuming that every exchange supports the same network for deposits and withdrawals.

Custody, depeg, and issuer risks

FXD is managed by Fathom DAO. Because it uses a soft peg to the U.S. dollar, there is a risk that the token value may deviate from its target. The system relies on the value of XDC Tokens held in smart-contract vaults for collateral.

Users should consider the following risks:

• Contract verification is required before transferring funds.
• Withdrawal limits and KYC rules differ across exchanges.
• The stability of the token depends on the over-collateralization mechanism and the performance of the XDC Token.

For those auditing the implementation, the source code is available for inspection.

Sources and methodology

The buying routes listed in this guide come only from verified market-pair rows in our database. We use web research and news for background and risk context. Information from CoinMarketCap pages is treated as low-confidence context and is not used as proof of liquidity, fees, or contract safety. Live market values are omitted because they change frequently.