Radix [ /rædɪks/ ] (Native asset: $XRD; sign: √ ) is a full-stack, decentralized finance (DeFi) layer-1 (L1) protocol founded by Dan Hughes.
An associated cryptocurrency was launched in November 2020 as a price-vested ERC-20 token ($eXRD) on the Ethereum network. $eXRD was superseded by native $XRD in July 2021 with the launch of Radix’s Olympia Mainnet.
$XRD serves as the network’s unit of account, medium of exchange and store of value, as well as being used to incentivize network security and pay transaction fees.
Radix has been designed to address the requirements of DeFi, including fast consensus, decentralized applications, & atomic composability.
[RadFi 2022: RDX Works](https://www.youtube.com/watch?v=5iSK3rTjPMw)
RadFi 2022: RDX Works
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