> For the complete documentation index, see [llms.txt](https://docs.primefi.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.primefi.xyz/product/liquid-staking-tokens/primestakedxdc-psxdc.md).

# PrimeStakedXDC (psXDC)

{% hint style="danger" %}
Check [Market Status](/security/market-status.md) for current availability. Configuration details below do not imply transaction availability on a paused market.
{% endhint %}

## What psXDC is

psXDC is PrimeStaking's liquid-staking vault token for XDC. Its economic value comes from the PrimeStaking vault and its current share-to-XDC exchange mechanics.

PrimeFi does not harvest psXDC staking rewards and redistribute them through a special ppsXDC rebase. Instead:

1. **psXDC vault value:** staking accrual is reflected through PrimeStaking's psXDC vault/share mechanics.
2. **PrimeFi supplier interest:** supplying psXDC mints an interest-bearing PrimeFi pToken (`ppsXDC`). Its accounted balance follows PrimeFi's reserve liquidity index.
3. **Separate incentives:** PRFI or pLP incentives, where enabled and funded, are separate reward programs and are not part of psXDC's vault exchange rate.

These are distinct return sources with distinct risks. Neither psXDC appreciation, PrimeFi interest, nor incentive rewards are guaranteed.

## Current contracts

### XDC current psXDC v4 reserve

* **psXDC underlying:** `0xDc74c0DaED82ae94486DeeF22991d2F54173c734`
* **ppsXDC pToken:** `0x3Bd0183584185F8341B83dDefD73E6Eae1a64eeF`
* **vdpsXDC variable debt:** `0xb2FdB307cdf1cf3c6bd8b1f35E180755c24c122f`

Earlier XDC psXDC reserves (`0x9B8e12b0…`, `0x98D916F5…`, and `0xa7FD1c56…`) are frozen with LTV `0`. They remain relevant for existing withdraw/repay or migration workflows but should not be treated as the current v4 reserve.

### Base and HyperEVM

The cross-chain psXDC token uses the same address on Base and HyperEVM:

`0x98D916F5773Ac0482b49856f2659d6c32114C4Ba`

| Chain    | ppsXDC pToken                                | vdpsXDC variable debt                        |
| -------- | -------------------------------------------- | -------------------------------------------- |
| Base     | `0x3A577f9789FC81C2Ea0B81B9e02B6Dbc67158A37` | `0xD9bA32E8a4955E4fbbbDD61F121b2f81ca7bBFE8` |
| HyperEVM | `0x1952dD6d79A7ab0419321e0669B1BdF4dF1490E5` | `0x11f7467591b3E9e7B4d97e0827dCAaE51e46d373` |

Moving psXDC between chains uses PrimeStaking's LayerZero-based bridge workflow and introduces smart-contract, messaging, endpoint, and operational risk.

## Current lending configuration

As verified on 16 September 2026:

* Base psXDC LTV: `20%`
* HyperEVM psXDC LTV: `20%`
* Liquidation threshold: `80%`
* Total liquidation bonus: `7.5%`
* Stable-rate borrowing: disabled

These parameters are administrative and can change. Check current on-chain configuration before calculating borrowing capacity.

PrimeFi currently values psXDC on Base and HyperEVM through the XDC/USD oracle path for lending accounting. This is an oracle convention and should not be interpreted as a guaranteed market redemption price or permanent peg.

## Supplying psXDC

Where the market is operational:

1. Select the correct network and verify the psXDC contract.
2. Review current market status, available reserve liquidity, supply rate, utilization, and collateral parameters.
3. Approve only the displayed lending-pool spender and intended allowance.
4. Supply psXDC to mint the corresponding ppsXDC pToken.

ppsXDC is PrimeFi's indexed lending receipt. Internally, PrimeFi stores a scaled balance; the externally reported balance applies the reserve's current liquidity index. This accounts for supplier interest generated by reserve borrowing. It is separate from any change in psXDC's own vault exchange rate.

## Borrowing and liquidity

Where enabled, psXDC can be borrowed at a variable rate. Borrowing removes available psXDC liquidity from the reserve and can:

* increase utilization and variable borrow rates;
* reduce the amount immediately available for supplier withdrawals; and
* increase liquidation risk for borrowers using collateral.

Borrowing and re-supplying psXDC can create leveraged exposure, but it does not change psXDC's underlying vault yield through a separate PrimeFi redistribution formula. The ratio between pToken supply and reserve cash describes lending liquidity, not how PrimeStaking allocates staking accrual.

Any looping strategy must use the reserve's actual current LTV. The current Base and HyperEVM psXDC LTV is only 20%, so examples based on 70% leverage do not apply.

## Withdrawing

A withdrawal burns the applicable ppsXDC and requests psXDC from the reserve. Execution depends on:

* available psXDC liquidity;
* market and reserve pause/freeze state;
* the user's remaining collateral and Health Factor;
* oracle availability; and
* all contract validations at execution.

ppsXDC accounting does not guarantee immediate redemption.

## Rewards

Potential returns should be evaluated separately:

* **PrimeStaking vault accrual:** governed by psXDC's own vault/share mechanics.
* **PrimeFi supplier interest:** determined by reserve utilization, debt performance, reserve factor, and the liquidity index.
* **PRFI/pLP incentives:** configurable, independently claimable programs available only where enabled and funded.

Do not add fixed staking, PRFI, or platform APY percentages together unless each value is current, independently verified, and applicable to the selected market.

## Principal risks

* psXDC vault/share and XDC market-value risk.
* PrimeFi smart-contract and administrative risk.
* Oracle and XDC/USD pricing-convention risk.
* High-utilization and withdrawal-liquidity risk.
* Variable borrow-rate and liquidation risk.
* Cross-chain OFT/messaging risk on Base and HyperEVM.
* Incentive eligibility, funding, and token-price risk.

See [Oracles](/product/primefi-features/oracles.md), [pTokens](/product/lend/ptokens.md), and [Market Status](/security/market-status.md) before interacting.