> For the complete documentation index, see [llms.txt](https://docs.nexus.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.nexus.xyz/overview/usdx.md).

# Dollar balances

How money works on the Exchange: dollar balances, and what USDX means where you see it.

Balances, margin and profit and loss on the Nexus Exchange are in dollars. One balance backs every position you hold.

**USDX is the dollar unit the Exchange accounts in.** One USDX is one US dollar. You see it in market identifiers such as `BTC-USDX-PERP` and in API fields that carry a balance or a price.

## On testnet

Testnet balances are synthetic USDX from the faucet, which has no real-world value. See [Exchange testnet](/overview/exchange-testnet.md) to claim them.

## Learn more

See [Margining](/trading/trading/perpetuals/margining.md) for how collateral and leverage work, and [Quickstart](/trading/trading/quickstart.md) to fund an account and place your first order.


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