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About f(x) Protocol
What is the project about? f(x) Protocol creates two new ETH derivative assets, one with stablecoin-like low volatility and the second a leveraged long ETH perpetual token. These tokens are created by separating ETH collateral into a lower-volatility token named fETH, and a higher-volatility token named xETH. For the brand new f(x) Protocol V2, f(x) Protocol empowers DeFi to bring an innovative approach to stablecoins and leverage trading. The f(x) invariant can split any yield-bearing asset into two components now: - A scalable decentralized stablecoin that captures sustainable on-chain real yield - fxUSD - A leveraged position that delivers up to 7x leverage on ETH and BTC with minimal liquidation risk and funding cost - the xPOSITION & sPOSITION.
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Trading Insights
Market Stats
Market Cap
$1.80M
2.69%
FDV
$23.02M
Circ. Supply
156K FXN
Max Supply
2M FXN
Total Supply
1.2M FXN
Diluted Valuation
$13.79M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$2.16K
46.62%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$12.20
Price Change (1Y)
Not enough data
55.42%
Additional details
Market details
FXN vs markets
↘ 51.97%
FXN vs BTC
↘ 48.19%
FXN vs ETH
↘ 67.66%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x365AccFCa291e7D3914637ABf1F7635dB165Bb09 |
Price history
Time | Price | Change |
|---|---|---|
Today | $11.51 | |
1 Day | $11.83 | |
1 Week | $12.40 | |
1 Month | $16.16 | |
1 Year | $25.82 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
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Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
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Legal
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