Convert f(x) Protocol FXN to Raydium RAY
FXN to RAY: 1 f(x) Protocol converts to 23.04 RAY
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About FXN and RAY
f(x) Protocol is climbing, while Raydium is falling this week. The current FXN to RAY conversion rate is 23.04. Inversely, this means that if you convert 1 RAY you will get 0.0434 FXN. The conversion rate of FXN/RAY has decreased by 0.45% in the last hour (RAY/FXN increased by 0.45%). In the last 24 hours, FXN/RAY grew by 5.48%, while RAY/FXN shrunk by the same amount.
The exchange rate of f(x) Protocol is increasing. The current value of 1 FXN is 23.04 RAY. In other words, to buy 5 f(x) Protocol, it would cost you 115.21 RAY. Inversely, 1 RAY would allow you to trade for 0.0434 FXN while 50 RAY would convert to 2.17 FXN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 15.86%. Meanwhile, in the last 24 hours, the rate has changed by 3.13%, and that the highest exchange rate of 1 FXN to RAY was 24.36 RAY and the lowest 24 hour value was 1 FXN for 22.20 RAY. Last month, 1 FXN was worth 18.37 RAY. Today, it's up 20.29%. Looking back a year, f(x) Protocol has changed by 32.52 RAY. That means that in a single year, the value of f(x) Protocol has shrank by 41.12%.
f(x) Protocol Market Stats
f(x) Protocol is a decentralized stablecoin and leverage trading system on Ethereum. Its core product is fxUSD, an overcollateralized stablecoin backed solely by stETH and wBTC, with no off-chain custody. Users can borrow fxUSD against stETH or wBTC collateral for a flat one-time fee, or open leveraged long and short positions on ETH and BTC, which loop fxUSD against the same collateral for up to 7x exposure. Both paths mint fxUSD against the same backing. Yield is generated from two real sources: stETH staking rewards on the underlying collateral, and fees paid by borrowers and leverage traders. That yield flows to the Stability Pool, where users can deposit fxUSD or USDC to earn it. The yield is organic, with no FXN emissions or token inflation funding it.
Raydium Market Stats
RAY is the native utility token for Raydium, an automated market maker (AMM) and decentralized exchange built on the Solana blockchain. Holders can stake RAY to earn a portion of protocol fees, participate in initial DEX offerings (IDOs), and vote on governance proposals regarding the platform’s development.
Conversion tables
FXN to RAY values from Today at 4:17 pm
0.5 FXN = 11.52 RAY |
1 FXN = 23.04 RAY |
5 FXN = 115.21 RAY |
10 FXN = 230.42 RAY |
50 FXN = 1,152.09 RAY |
100 FXN = 2,304.17 RAY |
500 FXN = 11,520.86 RAY |
1,000 FXN = 23,041.71 RAY |
RAY to FXN values from Today at 4:17 pm
0.5 RAY = 0.0217 FXN |
1 RAY = 0.0434 FXN |
5 RAY = 0.217 FXN |
10 RAY = 0.434 FXN |
50 RAY = 2.17 FXN |
100 RAY = 4.34 FXN |
500 RAY = 21.70 FXN |
1,000 RAY = 43.40 FXN |
FXN to RAY over time
FXN | Today | 24H 3.13% | 1M 20.29% | 1Y -41.12% |
|---|---|---|---|---|
0.5 FXN | 11.52 RAY | 11.16 RAY | 9.18 RAY | 16.26 RAY |
1 FXN | 23.04 RAY | 22.32 RAY | 18.37 RAY | 32.52 RAY |
5 FXN | 115.21 RAY | 111.60 RAY | 91.83 RAY | 162.59 RAY |
10 FXN | 230.42 RAY | 223.20 RAY | 183.66 RAY | 325.17 RAY |
50 FXN | 1,152.09 RAY | 1,116.00 RAY | 918.29 RAY | 1,625.86 RAY |
100 FXN | 2,304.17 RAY | 2,232.01 RAY | 1,836.59 RAY | 3,251.72 RAY |
500 FXN | 11,520.86 RAY | 11,160.03 RAY | 9,182.94 RAY | 16,258.62 RAY |
1,000 FXN | 23,041.71 RAY | 22,320.05 RAY | 18,365.87 RAY | 32,517.24 RAY |
Frequently asked questions
Right now, 1 f(x) Protocol is worth about $13.12.
Based on the current rate, you could get 0.07624 FXN for 1 USD.
f(x) Protocol price has been declining. Since yesterday, the exchange rate of f(x) Protocol has decreased. Since last month, the exchange rate of f(x) Protocol has decreased. Since this time last year, the price of f(x) Protocol has decreased.
You can use our FXN to USD calculator at the top of this page to convert any amount of FXN to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 0.3812 FXN. Inversely, 5 FXN will cost about $65.58
f(x) Protocol can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy f(x) Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to f(x) Protocol, including Cardstack, Essentia, and Autonio. For a more robust list of assets to explore, jump to the asset page dedicated to f(x) Protocol.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.