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About FXN and USDC
f(x) Protocol is climbing, while USDC is falling this week. The current FXN to USDC conversion rate is 26.45. Inversely, this means that if you convert 1 USDC you will get 0.0378 FXN. The conversion rate of FXN/USDC has decreased by 0.35% in the last hour (USDC/FXN increased by 0.35%). In the last 24 hours, FXN/USDC grew by 0.6%, while USDC/FXN shrunk by the same amount.
The exchange rate of f(x) Protocol is increasing. The current value of 1 FXN is 26.45 USDC. In other words, to buy 5 f(x) Protocol, it would cost you 132.26 USDC. Inversely, 1 USDC would allow you to trade for 0.0378 FXN while 50 USDC would convert to 1.89 FXN, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 28.9%. Meanwhile, in the last 24 hours, the rate has changed by 0.6%, and that the highest exchange rate of 1 FXN to USDC was 27.64 USDC and the lowest 24 hour value was 1 FXN for 26.04 USDC. Last month, 1 FXN was worth 28.06 USDC. Today, it's down 6.1%. Looking back a year, f(x) Protocol has changed by 69.63 USDC. That means that in a single year, the value of f(x) Protocol has shrank by 163.25%.
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.
USDC Market Stats
USDC is a digital dollar issued by Circle that is fully backed by US dollars and US dollar equivalents. USDC was developed to represent a US Dollar equivalent onchain, and is used to send, store, and receive money between people and businesses without the need for third-party financial institutions.
Conversion tables
FXN to USDC values from Today at 10:11 am
0.5 FXN = 13.23 USDC |
1 FXN = 26.45 USDC |
5 FXN = 132.26 USDC |
10 FXN = 264.52 USDC |
50 FXN = 1,322.58 USDC |
100 FXN = 2,645.16 USDC |
500 FXN = 13,225.78 USDC |
1,000 FXN = 26,451.56 USDC |
USDC to FXN values from Today at 10:11 am
0.5 USDC = 0.0189 FXN |
1 USDC = 0.0378 FXN |
5 USDC = 0.189 FXN |
10 USDC = 0.378 FXN |
50 USDC = 1.89 FXN |
100 USDC = 3.78 FXN |
500 USDC = 18.90 FXN |
1,000 USDC = 37.80 FXN |
FXN to USDC over time
FXN | Today | 24H 0.60% | 1M -6.10% | 1Y -163.25% |
|---|---|---|---|---|
0.5 FXN | 13.23 USDC | 13.15 USDC | 14.03 USDC | 34.82 USDC |
1 FXN | 26.45 USDC | 26.29 USDC | 28.06 USDC | 69.63 USDC |
5 FXN | 132.26 USDC | 131.46 USDC | 140.32 USDC | 348.17 USDC |
10 FXN | 264.52 USDC | 262.92 USDC | 280.65 USDC | 696.34 USDC |
50 FXN | 1,322.58 USDC | 1,314.62 USDC | 1,403.23 USDC | 3,481.71 USDC |
100 FXN | 2,645.16 USDC | 2,629.24 USDC | 2,806.46 USDC | 6,963.42 USDC |
500 FXN | 13,225.78 USDC | 13,146.20 USDC | 14,032.30 USDC | 34,817.08 USDC |
1,000 FXN | 26,451.56 USDC | 26,292.41 USDC | 28,064.60 USDC | 69,634.17 USDC |
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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.