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About f(x) Protocol
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.
Trading Insights
Market Stats
Market Cap
£1.38M
2.03%
FDV
£18.57M
Circ. Supply
149K FXN
Max Supply
2M FXN
Total Supply
1.2M FXN
Diluted Valuation
£11.31M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£5.79K
13.97%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£9.39
Price Change (1Y)
Not enough data
88.74%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of f(x) Protocol has decreased by 0.22% in the last hour and decreased by 1.98% in the past 24 hours. f(x) Protocol’s price has also fallen by 4.23% in the past week. The current price is £9.28 per FXN with a 24-hour trading volume of £5.79K. Currently, f(x) Protocol is valued at 1.10% below its all time high of £9.39. This all-time high was the highest price paid for f(x) Protocol since its launch.
The current circulating supply of f(x) Protocol is 148,967.902 FXN which means that f(x) Protocol has as total market cap of £1,383,126.66.
Market details
FXN vs markets
↘ 80.61%
FXN vs BTC
↘ 79.22%
FXN vs ETH
↘ 78.25%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x365AccFCa291e7D3914637ABf1F7635dB165Bb09 |
Price history
Time | Price | Change |
|---|---|---|
Today | £9.28 | |
1 Day | £9.46 | |
1 Week | £9.73 | |
1 Month | £10.26 | |
1 Year | £82.70 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
f(x) Protocol calculator
Related assets
Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
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