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About f(x) Protocol Leveraged ETH
What is the project about?
f(x) splits ETH into a mix of low-volatility “floating stablecoins” called fETH and high-volatility “leveraged ETH” tokens called xETH. Users can supply ETH or stETH to mint either one (pure ETH is zapped into stETH before deposit)
What makes your project unique?
f(x) was created to avoid centralized risks from real-world assets. Apart from smart contract and oracle risk, which are common to nearly all DeFi protocols, the main risk for f(x) is of an extreme outlier rapid ETH price drop which is larger than the ability of the currently minted xETH to absorb. In that case, xETH price would go to zero (sort of like a liquidation) and fETH would lose its low volatility nature, reverting to 1:1 ETH price movements.
What can your token be used for?
xETH provides powerful, free leverage on ETH. No funding rate, a very low risk of liquidation. It’s a great token to amplify your gains on a long-term bet on ETH price growth.
Trading Insights
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
No maximum supply
Total Supply
564K XETH
Diluted Valuation
£548.5K
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
£1.98
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£0.9731
Price Change (1Y)
67.62%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The current price is £0.9731 per XETH with a 24-hour trading volume of £1.98. The new price represents a new all time high of £0.9731. This all-time high is the highest price paid for f(x) Protocol Leveraged ETH since its launch.
The current circulating supply of f(x) Protocol Leveraged ETH is 0 XETH which means that f(x) Protocol Leveraged ETH has as total market cap of £0.00.
Market details
XETH vs markets
↘ 57.17%
XETH vs BTC
↘ 54.71%
XETH vs ETH
↘ 44.58%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xe063F04f280c60aECa68b38341C2eEcBeC703ae2 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.9731 | |
1 Day | £0.9706 | |
1 Week | £1.10 | |
1 Month | £0.9656 | |
1 Year | £2.98 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
f(x) Protocol Leveraged ETH calculator
Related assets
Cryptocurrencies with similar market cap
Legal
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