Protocols / fx Protocol

fx Protocol

Dual-Token Stablecoin

f(x) Protocol is a decentralized on-chain trading platform that enables stress-free leverage on ETH and WBTC while delivering the highest organic & sustainable yield on stablecoins. By utilizing an innovative mechanism, we offer up to 7X long or short exposure with minimum liquidation risk & funding costs. To fuel the leverage positions, the protocol mints fxUSD, a scalable & decentralized stablecoin with a strong peg to the dollar and backed by wstETH and WBTC.

Total value locked
$119.76m
Change 24h
-0.22%
Change 7d
+3.74%
WebsiteTwitter
$0$70.06m$140.12m$210.18m$280.24mAug 23May 24Feb 25Nov 25Aug 26

Chain breakdown

Ethereum$119.76m