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
$131.53m
Change 24h
+0.57%
Change 7d
-2.60%
WebsiteTwitter
$0$71.87m$143.75m$215.62m$287.50mAug 23May 24Mar 25Dec 25Oct 26

Chain breakdown

Ethereum$131.53m