f(x)

FXN

Decentralized perpetual trading platform

fx.aladdin

Doc

Defillama

1.89%

Trading Volume(24h)
4.19% $78,779.48
Circulating Market Cap

$3,384,060.56 #1553
Fully Diluted Valuation
$60,823,041.68
Circulating Supply
64,938.38 FXN
Total Supply
1,162,742.147 FXN
All-time High
$219.95 (3月 14, 2024)
All-time Low
$12.22 (9月 29, 2023)
Max Supply 2,000,000 FXN
Contract Address

0x365a...bb09
Launched 9月 2023

Performances

Comparison:

Token price

1h	24h	7d	30d	60d	90d
0.77%	1.90%	5.17%	17.03%	49.52%	--

Comparison

Project Name

f(x)

Intro

Total Raised

Core Team

Core Investors

Details

f(x) is an ETH graded leverage protocol designed to address the need for stable assets in the cryptocurrency space while mitigating centralization risk and capital efficiency concerns. f(x) Protocol introduces a new concept called “floating stablecoin” or fETH. fETH is not pegged to a fixed value, but rather gains or loses a fraction of the price movements of native Ethereum (ETH).To achieve this stability, the f(x) Protocol creates a complementary asset called xETH, which acts as a zero-cost leveraged long ETH position. xETH absorbs the majority of the volatility of ETH price movements, thereby stabilizing the value of fETH.

Tags: DeFi Derivatives

Ecosystem(1):

Founded: 2023