f(x)
FXN
ETH Hierarchical Leverage Protocol
$
87.48
0.22% - Trading Volume(24h) -27.23% $ 163,835.802
- Circulating Market Cap$ 5,649,555.053 #1235
- Fully Diluted Valuation$ 99,494,700.379
- Circulating Supply64,938.38 FXN
- Total Supply1,137,342.254 FXN
- All-time High $ 219.95 (Mar 14, 2024)
- All-time Low $ 12.22 (Sep 29, 2023)
- Max Supply 2,000,000 FXN
| 1h | 24h | 7d | 30d | 60d | 90d |
| 0.40% | 0.22% | 4.75% | 69.52% | 190.75% | -- |
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.
Developer
Markets
# | Exchange | Pair | Price | +2% depth | -2% depth | Volume (24h) | volume % |
|---|---|---|---|---|---|---|---|
No Data | |||||||
$
87.48
0.22% 
- Trading Volume(24h) -27.23% $ 163,835.802
- Circulating Market Cap$ 5,649,555.053 #1235
- Fully Diluted Valuation$ 99,494,700.379
- Circulating Supply64,938.38 FXN
- Total Supply1,137,342.254 FXN
- All-time High $ 219.95 (Mar 14, 2024)
- All-time Low $ 12.22 (Sep 29, 2023)
- Max Supply 2,000,000 FXN
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