About f(x) Protocol
What is the project about? f(x) Protocol creates two new ETH derivative assets, one with stablecoin-like low volatility and the second a leveraged long ETH perpetual token. These tokens are created by separating ETH collateral into a lower-volatility token named fETH, and a higher-volatility token named xETH. What makes your project unique? f(x) Protocol is bult with the aim of creating a symbiotic system that decomposes ETH into two useful tokens. For fETH, the goal is to produce a low volatility token which: Is fully decentralized and Ethereum-native; Minimizes volatility while retaining a small exposure to the market; Can be minted and redeemed instantly in direct response to stablecoin demand; Has maximum liquidity depth based on a multiple of demand for xETH, rather than a fraction of demand for CDPs. Specifically for xETH, we create a leveraged long ETH token which: Is fully decentralized and Ethereum-native; Is composable, with liquidity on-chain; Has extremely low risk of liquidation. What can your token be used for? f(x) will adopt ve tokenomics. Locking FXN will receive veFXN. The longer the lock time, the more veFXN received. 75% of treasury revenue will be distributed to veFXN holders.
Trading Insights
Market Stats
Market Cap
£1.59M
4.45%
FDV
£22.23M
Circ. Supply
143K FXN
Max Supply
2M FXN
Total Supply
1.2M FXN
Diluted Valuation
£13.26M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£6.31K
51.11%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
£11.14
Price Change (1Y)
Not enough data
66.58%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of f(x) Protocol has increased by 0.49% in the last hour and decreased by 4.57% in the past 24 hours. f(x) Protocol’s price has also fallen by 7.90% in the past week. The current price is £11.07 per FXN with a 24-hour trading volume of £6.31K. Currently, f(x) Protocol is valued at 0.62% below its all time high of £11.14. This all-time high was the highest price paid for f(x) Protocol since its launch.
The current circulating supply of f(x) Protocol is 142,956.378 FXN which means that f(x) Protocol has as total market cap of £1,588,938.52.
Market details
FXN vs markets
↘ 58.13%
FXN vs BTC
↘ 57.58%
FXN vs ETH
↘ 62.62%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x365AccFCa291e7D3914637ABf1F7635dB165Bb09 |
Price history
Time | Price | Change |
|---|---|---|
Today | £11.07 | |
1 Day | £11.68 | |
1 Week | £12.00 | |
1 Month | £12.93 | |
1 Year | £34.52 |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
f(x) Protocol calculator
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Legal
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