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About f(x) Protocol fxUSD
On V1, fxUSD is unlike anything else in DeFi. It is the first truly decentralized stablecoin with the scalability to compete toe-to-toe with centralized offerings. Its combination of strong peg, built in yield and zero slippage swapping makes it extremely user friendly, while the ingenious economic design grows the available liquidity automatically as a byproduct of providing serious value to constituent LSDs.
For the f(x) V2, 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.
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Market Stats
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FXUSD vs markets
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FXUSD vs BTC
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Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x085780639CC2cACd35E474e71f4d000e2405d8f6 |
Price history
Time | Price | Change |
|---|---|---|
Today | MX$17.13 | Not enough data |
1 Day | MX$17.20 | |
1 Week | MX$17.30 | |
1 Month | MX$17.51 | |
1 Year | MX$18.57 |
FAQ
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
f(x) Protocol fxUSD calculator
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Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
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