f(x) Protocol fxUSDPrice(FXUSD)
Details f(x) Protocol fxUSD (FXUSD) Price information (USD)
The current real-time price of FXUSD is $1.006051. In the past 24 hours, FXUSD has traded between $0.9896 and $1.010361, showing strong market activity. The all-time high of FXUSD is $1.042, and the all-time low is $0.9530.
From a short-term perspective, the price change of FXUSD over the past 1 hour is
f(x) Protocol fxUSD (FXUSD) Market Information
f(x) Protocol fxUSD (FXUSD) Today's Price
The live price of FXUSD today is $1.006051, with a current market cap of $17.788M. The 24-hour trading volume is 1M. The price of FXUSD to USD is updated in real time.
f(x) Protocol fxUSD (FXUSD) Price History (USD)
What is F(X) PROTOCOL FXUSD (FXUSD)?
When is the right time to buy FXUSD? Should I buy or sell FXUSD now?
Before deciding whether to buy or sell FXUSD, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s FXUSD technical analysis can provide you with trading references.
Future price trend of FXUSD
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for FXUSD.
How much will FXUSD be worth tomorrow, next week, or next month in ? What about your FXUSD assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! FXUSD Price Prediction
How to buy F(X) PROTOCOL FXUSD (FXUSD)
Convert FXUSD to local currency
FXUSD Resources
To learn more about FXUSD, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0x65c9...0fa3be  | 7.313M | 42.76% |
ethereum | 0x5018...3fb61f | 3.582M | 20.95% |
ethereum | 0xa07d...10a438 | 2.109M | 12.34% |
ethereum | 0xacdc...fdd66d | 754.713K | 4.41% |
ethereum | 0xd14f...42bc56 | 526.187K | 3.08% |
Other | 2.817M | 16.47% |
Hot Events
F(X) PROTOCOL FXUSD (FXUSD) FAQ
What is fxUSD, and how is this decentralized, scalable stablecoin created within the f(x) Protocol?
fxUSD is a decentralized, scalable stablecoin pegged to the US Dollar. It is created by 'decomposing' yield-bearing assets, such as staked Ethereum (stETH), into two distinct parts: a stable component, which is fxUSD itself, and a leveraged component called xPOSITION. It stands out by being 100% over-collateralized by high-quality, exogenous DeFi assets like wrapped staked Ethereum (wstETH) and Wrapped Bitcoin (WBTC), a design choice that explicitly differentiates it from algorithmic stablecoins.
Is fxUSD an algorithmic stablecoin, and how does the f(x) Protocol ensure its stability and peg to the US Dollar?
No, fxUSD is explicitly not an algorithmic stablecoin. This is the most frequently asked question, often due to past events in the DeFi space. fxUSD is rigorously 100% over-collateralized by high-quality, exogenous DeFi assets such as wstETH (Lido) and WBTC. Its stability and peg to the US Dollar are maintained through a robust, multi-layered mechanism. This includes a Stability Pool, automatic rebalancing, redemption functionalities, and funding fees, all working in concert to absorb volatility and protect the fxUSD peg.
Where does the yield for fxUSD come from, providing organic and sustainable returns to its holders and participants?
The yield for fxUSD is considered 'real yield' and originates organically from four primary sources. Firstly, the underlying collateral, such as staked Ethereum (stETH), continuously earns Ethereum staking rewards. Secondly, the protocol generates trading fees from users opening and closing leveraged xPOSITIONS. Thirdly, Stability Fees are paid by leverage traders to the Stability Pool during specific market conditions. Finally, FXN emissions provide native protocol rewards, which are distributed to various pool participants, ensuring a diversified and sustainable yield generation strategy.
What is the 'Liquidation Brake,' and how does this innovative rebalancing mechanism protect users from traditional hard liquidations?
The 'Liquidation Brake' is a unique rebalancing mechanism within the f(x) Protocol, designed to protect users from the severe outcomes of traditional hard liquidations. Unlike typical perpetual futures where users can lose 100% of their position, the Liquidation Brake prevents this for xPOSITION holders. Instead, the protocol automatically 'rebalances' a user's leverage by burning a certain amount of fxUSD from the Stability Pool. This action pays down a portion of the user's debt, effectively resetting their leverage to a safer level without forcing a complete loss of their position.
What is the role of the $FXN token, and what are the key benefits for holders who lock it to acquire veFXN?
The $FXN token is the native governance token of the f(x) Protocol. Holders can lock their FXN to obtain veFXN, which grants significant utility and benefits. These benefits include the ability to vote on which liquidity pools receive higher rewards through a gauge system, capturing a substantial 75% of the protocol's generated revenue, and boosting their own yields in the Stability Pools by up to 2.5 times. This mechanism aligns incentives, decentralizes control, and rewards active participation in the ecosystem.
What are the significant differences between V1 and V2 of the f(x) Protocol, particularly regarding leverage capabilities and collateral types?
V1 of the f(x) Protocol focused on 'Stable-Leverage Pairs,' splitting a single token into two components, exemplified by fETH and xETH. V2 represents a major evolution, introducing the concept of xPOSITION. This allows for more flexible collateral types and offers fixed leverage options up to 10x. V2 also integrated flashloan-assisted leverage and established fxUSD as an omni-stablecoin, backed by multiple sub-pools. This design provides greater versatility, robustness, and enhanced capital efficiency by isolating risks across different collateral classes, making the system more adaptable and secure.
