fx Protocol

Dual-Token Stablecoin · FXN

TVL
$93.42M
Chains
1
Ethereum
Stars
Latest release

Overview

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.

TVL by chain

ChainTVL
Ethereum$93.42M

Links & documentation

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