Inside 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.
Returns Across Timeframes
Closing-price percentage change from 1 day through 1 year.
Key Moments
Genesis, All-Time Low, All-Time High and today — the signature points of the price history.
Deployed Across
Every chain on which this token has a known contract address.
AGON Analyst Briefing
An analyst briefing for f(x) Protocol fxUSD has not been generated yet.
FXUSD Yields
Live DeFi yield opportunities aggregated from DeFi Llama.
f(x) Protocol fxUSD
