f(x) Protocol Logo

f(x) Protocol FXN

f(x) Protocol header image

1. Summary

Limited data

  • 100% of the f(x) Protocol code repositories are forked (originally copied) from another project.

Ranks

Liquidity
72
Developer
-
Social
31
Momentum (beta)
36
Stack Rankā„¢
-
Price
$67.29 -0.8%
Market Cap
$4.08M (#1844)
Supply
56,468.00 / 1.04M
Price
52W High price $212.54
52W High date 14th Mar 2024 (4 months ago)
All Time High (ATH) Date 14th Mar 2024 (4 months ago)
ATH Price $219.95
% From ATH -47.67%
All Time Low (ATL) Date 29th Sep 2023 (9 months ago)
ATL Price $12.22
% From ATL 841.91%
Supply & Trading Volume
Trading Volume (24h) $58,598.00
Total Supply 1.04M
Max Supply 2.00M
Circulating Supply 56,468.00
Description

About f(x) Protocol

About f(x) Protocol

f(x) Protocol creates two new ETH derivative assets: a low-volatility token named fETH and a leveraged long ETH perpetual token named xETH. These tokens are generated by separating ETH collateral into lower-volatility and higher-volatility tokens. The protocol aims to create a symbiotic system, decomposing ETH into two useful tokens.

fETH

  • Fully decentralized and Ethereum-native
  • Minimizes volatility while retaining small market exposure
  • Can be minted and redeemed instantly in response to stablecoin demand
  • Maximum liquidity depth based on xETH demand instead of CDP demand

xETH

  • Fully decentralized and Ethereum-native
  • Composable with on-chain liquidity
  • Extremely low liquidation risk

Token Usage

The protocol uses ve tokenomics, allowing FXN holders to receive veFXN by locking their tokens. The longer the lock time, the more veFXN received. 75% of treasury revenue is distributed to veFXN holders.

2. Price

FXN

2.1. Market Performance

How does f(x) Protocol's (FXN) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-0.5%

FXN

-14.8%

Similar Market Cap

60 Day Return

-43.8%

FXN

8.3%

Similar Market Cap

3. Developer Activity

We're monitoring 20 f(x) Protocol GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All f(x) Protocol Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 117

Most Active Repos

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Past 12 weeks
Past year
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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
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Past 12 weeks
Past year

Top Developers 2024

In total, 77 developers have contributed to f(x) Protocol over the past year. Who are the most active f(x) Protocol developers, by commits, over the past year?

Related Projects

Developers working on f(x) Protocol also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers
Active Reddit Users (past 24h)
Discord users
Active Discord Users
Telegram Users 1,881
Twitter followers 6,611
5. News

No recent news found.

7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://fx.aladdin.club
Explorer https://etherscan.io/token/0x365AccFCa291e7D391463...
Twitter @protocol_fx

What is the correct contract address for f(x) Protocol?

Ethereum 0x365accfca291e7d3914637abf1f7635db165bb09

Has f(x) Protocol been audited for security?

No security audits found for this project.

Are you the owner of f(x) Protocol? Edit it here

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