Hodler

f(x) Protocol Leveraged ETH | XETH

$0.4737

Coin info

Rank
#30681
Market Cap
$0.00
Volume (24h)
$5,230.9
Circulating Supply
0
Total Supply
572,114.93

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

Do you think the price will rise or fall?

Rise 40%

Fall 60%

About f(x) Protocol Leveraged ETH

What is the project about? f(x) splits ETH into a mix of low-volatility “floating stablecoins” called fETH and high-volatility “leveraged ETH” tokens called xETH. Users can supply ETH or stETH to mint either one (pure ETH is zapped into stETH before deposit) What makes your project unique? f(x) was created to avoid centralized risks from real-world assets. Apart from smart contract and oracle risk, which are common to nearly all DeFi protocols, the main risk for f(x) is of an extreme outlier rapid ETH price drop which is larger than the ability of the currently minted xETH to absorb. In that case, xETH price would go to zero (sort of like a liquidation) and fETH would lose its low volatility nature, reverting to 1:1 ETH price movements. What can your token be used for? xETH provides powerful, free leverage on ETH. No funding rate, a very low risk of liquidation. It’s a great token to amplify your gains on a long-term bet on ETH price growth.

Price perfomance

$0.00

$∞

Range 24H

$∞

Depth of Market

Depth +2%

Depth -2%

We recommend

News

f(x) Protocol Leveraged ETH | XETH

$0.4737

f(x) Protocol Leveraged ETH | XETH

Coin info

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Do you think the price will rise or fall?

About f(x) Protocol Leveraged ETH

Price perfomance

Depth of Market

Depth +2%

Depth -2%

We recommend

News

Top Markets

f(x) Protocol Leveraged ETH | XETH

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

About f(x) Protocol Leveraged ETH