• Cryptos 17194
  • Exchanges 1272
  • Market Cap $3.56T 4.31%
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f(x) Protocol Live Price Update & Market Capitalization

f(x) Protocol FXN #2418

$51.54 4.86% (1d)

Market Overview

f(x) Protocol current market price is $51.54 with a 24 hour trading volume of $226.20K. The total available supply of f(x) Protocol is 1,129.95K FXN with a maximum supply of 2,000.00K FXN. It has secured Rank 2418 in the cryptocurrency market with a marketcap of $3,347.22K. The FXN price is 1.98% up in the last one hour.


The high price of the f(x) Protocol is $56.18 and low price is $48.17 in the last 24 hours. Live prices from all markets and coin market Capitalization. Stay up to date with the latest price movements. Check our coin stats data and see when there is an opportunity to buy or sell at best price in the market.

f(x) Protocol Rank

2418

f(x) Protocol Price

$51.54

Market Cap

$3,347.22K 4.52%

Fully Diluted Valuation

$58.24M

Trading Volume(24h)

$226.20K

Circulating Supply

64,938 FXN

Total Supply

1,129.95K FXN

Max Supply

2,000.00K FXN

High(24h)

$56.18

Low(24h)

$48.17

All-time High

$219.95 76.54%
14 Mar 2024

All-time Low

$12.22 322.33%
29 Sep 2023

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f(x) Protocol Price Chart

1h

1.98%

24h

4.86%

7d

25.46%

14d

42.94%

30d

107.01%

60d

45.73%

200d

4.33%

1y

58.16%

No historical data available for .

f(x) Protocol Market Cap Chart

About f(x) Protocol

What is the project about?f(x) Protocol creates two new ETH derivative assets, one with stablecoin-like low volatility and the second a leveraged long ETH perpetual token. These tokens are created by separating ETH collateral into a lower-volatility token named fETH, and a higher-volatility token named xETH.What makes your project unique?f(x) Protocol is bult with the aim of creating a symbiotic system that decomposes ETH into two useful tokens.For fETH, the goal is to produce a low volatility token which:Is fully decentralized and Ethereum-native;Minimizes volatility while retaining a small exposure to the market;Can be minted and redeemed instantly in direct response to stablecoin demand;Has maximum liquidity depth based on a multiple of demand for xETH, rather than a fraction of demand for CDPs.Specifically for xETH, we create a leveraged long ETH token which:Is fully decentralized and Ethereum-native;Is composable, with liquidity on-chain;Has extremely low risk of liquidation.What can your token be used for?f(x) will adopt ve tokenomics. Locking FXN will receive veFXN. The longer the lock time, the more veFXN received. 75% of treasury revenue will be distributed to veFXN holders.

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