f(x) Protocol Leveraged ETH(XETH) Logo

f(x) Protocol Leveraged ETH Price

XETH
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f(x) Protocol Leveraged ETH(XETH) Price Live Chart

f(x) Protocol Leveraged ETH(XETH) Price Today

f(x) Protocol Leveraged ETH(XETH) price today is $1.84, with a 24-hour trading volume of $328.18 and as such f(x) Protocol Leveraged ETH(XETH) has a market cap of --, giving it a market dominance of +0%. The f(x) Protocol Leveraged ETH(XETH) price moved 0% in the last 24 hours.

XETH Price Data

  • 24H Volume$328.18
  • All-Time High(ATH)$3.45
  • 24H High$1.84
  • All-Time Low(ATL)$0.6498
  • 24H Low$1.84

XETH Market Cap Infos

  • Fully Diluted Valuation$7.11M
  • Market SentimentNeutral

XETH Supply

  • Total Supply1.19M XETH
  • Max Supply3.86M XETH

About f(x) Protocol Leveraged ETH (XETH)

Contract

0xe063f04...bec703ae2

Explorers

Website

fx.aladdin.club

Community

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.

FAQ About f(x) Protocol Leveraged ETH(XETH) Price

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