f(x) Protocol

$18.04

-$3.11

-14.69%

• Today

YTD

ALL

f(x) Protocol price today and market data

Name

f(x) Protocol

Symbol

FXN

Network

Ethereum

Market Cap

$3M

Total Supply

1.24M

Circulating Supply

164.15K

Holders

5,191

Volume (24h)

$99K

+109.00%

Trades (24h)

134

-29.47%

Traders (24h)

-12.50%

All-Time High

$1.3K

All-Time Low

$0.0006

Liquidity

$928.71

Created (~3 yr old)

Sep 2023

What is f(x) Protocol?

f(x) Protocol is a decentralized stablecoin and leverage trading system on Ethereum. Its core product is fxUSD, an overcollateralized stablecoin backed solely by stETH and wBTC, with no off-chain custody. Users can borrow fxUSD against stETH or wBTC collateral for a flat one-time fee, or open leveraged long and short positions on ETH and BTC, which loop fxUSD against the same collateral for up to 7x exposure. Both paths mint fxUSD against the same backing. Yield is generated from two real sources: stETH staking rewards on the underlying collateral, and fees paid by borrowers and leverage traders. That yield flows to the Stability Pool, where users can deposit fxUSD or USDC to earn it. The yield is organic, with no FXN emissions or token inflation funding it.

Website

Discord

f(x) Protocol FAQ

The market capitalization of FXN is $3M as of Oct 30, 2026.

Market capitalization is calculated by multiplying the current price of FXN by its circulating supply. It reflects the overall value of the token in the market and helps gauge its relative size compared to other cryptocurrencies.

The daily trading volume of FXN is $99K as of Oct 30, 2026.

Trading volume can fluctuate based on market conditions, investor activity, and overall demand for FXN.

The total supply of FXN is 1.24M.

The circulating supply, which represents the number of FXN currently available in the market, is 164.15K as of Oct 30, 2026.

FXN can be bought and traded on a variety of cryptocurrency platforms, including Phantom!

Pricing information is provided for informational purposes only and is not financial advice. Market data is provided by third parties and Phantom makes no representation as to the accuracy of the information.