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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Market Stats
Market Cap
$2,388,433.61
-0.93%
FDV
$73,560,000.00
Circulating Supply
64,938.38 FXN
Max Supply
2,000,000 FXN
Total Supply
1,126,419.579 FXN
Diluted Valuation
$41,428,074.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$44,938.00
-0.8%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$40.36
Overall Price Change (1Y)
-0.49%
Additional info about f(x) Protocol
Recent trends
The latest FXN price is $36.75. Compared to f(x) Protocol's value of $37.12 from 24 hours ago, there's been a -1% decrease, while the current price is 21% up from $30.32 which was recorded one week ago. f(x) Protocol's all time high is $40.36, which was reached on May 9, 2025. This is a -9% change from its price today.
Market details
FXN vs markets
↘ 65.19%
FXN vs BTC
↘ 68.03%
FXN vs ETH
↘ 38.02%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x365AccFCa291e7D3914637ABf1F7635dB165Bb09 |
Price history
Time | Price | Change |
|---|---|---|
Today | $36.75 | ↘ 0.93% |
1 Day | $37.12 | ↘ 0.93% |
1 Week | $30.32 | ↗ 21.28% |
1 Month | $28.17 | ↗ 30.58% |
1 Year | $71.48 | ↘ 48.54% |
FAQ
We update our f(x) Protocol to USD currency in real-time. Get the live price of f(x) Protocol on Coinbase.
The current market cap of f(x) Protocol is $2.39M. A high market cap implies that the asset is highly valued by the market.
The all-time high of f(x) Protocol is $40.36. This all-time high is highest price paid for f(x) Protocol since it was launched.
Over the last 24 hours, the trading volume of f(x) Protocol is $44.94K.
Assets that have a similar market cap to f(x) Protocol include Pepelon, Kondrashov, Trips, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of f(x) Protocol is 65 thousand.
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Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.