f(x) Protocol
FP
f(x) Protocol
Decentralized on-chain trading platform offering leveraged positions with minimal liquidation risk and yield on stablecoins.
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About
f(x) Protocol is a decentralized on-chain trading platform that provides users with up to 7x leverage on ETH and WBTC. It aims to minimize liquidation risk and funding costs, allowing users to trade leveraged positions and earn yield on stablecoins. Its stablecoin, fxUSD, is backed by wstETH and WBTC.
Frequently asked
What does f(x) Protocol do?
f(x) Protocol is a decentralized on-chain trading platform that provides users with up to 7x leverage on ETH and WBTC. It aims to minimize liquidation risk and funding costs, allowing users to trade leveraged positions and earn yield on stablecoins. Its stablecoin, fxUSD, is backed by wstETH and WBTC.
When was f(x) Protocol founded?
f(x) Protocol was founded in 2023.
What industry does f(x) Protocol operate in?
f(x) Protocol operates in Fintech, DeFi, Blockchain, Web3, Crypto Exchange, Algorithmic Stablecoin.
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