f(x) Protocol Leveraged ETH XETH Live Price Today

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.

Daily trade volume is 16,413.41 JPY.

The f(x) Protocol Leveraged ETH price today in JPY is 134.93. Through the f(x) Protocol Leveraged ETH price history, the price ranges from 713.87 JPY (all time high) to 66.42 JPY (all time low). f(x) Protocol Leveraged ETH price last 24 hours fluctuated from 135 JPY (24h high) to 131.51 JPY (24h low).

Check the f(x) Protocol Leveraged ETH value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB

Homepage: https://fx.aladdin.club/home/

Block explorers: https://etherscan.io/token/0xe063f04f280c60aeca68b38341c2eecbec703ae2 https://intel.arkm.com/explorer/token/f-x-protocol-leveraged-eth https://ethplorer.io/address/0xe063f04f280c60aeca68b38341c2eecbec703ae2

Twitter: https://twitter.com/protocol_fx/