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f(x) Protocol Leveraged ETH news
About f(x) Protocol Leveraged ETH
The f(x) Protocol is a DeFi solution that addresses the need for a stable asset in the cryptocurrency space while mitigating centralization risks and capital efficiency issues. It was conceived by Aladdin DAO; the banking crisis in March, combined with the depegging of USDC, highlighted the need for a new type of stable asset.
The xETH token, also called leveraged ETH, is a decentralized, composable leveraged long ETH futures contract with a low risk of liquidations and 0 funding fee (and in extreme cases, xETH minters can earn fees).
The live f(x) Protocol Leveraged ETH price today is $1.67 USD with a 24-hour trading volume of not available. We update our XETH to USD price in real-time. f(x) Protocol Leveraged ETH has no change in the last 24 hours. The current CoinMarketCap ranking is #9305, with a live market cap of not available. The circulating supply is not available and a max. supply of 3,864,707 XETH coins.