4 Nov 2025
90 points · candlesticks and alerts are in the app
26 Oct 2026
Token Unlocks
All upcoming →
Circulating Supply
8.2%
164.15K FXN
Unlocked Supply
64.9%
1.30M FXN
Locked Supply
35.1%
703.09K FXN
No unlocks remain on this token's published schedule.
Unlock data from DefiLlama · Not investment advice
About 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 yi...