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f(x) Protocol

f(x) Protocol

ProjectWatch6

Decentralized stablecoin with organic yield and leverage

ethereumDecentralized Finance (DeFi)Ethereum EcosystemStablecoin
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About

f(x) Protocol is a decentralized stablecoin and leverage trading system on Ethereum that issues fxUSD, an overcollateralized stablecoin backed by stETH and wBTC. It enables up to 7x leveraged long/short positions on ETH and BTC with minimal liquidation risk, and generates organic yield from staking rewards and fees without token inflation.

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