What is f(x) Protocol fxUSD (FXUSD)?
On V1, fxUSD is unlike anything else in DeFi. It is the first truly decentralized stablecoin with the scalability to compete toe-to-toe with centralized offerings. Its combination of strong peg, built in yield and zero slippage swapping makes it extremely user friendly, while the ingenious economic design grows the available liquidity automatically as a byproduct of providing serious value to constituent LSDs.
How does f(x) Protocol fxUSD work?
For the f(x) V2, f(x) Protocol is a decentralized on-chain trading platform that enables stress-free leverage on ETH and WBTC while delivering the highest organic & sustainable yield on stablecoins. By utilizing an innovative mechanism, we offer up to 7X long or short exposure with minimum liquidation risk & funding costs. To fuel the leverage positions, the protocol mints fxUSD, a scalable & decentralized stablecoin with a strong peg to the dollar and backed by wstETH and WBTC.
Where can you buy f(x) Protocol fxUSD?
f(x) Protocol fxUSD (FXUSD) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for FXUSD sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting FXUSD, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of f(x) Protocol fxUSD (FXUSD)?
The reported 24-hour trading volume of f(x) Protocol fxUSD is $309.61K. Volume is a live reading of how much FXUSD changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.
What is the highest and lowest price for f(x) Protocol fxUSD (FXUSD)?
f(x) Protocol fxUSD reached an all-time high of $1.07 on April 28, 2026, and an all-time low of $0.9531 on December 5, 2024. It is currently trading -6.67% from its peak and +4.86% from its bottom.
The distance from ATH is a useful gauge of recovery potential during a bear market and of stretched positioning during a bull market. Combined with the all-time-low figure it provides a quick statistical frame for thinking about where FXUSD sits in its long-run price range.
What is the market cap of f(x) Protocol fxUSD (FXUSD)?
f(x) Protocol fxUSD's market capitalization is currently $54.13M, and it is ranked #482 by market cap on Cryptopricing. Market cap is calculated as the current price multiplied by the circulating supply (54.16 million FXUSD are actively circulating today).
Market cap is a common but imperfect measure. It reflects the theoretical value of every circulating token at the current market price, but it doesn't capture how thin the top of the order book might be - an important caveat for tokens with low floats or illiquid cap tables.
What is the fully diluted valuation of f(x) Protocol fxUSD (FXUSD)?
The fully diluted valuation (FDV) of f(x) Protocol fxUSD is $54.13M. FDV is a projection of what the market cap would be if every token that will ever exist - including those that have not yet been unlocked, mined or issued - were in circulation at the current price.
FDV is a useful second reading alongside market cap. A large gap between mcap and FDV signals that future token emissions could dilute current holders, while a small gap indicates that supply is already mostly out.
How does the price performance of f(x) Protocol fxUSD compare against its peers?
Over the past 24 hours, f(x) Protocol fxUSD has moved +0.23%. Over the past seven days, the change is +0.01%. Comparing these figures to the global crypto market cap change (shown in the ticker at the top of this page) tells you whether FXUSD is leading, lagging or tracking the broader market.
For deeper analysis, the categories strip on the home page groups coins by theme - Layer 1, Meme, DePIN, AI, RWA and so on - and lets you compare f(x) Protocol fxUSD against its closest peers. The category detail pages surface the underlying coins and their seven-day sparklines in a single view.
How to store f(x) Protocol fxUSD?
Like any crypto asset, the right way to store FXUSD depends on how often you plan to use it. Long-term holders typically self-custody using a hardware wallet such as Ledger or Trezor, which keeps private keys offline and immune to most remote attacks.
For active traders, a reputable custodial exchange wallet can be appropriate, especially one with clear proof-of-reserves attestations. Whatever approach you choose, the most important rule is to keep your recovery phrase offline, never share it, and never enter it into a web form or attached to a DM - no legitimate support agent will ever ask for it.
