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f(x) Protocol...
FETH
#13824
$1.0057
0.00%
Low$0
High$0
Tags
About f(x) Protocol Fractional ETH FETH
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? fETH can be used like a stablecoin. It’s decentralized (backed only by stETH) so it avoids exposure to the shenanigans of central banks or other IRL entities. fETH isn’t exactly a stablecoin, because it gains and loses a small amount of value as ETH rises and falls. Those price movements are fixed at 10% of the size of ETH’s. In this way, it’s anchored to the Ethereum economy, rather than the US one. If you think that USD will devalue over time compared to ETH, you might like to hold it instead of USD stablecoins.f(x) Protocol Fractional ETH (FETH) Price Data
f(x) Protocol Fractional ETH (FETH) price has decreased today.f(x) Protocol Fractional ETH price today is $1.0057 with a 24-hours trading volume down by 0.00%. FETH price is down in the last 24 hours. It has a circulating supply is 0 FETH coins and a total supply of 2.02M.What is the highest price for f(x) Protocol Fractional ETH?The all-time high price of f(x) Protocol Fractional ETH is $1.1169 on Mar 14, 2025.What is the lowest price for f(x) Protocol Fractional ETH?The all-time low price of f(x) Protocol Fractional ETH is $0.1203 on Dec 3, 2024.Token Metrics
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Total Volume (24h)
$105
Market Cap
$0
Fully Diluted Val.
$2,036,510.80
CEX Volume (24h)
$105
DEX Volume (24h)
$0
Liquidity
$1
Circ. Supply
0
Total Supply
2,024,886
Rank
13,824
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