About Leveraged frxETH XFRXETH

The xfrxETH token, also called leveraged frxETH, is a decentralized, composable leveraged long frxETH futures contract with a low risk of liquidations and 0 funding fee (and in extreme cases, xETH minters can earn fees). It’s a token to amplify your gains on a long-term bet on ETH price growth. As the price of the reserve token varies, so too does the amount of base token a user may redeem for each of the stable and volatile tokens. The stable token is held fixed at a USD value of $1, so as the price of stETH in the reserve rises, the volatile token price rises at a multiple rate of stETH. Based on the performance of xETH, this multiple generally varies between 1.5x — 4x though though it can rise as high as 4.3X before the protocol responds to limit it.

Leveraged frxETH (XFRXETH) Price Data

Leveraged frxETH (XFRXETH) price has decreased today.

Leveraged frxETH price today is $0 with a 24-hours trading volume up by -- %. XFRXETH price is down in the last 24 hours. It has a circulating supply is 6.21M XFRXETH coins and a total supply of 6.21M.