fx Protocol (FXN)
Total Value Locked$163.12m
TVL by Chain
Ethereum$163.12m
Key Metrics
Fees (Annualized)$5.64m
Fees 30d$462,307
Fees 7d$141,132
Fees 24h$0
Cumulative Fees$6.11m
Revenue (Annualized)$788,840
Revenue 30d$64,659
Revenue 7d$33,223
Revenue 24h$0
Cumulative Revenue$3.04m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$788,840
Earnings 30d$64,659
Earnings 7d$33,223
Earnings 24h$0
Cumulative Earnings$3.04m
Market Cap$7.33m
$FXN Price$112.84
All Time High$219.95
All Time Low$12.22
Fully Diluted Valuation$129.04m
$FXN Volume 24h$308,288
CEX Volume-
DEX Volume$308,061(99.93% of total)
$FXN Liquidity$8.65m
Curve DEX$8.32m
Raydium AMM$328,964
fx Protocol (FXN)
Total Value Locked$163.12m
TVL by Chain
Ethereum$163.12m
Key Metrics
Fees (Annualized)$5.64m
Fees 30d$462,307
Fees 7d$141,132
Fees 24h$0
Cumulative Fees$6.11m
Revenue (Annualized)$788,840
Revenue 30d$64,659
Revenue 7d$33,223
Revenue 24h$0
Cumulative Revenue$3.04m
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$788,840
Earnings 30d$64,659
Earnings 7d$33,223
Earnings 24h$0
Cumulative Earnings$3.04m
Market Cap$7.33m
$FXN Price$112.84
All Time High$219.95
All Time Low$12.22
Fully Diluted Valuation$129.04m
$FXN Volume 24h$308,288
CEX Volume-
DEX Volume$308,061(99.93% of total)
$FXN Liquidity$8.65m
Curve DEX$8.32m
Raydium AMM$328,964
Protocol Information
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)
Category:CDP
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Interest paid by borrowersView code on GitHubRevenue: Interest paid by borrowersView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Income Statement for fx Protocol
Q3 2025* | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | |
---|---|---|---|---|---|---|---|---|
Fees | $369,513 | $1.18m | $1.22m | $833,754 | $612,027 | $1.21m | $507,794 | $175,251 |
Revenue | $55,491 | $198,029 | $281,696 | $625,314 | $459,022 | $904,605 | $380,846 | $131,438 |
Earnings | $55,491 | $198,029 | $281,696 | $625,314 | $459,022 | $904,605 | $380,846 | $131,438 |