148 Photos and videos
in 1.0, the leverage ratio of xToken and the yield from the stability pool are interdependent. after more than a year of operation, it was found that leverage demand far exceeded the stability pool's capacity. this meant that whenever there was insufficient demand for the stability pool, leverage couldn't increase.
2.0 perfectly solves this issue. when opening a position, the protocol automatically mints the corresponding $fxUSD using flash loans and sells it on the market.
what does this mean? the counterparty for xPositions has shifted from the stability pool to the fxUSD lp, which needs to absorb the selling pressure of fxUSD.
there’s no longer a need for the stability pool to be pre-funded to enable sufficient leverage — xPositions can be opened at any time based on risk preferences!
any slippage from selling fxusd on the market is recovered through arbitrage profits, perfectly addressing the original "chicken or egg" dilemma of 1.0.
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fx intern retweeted
Jun 12
🐋 Why whales are choosing #fxMINT from @protocol_fx
Technical breakdown:
✅ 0% annual interest 👉🏼 One-time fees only: 0.5% open / 0.2% close (ETH) | 0.8% open / 0.2% close (BTC)
✅ Collateral: wstETH / WBTC 👉🏼 you keep full upside exposure
✅ Liquidation Brake: Auto-rebalance at 88% LTV 👉🏼 prevents hard liquidations (0 historical liqs in volatile periods)
✅ Max LTV up to 88% 👉🏼 superior capital efficiency
✅ fxUSD ultra-stable via Stability Pool f(x) Invariant
🫵🏾 No selling your stack. No perpetual funding. Just efficient, protected liquidity.
Maximum capital efficiency in DeFi. 🤓
#fxMINT #fxn #DeFi
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intern also noticed stuff that yall might missing out
$wBTC in fx protocol, april: ~171
$wBTC in fx protocol, today: ~1,000
all-time high. 5x in two months.
bitcoin:native traders slowly figuring out where the non-liquidatable leverage lives 👀
dune.com/ivan123/protocol-fx…
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$fxSAVE index since launch.
that's it. that's the post.
up only 🆙
repeat after me only up up and up for $fxSAVE
only by @protocol_fx
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Super high yield now on $fxUSD/USDC pool on @AerodromeFi
Pls don't fight with intern, intern need this income in bear market 🥲
@protocol_fx
Jun 11
AERO emissions just went live on the fxUSD/USDC pool on @AerodromeFi
The pool is currently offering 3,139% APR.
33.58% from fees, 3,106% from emissions.
LP into the pool to capture the highest rewards before dilution. The emission rates won't hold for long as liquidity flows in.
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Intern have run the dashboard and saw this.
fun fact: funding on @protocol_fx has been turned on for 11.47% of the time. ever.
the other 88.5%? holding leverage cost literally nothing.
both $ETH and $wBTC markets sitting at 0% right now btw
data: dune.com/ivan123/protocol-fx…
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fx intern retweeted
Jun 10
CPI today. 8:30am ET.
4.2% expected. Highest since 2023.
Standard positions won't survive unprotected.
Stay on the path.
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Two BTC longs, both opened last Monday around $74k.
Trader A — 3x long on a regular perp. Liquidated Wednesday around $66k. Position: zero.
Trader B — 3x long on @protocol_fx. Got rebalanced down to ~1.5x as price dropped. Still in the trade. Still has skin in the recovery.
Same conviction. Same entry. Wildly different outcome.
The difference isn't the trader. It's the protocol.
BTC's at $61k after a -17% week. Whichever way you think it goes from here — you want to be Trader B.
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fx intern retweeted
May 27
The DMs have started. FX100 private testing spots are going out now.
If you're a trader who actually trades high leverage and wants to break the product before launch, retweet and drop your most painful liquidation story below.
Best ones get this message.
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fx intern retweeted
Apr 23
Plenty of stablecoins look stable in good markets. The ones that matter stay stable when things break.
fxUSD has held peg through every stress event since launch. Fully on-chain. No human intervention.
From yesterday's @ethereumfndn space
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👀👀
Apr 20
28% increase in TVL in the last days.
Money is choosing low risk DeFi.
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fx intern retweeted
Apr 20
28% increase in TVL in the last days.
Money is choosing low risk DeFi.
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fx intern retweeted
Apr 14
制定了方向做中线 就要认真执行
@protocol_fx 既然能保护你仓位 有防爆机制
那么你该忘记 短时间区域 那冰冷的震荡行情，我们的目标是穿过这片沼泽，到达对岸 ，而不是 对付每一条鳄鱼！
当然，若你打赢震荡K线里 每一条鳄鱼那是本事
关键是避开危险‼️不让自己被咬 这才是技术！ $ETH $BTC
Apr 11
若还不知道买什么 当看到这条信息 截图为证
这3个币 莫着奶奶 蒙头买 回调买 按头买
重要事情提醒三篇 然后设置止赢 删掉app
$ETH ——预计3300-3360
$BTC ——预计9.8–10万
$VVV ——预计20💸
另外ETH 我用 $fxUSD 稳定币 做的多单 我的会使用TPprice限价止赢😂 欢迎来毒打我 我不怕爆仓 有@protocol_fx 免疫功能
价格虽会迟到 但行情数月后时间给标准答案
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fx intern retweeted
Apr 12
$316M liquidated in 24h
Perps are binary
Price hits the level and your position goes to zero
f(x) works differently
Your position gets reduced but stays alive
You keep exposure
That’s a better trade over time
Up to 7x on BTC and ETH
Almost zero funding
Same market
Different outcome
Apr 12
JUST IN: $316,000,000 liquidated from the cryptocurrency market in the past 24 hours.
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save interest rate with @protocol_fx
Apr 8
You're paying interest on your CDP right now.
Every hour. Every day. Compounding against you.
fxMINT flips that.
Borrow fxUSD against BTC or ETH. 0.5% in. 0.2% out. That's it.
No ongoing interest. No funding rate. No bleed.
The buy, borrow, die strategy only works if borrowing costs don't kill you first.
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fx intern retweeted
Apr 7
(x) Protocol is now live on @tokenterminal
Real-time data on TVL, revenue, and growth, all on-chain, all transparent.
Explore the dashboard 👇
tokenterminal.com/explorer/p…
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Let's go 🥺
Apr 6
The first batch of DMs are going out to FX100 early genies this week.
Keep your inbox open. You never can tell.
If you'd like to get a DM, say GFX and tell us why in the comments
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