1/9 The era of the "Liquidation Alert" email is over. Introducing FX100: The world’s first 100x Non-Liquidatable Perpetual Engine. We are moving the market to a new equilibrium, where leverage is high, but survival is prioritized. Goodbye, liquidations. 👋

The Legendary Arc by @rektdiomedes 😎 Bullieve, the Future of France is at hand. @protocol_fx $FXN coded

Trade with liquidation protection at f(x).

Let's take a brief trip down memory lane my dear anon... It is May 2021... After utterly surging to unprecedented high's- on the back of defi summer, the Covid money-printing insanity, and animal spirits of obscene proportions- Bitcoin has suddenly and inexplicably CRASHED by 50%, and many popular alts have dropped by 90% or more :/ Sentiments have been gutted... Half the TL has been liquidated... Everyone fears that the bull market is over and they have missed their chance at generational wealth... And the idea that we could bounce back is the last thing anyone is contemplating... I remember this point vividly. As of then, I was not yet full-time crypto. I still owned my previous business at that point (a digital marketing/performance lead-gen agency) and was ostensibly focused on it full-time, but had become utterly obsessed with defi, and had been geeking out on it all day every day as hard as I possibly could. Every available moment was spent combing through CT, reading docs, exploring new projects, and watching defi-focused videos from fascinating characters like 'Taiki Maeda' and 'Noah Seidman' and 'The Calculator Guy' :) And I had stumbled upon something called 'Olympus DAO' that I found utterly fascinating... And was also curious about this new chain 'Avalanche' I had been hearing about, and some of the projects being built on it like 'Trader Joe'... And... *IF* I had doubled down then- and kept going down the rabbit hole- I would have made obscene amounts of money- as this was before $OHM had started mooning and before Avax season had begun. But instead, the crash in May spooked me- and I decided to give up on my silly little crypto infatuation, and go back to digital marketing full-time :) We all know what happened next though... Crypto mooned again, $OHM 1000x'd, and Avax season (Trader Joe, TIME, etc) printed millionaires - - And I ended up jumping into crypto full-time anyway in November of 2021 after fomo'ing back in :) I bring all of this up, however, because @protocol_fx today reminds me of the above dynamics. Max pain on the TL. Max bearishness. Everyone giving up on crypto. And a small group of builders shipping like crazy and catalyzing all sorts of excitement despite it. - While overall defi TVL is down 30% since April 1st, @protocol_fx TVL has 3x'd since then - While countless other teams are shutting down operations, @protocol_fx ix expanding into new areas and announcing all sorts of new partnerships - While sentiments languish across the space, @protocol_fx is getting ready to unleash an entirely new defi primitive via @FX100Perp And, while I'm not claiming we are necessarily set for the same kind of H2 2021 market spike we saw then... I do think its worth noting just how infinitesimally small our market currently is in comparison to the global economy and other asset classes, and the opportunity this represents... In this vein... Crypto has been DEMOLISHED since last October. $BTC is no longer a top 10 global asset. Our beloved $ETH has become a punchline. All of crypto is barely above $2T in market cap. And there are multiple individual stocks bigger than our entire industry. While this is painful in the short term, it presents an unprecedented opportunity due to the IMMENSE amount of room there is go to upward from here. And if we do, I think @protocol_fx is going to ride that wave more effectively than any other project I can think of. They are actually shipping the proverbial 'Future of France' as thoroughly as any team in defi if you look at all the areas they are currently building in... They embody the spirit of decentralization and permissionlessness as well as any team I'm aware of... They have an absolutely spotless track record vis a vis security... And they are at the forefront of THREE extremely important narratives: 1) Stablecoins 2) Leveraged trading 3) Privacy Not to mention their continued efforts to cement $fxUSD as the #1 stablecoin for the AI economy (more on that in thread!)... So yeah... below I will present a bunch of info and updates via links to other tweets and threads and videos on all of the above... And I highly recommend checking them out... Do not make my mistake from 2021 and give up and check out just because price action is currently bleak, because crypto can turn around faster than any of us can imagine... As always, I own a ton of $FXN and am insanely bullish on it and also work with the team - so I am bias (and will flip the goofy 'partnership' tag on this), but I really believe the arc these dudes are gonna go on will be legendary 💪 Here's to defi lads, and here's to utterly massive success stories within it 🫡🇫🇷

🐋 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

They rarely see the architecture behind it. They don’t see the moments when markets collapse, positions get wiped out, systems fail under pressure. The truth is: a protocol doesn’t prove its value when the market is going up. It proves it when everything is falling apart. @protocol_fx wasn’t built to “look good.” It was built to survive. No funding fees. No floating rates. No liquidations. Patience. Discipline. System design. These three save accounts more than any trade ever will. Sometimes you don’t need to win big. You just need to stay in the game. No stress, sleep well !!!

fxUSD takes to the skies 🛫 The $fxUSD - $USDC pool on Aerodrome is now eligible to receive AERO emissions. Welcome, @protocol_fx.

What doesn’t kill you makes you stronger. @protocol_fx @FX100Perp Stay in the game. GM 🙋🏽‍♂️☕️ fanatics!

Crypto maxis see this art and think it's about holding. I see a guy who discovered @protocol_fx and stopped checking liquidation prices every 5 minutes. Delta-neutral Real yield Sleeping through market volatility. $FXN, $fxUSD , $fxSAVE

A stablecoin vault called fxSAVE is being pitched as the highest-yielding stablecoin on Ethereum, around 7%, and @protocol_fx calls it all organic, zero emissions. Okay, but who pays that 7% ?

Liquidated? Brother, come to @protocol_fx $FXN coded (never get liquidated again) 😎 $BTC $ETH safe leverage, aye

One pill per trade keeps liquidation away @protocol_fx

LFG Pendle X @protocol_fx Hell of a combo - best place to park stables right now at 8% fixed yield 👀 $fxSAVE coded $FXN $PENDLE

We are going to be at @ethconf in NY this week. Catch us up here or drop us a DM if you want to talk stablecoins.

GM SUMMER ! 🙋🏽‍♂️☕️ GM Maxis GM CT #ali #fxn

Somewhat flying under the radar - @protocol_fx fxSAVE has been quietly one of the best stablecoin deals on Pendle. • $FXN $PENDLE rewards for YT • 8.02% Fixed APY - one of the highest for stablecoin

Over $216M in shorts got liquidated in the last 24 hours. Moments like this are a reminder that leverage can be brutal when the market moves against you. A lot of traders chase bigger positions, but very few think about how much risk they are taking on. That’s why I find the approach from @protocol_fx interesting. Instead of focusing on reckless leverage, they offer up to 7x long and short exposure on ETH and WBTC while keeping liquidation risk and funding costs lower than what many traders are used to. When hundreds of millions are getting wiped out in a single day, risk management stops being a boring topic and becomes the only thing that matters. You can check my highlights for more posts related to f(x) Protocol and some recent breakdowns I have shared.

Private & “Safe” Leverage in DeFi? - @protocol_fx × @RAILGUN_Project As someone who’s been very into the design & utility of Fx Protocol, specifically their xPositions and the fxSAVE Pool, I’ve been looking more closely at their recent integration with Railgun. The privacy focused integration went live just recently in late May & enables users to shield fxUSD into RAILGUN’s private zero knowledge proof balances on Ethereum. By minting Fx’s decentralized stablecoin $fxUSD privately, you can now open leveraged positions with up to 7x on ETH (wstETH) and BTC (wBTC). Also, you can also earn up to 6.3% APY by depositing shielded fxUSD or USDC into the fxSAVE pool, all without exposing addresses, position sizes, or strategies on the public ledger. First you have to shield your assets once via a public transaction into the Railgun privacy pool. From there, all interactions like minting fxUSD, leveraging, and managing positions happen fully privately within RAILGUN’s ZK system & delivers within a true onchain privacy setup, while staying fully composable with Fx’s DeFi mechanics. What’s an nice feature, is that Fx Protocol is currently compensating the shielding and unshielding fees for a limited time, fully paid in FXN rewards & like @cyrille_briere mentioned it in the video below, right now it is basically free. In short, you can run leveraged strategies or earn yield without showcasing your moves to the entire chain, particularly useful for larger positions, as it prevents others from front-running your strategy and protects you from copy trading or simply trading against you Still, it’s worth approaching carefully, review the smart contracts yourself and most importantly, understand how ZK-proofs work and what the risks are. I see the privacy opportunity for Fx as a genuine step toward more sustainable DeFi, because the need for privacy is real, and more protocols will likely follow into ZK composability. Mad respect to both teams. DeFi will win. x.com/protocol_fx/status/205…